AXA Group invites you to follow the Half Year 2008 Earnings Press Meeting
London, August 7, 2008
In order to make viewing and follow-up easier, you can follow the presentation in audio feed and download the files.
Documents
Half Year 2008 Earnings Press Presentation
Contents
Key highlights
1H08 IFRS earnings
Checking the Macroeconomic Radar Screen
Concluding remarks
Appendices
2008 Half Year Earnings Press Presentation Script
Contents
Highlights
1H08 IFRS earnings
Conclusion
Questions/answers
Press release
Half Year 2008 Earnings
Positive Underlying Earnings growth
- Underlying Earnings up +7% to €2,766million
- Adjusted Earnings down -1% to €3,290 million
- Net Income down -29% to €2,162 million
Stable total revenues
- Life & Savings New Business Volume down -6% to €3,611 million
- Property & Casualty revenues up +2% to €14,519 million
- Asset Management revenues down -3% to €2,102 million
Positive net inflows
- Life & Savings net inflows: +€6.2 billion
- P&C net new personal contracts: +551,000
- Asset Management net inflows: +€2.2 billion
Very strong financial strength
- Solvency I at 148%
- Solvency II (QIS4) at ca. 175%