Hints and tips:
...“Film studio space is still lagging behind, notably in Europe,” said Louis Leveillé Nizerolle, head of transactions for France at Axa IM Alts....
...In 2023, Axa’s net income rose 8 per cent to €7.2bn but slightly missed analysts’ forecasts....
...Axa pivoted in 2020 to focus more on healthcare insurance....
...Foreshadowing that danger, Axa reportedly wants to sell the reinsurance arm of its subsidiary XL. Axa is a large, stolid French commercial and retail insurer....
...By 2011, when Axa put it up for sale, Senequier and her core team were ready to pounce. She led a management buyout to acquire the company from Axa in a deal valuing it at €510mn....
...Ardian has been valued at more than 10 times the price its executives paid Axa for it, people familiar with the matter told the FT....
...Axa retains a 0.0007 per cent stake in MPS after the share sale....
...France’s Axa said on Thursday it would “continue its individual sustainability journey, as an insurer, an investor and a responsible company”....
...Axa, which has lost about €1bn on MPS equity investments over the past 15 years, nonetheless stepped up....
...Axa also booked losses on its political risk cover for events such as damage to buildings in the course of the war....
...But it concluded that Axa had provided “adequate justification” for the pay increases....
...At that point, Axa confirmed it had not sent the email about a bank transfer....
...Axa’s revenues for the first nine months of the year increased 7 per cent on the same period last year....
...Axa’s results were bolstered by a strong underwriting performance at its Axa XL division, which benefited from an upswing in commercial insurance prices....
Lawyers tackled legal and data privacy issues to deliver Covid test kits in the UK
...Axa’s share price is down 20 per cent this year....
...Axa IM, Candriam, Handelsbanken, Schroders and Sycamore were top performers in the global category....
...It also announced that its €1.2bn sale of Axa Life Europe had collapsed....
...Axa shares jumped 7 per cent on Wednesday following the payout decision....
...Axa has postponed its annual general meeting by two months until the end of June in the hope that the regulators come to some agreement before then....
...Thomas Buberl, Axa’s chief executive, said on Thursday that after two years of integration it was time for new leadership at Axa XL....
...The abrupt departure of Andrea Rossi this week from his role as chief executive of Axa Investment Managers has reignited speculation about the future of the €757bn asset management business owned by Axa,...
...Under Mr Buberl, Axa acquired the Bermuda-listed insurer XL in March last year, and then listed Axa Equitable, the group’s US life insurance company, shifting the company’s portfolio from market-dependant...
...AXA was the sole buyer of the €100m, 10-year bond that pays a coupon of 0.55 per cent....
...“[Following the deal] Axa’s global commercial lines were considerably increased.”...
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