Timeline AXA

1996

Strategic acquisition of UAP: AXA becomes #1 world leader

A public exchange offer enables AXA to acquire UAP (Union des Assurances de Paris), which is twice its size. This strategy enables AXA to intensify its activity, particularly in Europe.

By acquiring UAP, AXA becomes the largest French company in terms of turnover, and the world's #1 leader in insurance.