Axa SA is a multinational insurance company headquartered in Paris, France and focusing on global insurance, investment management, and other financial services. Axa is a holding consisting of multiple independently run companies acting in compliance with the local laws and regulations. The holding is one of Euro Stoxx 50 components. This is a majorly significant company for the global economy with the key business locations in Europe, North America, and APAC.
AXA group is focused on insurance: in 2018, €96.6B out of €103B of the earnings accounted for insurance premiums, which includes €57.70B on life insurance and savings deposits and €39B on property and other insurance. The company also provides banking services in France, Belgium, and Germany, which brings around €0.50B in revenues. The net investment income reached €16.60B.
AXA Group was number 85 among the publicly traded companies in Forbes Global 2000 in 2019, while it was also number 33 by turnover, 382 by net profit, 28, by assets, and 164, by the market cap.
In Q1 2020, the company's revenues soared by 4%.
Now you will always be aware of which stocks are more profitable to invest in