AXA SA

Paris-based insurer operating in France, Europe, Asia and through AXA XL

Overview

AXA rose three places to 18th, with fiscal 2025 revenue of US$107.7bn, up 9.14% on the prior year in dollar terms, and 103,423 employees.[1] The Paris-based insurer began as a small French mutual insurer in the early 19th century and grew through acquisitions; most of its revenue now comes from outside France. Its main activities are property and casualty and life insurance, and it sold its asset-management business to BNP Paribas in July 2025.[16]

AXA SA strengths and limitations

Strengths

  • Strong commercial lines presence through AXA XL
  • Profit of US$11,050m

Limitations

  • Revenue is affected by euro exchange rates
  • Smaller than Allianz on revenue and assets

Appears in

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