AXA : published today its 2018 Group Solvency and Financial Condition Report (SFCR)
May 23, 2019 at 12:18 pm EDT
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AXA published today its 2018 Group Solvency and Financial Condition Report (SFCR)
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May 23, 2019
published at 5:45 PM CEST
AXA published today AXA Group Solvency and Financial Condition Report (SFCR) for the reporting period ended December 31, 2018, pursuant to Article 51, 256 and 256a of Directive 2009/138/EC and Articles 290 to 298 and 359 to 364 of Delegated Regulation (EU) 2015/35.
The SFCR has been prepared in accordance with the Solvency II regulations governing insurance groups' reporting and is solely intended to fulfil the requirements thereof.
The SFCR can be found on AXA's website under the 'Investors / Earnings and reports / Earnings Presentations' section (in French and in English).
AXA SA published this content on 23 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 May 2019 16:17:04 UTC
AXA is the European leading insurance group. Net sales break down by activity as follows:
- damage insurance (51.6%): mainly car insurance, home insurance, property damage, civil liability, and major risk insurance. The group also offers assistance services (medical assistance for travelers, breakdown service for vehicles, etc.);
- life insurance (46.8%): sale of savings policies, retirement accounts, estate planning services, and health insurance to individuals and companies;
- asset management (1.5%): EUR 843 billion of assets managed at the end of 2023;
- other (0.1%): mainly banking activities in France, Belgium and Germany.