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AXA announces the successful completion of its first mortality risk securitization transaction


Press Release

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November 13, 2006

published at 1:00 AM CET

AXA announces today the implementation through a special purpose vehicle, "OSIRIS Capital plc", of a Euro 1 billion shelf program to transfer mortality risk to the capital markets.
This shelf program is a flexible and efficient structure to diversify sources of cover for the Group's mortality risk exposure by benefiting from the broad capacity of capital markets.


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