AXA in figures
Activity indicators
IFRS, in Euro million |
2004 |
2005 |
2006 |
2007 |
2008 |
Life & Savings |
4 808 |
5 476 |
6 186 |
7 694 |
6 789 |
P&C |
17 852 |
18 874 |
19 510 |
25 016 |
26 039 |
International Insurance |
3 363 |
3 813 |
3 716 |
3 568 |
2 841 |
Asset Management |
3 084 |
3 440 |
4 406 |
4 863 |
3 947 |
(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 2008 insurance revenues
France |
23% |
North America |
17% |
Northern Europe |
25% |
UK & Ireland |
9% |
Asia-Pacific (including Japan) |
10% |
Mediterranean region |
13% |
International insurance* |
3% |
*excluding AXA RE
Assets under management
|
2004 |
2005 |
2006 |
2007 |
2008 |
Total (in Euro billion) |
871 |
1,070 |
1,315 |
1,281 |
981 |
By company |
|
|
|
||
AllianceBernstein |
45% |
46% |
43% |
42% |
34% |
AXA Investment Managers |
40% |
40% |
38% |
43% |
49% |
Other AXA companies |
15% |
14% |
19% |
15% |
17% |
Breakdown of Asset under Management |
|
|
|
||
Managed on behalf of third party |
51% |
54% |
51% |
51% |
42% |
Own account |
36% |
33% |
35% |
34% |
44% |
Life insurance separate accounts |
13% |
13% |
14% |
14% |
13% |
Adjusted earnings
Adjusted earnings of Euro 3.6 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 4.0 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 1,9 reaching 95,5%.
Capital Ownership
Capital Ownership at December 31, 2008
Mutuelles AXA |
14.3% |
Treasury shares |
1.4% |
Individual shareholders |
7.6% |
Employees |
5,9% |
Other shareholders |
2.4% |
Institutional Shareholders: France |
23.8% |
Institutional Shareholders: North America |
19.9% |
Institutional Shareholders: United Kingdom and Ireland |
11.6% |
Institutional Shareholders: Germany |
3.8% |
Institutional Shareholders: Benelux |
2.5% |
Institutional Shareholders: other Europe |
3.3% |
Institutional Shareholders: rest of World |
3.7% |