AXA in figures

Revenues Indicators

IFRS, in Euro million

2004 

2005 

2006 

 2007

 2008

2009

Life & Savings
New business APE(1)

4,808

5,476

6,186

7,694

6,789

 6,188

P&C
Revenues

17,852

18,874

19,510

25,016

26,039

26,174 

International Insurance
Revenues 

3,363 

3,813 

3,716

3,568

2,841

2,860 

Asset Management
Revenues

3,084 

3,440 

4,406

4,863

3,947

3,074 

(1) APE (Annual Premium Equivalent): represents 100% of new business regular premiums + 10% of new business single premiums, in line with EEV methodology. APE is group share.

Geographic breakdown of 2009 insurance revenues

France

25%

North America

12%

Northern Central and Eastern Europe

25%

UK & Ireland

8%

Asia-Pacific (including Japan)

11%

Mediterranean region

15%

International insurance*

3%

*excluding AXA RE

Assets under management

 

2004

2005 

2006

2007

2008

2009

 

Total (in Euro billion)

871

1,070

1,315

1,281 

981 

1,014 

By company

  

 

 

 

 

  

AllianceBernstein

45%

46%

43%

42% 

34%

34% 

AXA Investment Managers

40%

40%

38%

43% 

49%

49% 

Other AXA companies

15%

14%

19%

15%

17%

17% 

Breakdown of Asset under Management

 

 

 

  

 

  

Managed on behalf of third party

51%

54%

51%

51% 

42%

41% 

Own account

36%

33%

35%

34% 

44%

43% 

Life insurance separate accounts

13%

13%

14%

14%

13%

15% 

Adjusted earnings

Adjusted earnings of Euro 3.5 billion.

Adjusted earnings represent net income before the impact of exceptional operations, goodwill and related intangibles amortization/impairments, and profit or loss on financial assets (under the fair value option) and derivatives.

Underlying earnings

Underlying earnings of Euro 3.9 billion.

Underlying earnings are adjusted earnings, excluding net capital gains attributable to shareholders.

P&C combined ratio

The combined ratio for property-casualty operations improved by 3.6 reaching 99%.

Capital Ownership

Capital Ownership at December 31, 2009

Mutuelles AXA

14.1%

Treasury shares

1.2%

Individual shareholders

7.4%

Employees

5,9%

Other shareholders

4.0%

Institutional Shareholders: France

23.1%

Institutional Shareholders: North America

20.0%

Institutional Shareholders: United Kingdom and Ireland

12.1%

Institutional Shareholders: Germany

2.5%

Institutional Shareholders: Benelux

2.4%

Institutional Shareholders: other Europe

4.0%

Institutional Shareholders: rest of World

3.2%