AXA's Investor Day 2015

Follow the live webcast from 4:45pm (London time). The replay will be available in the evening. You can also access the presentation podcast.

AXA is holding today an Investor conference on its Solvency II position and Capital Management framework

The following are the key financial highlights:

• Solvency II ratio at 212% as at September 30, 2015 under AXA's internal model which was approved by the ACPR on November 18, 2015
• Solvency II ratio is resilient to a wide range of financial and non-financial shocks
• Clearly defined capital management framework with 170-230% as central target range of Solvency II ratio
• Dividend payout ratio range increased to 45-55% of Adjusted Earnings
• Higher annual Operating Free Cash Flow by ca. Euro 0.5 billion under Solvency II resulting from lower Life & Savings new business capital consumption
• Remittance ratio target confirmed at 75-85%