All the headlines from our AXA XL Topic Page, ordered by recency.
May 31 2001 // The ongoing negotiations between AXA, France’s largest insurer, and Germany’s Deutsche Bank have apparently ended without reaching any agreement for an alliance. I
May 17 2001 // France’s AXA Group and its U.S. Subsidiary, AXA Financial, Inc. announced that Christopher M. “Kip” Condron has been named to succeed Edward D Miller as the new President and CEO of U.S. operations. He...
May 10 2001 // AXA’s shareholders approved previously announced plans to split the company’s common stock on a four-to-one basis, and to increase annual dividend payments by 12 percent at a general meeting yesterday.
Apr 9 2001 // After a week of intensive negotiations, Allianz AG and Dresdner Bank, Germany’s third largest, announced on April 1 that they have agreed to join forces to create Germany’s biggest financial institution. With...
Apr 5 2001 // Two leading reinsurance groups, AXA Corporate Solutions Reinsurance Company (successor to AXA Re), and Bermuda-based Renaissance Reinsurance Company have taken equity stakes in International Catastrophe Insurance Managers,...
Mar 30 2001 // “Allianz and Dresdner Bank confirm strategic talks concerning the creation of a leading integrated financial services provider for insurance, investment and banking services. The talks are in an advanced stage, but...
Mar 27 2001 // AXA’s CEO Henri de Castries, in an interview with the French financial newspaper La Tribune, confirmed that the French insurer had held talks with Germany’s Deutsche Bank and “other players,” whom...
Mar 15 2001 // France’s AXA announced results slightly above analysts’ forecasts on Wednesday, stating: “Net income rose 21.2% to an all-time high of Euro 2,261 million {$2.07 billion} from Euro 1,865 million {$1.706...
Feb 21 2001 // Prudential PLC has appointed Mark Wood as chief executive of the company’s UK and European Insurance businesses effective June 21. At that point Wood, 47, will take over responsibilities from chairman and executive...
Feb 7 2001 // France’s AXA Group confirmed the sale of wholly owned subsidiary Banque Worms to Germany’s Deutsche Bank for an undisclosed amount. The sale, scheduled to be completed before April 15, 2001, is ” in line...
Jan 17 2001 // Nevada-based TeleMedica Insurance Management announced that AXA Courtage had agreed to underwrite “a TIM-branded family of worldwide medical insurance plans targeted to expatriates.” The plan calls for the AXA...
Jan 12 2001 // The British Consumers’ Association announced that it would not appeal a court ruling that approved AXA’s plans to distribute a portion of its “orphan assets” to policyholders, while retaining the...
Jan 4 2001 // As of January 2 AXA Financial Inc., officially ceased to be an independent company and became a wholly owned subsidiary of its French parent The AXA Group. Its shares are no longer listed on the NYSE. AXF, the...
Dec 29 2000 // France’s AXA and the Spanish financial group Banco Bilbao Vizcaya Argentaria have realigned their cross shareholdings in several joint ventures. AXA will buy out BBVA’s 30 percent stake in Spanish life insurer...
Dec 26 2000 // AXA and its wholly owned subsidiary, AXA Merger Corp. have completed their exchange offer for all outstanding shares of common stock of AXA Financial, Inc., other than shares owned by AXA and its subsidiaries and shares...
Dec 22 2000 // AXA received court approval for its plan to distribute the bulk of nearly £1.7 billion ($2.5 billion) in “Orphan Assets” from surplus profits and unclaimed life benefits to shareholders rather than policy...
Dec 19 2000 // France’s AXA Group defended its decision in a London court on Monday to payout only a portion of its subsidiary Sun Life & Provincial Holdings’ “orphan assets” to policy holders.AXA’s...
Dec 12 2000 // Two of the world’s biggest insurance companies have issued new debt securities, each totaling around $2 billion. AXA’s long-term subordinated notes were issued on terms previously announced; Allianz three year...
Nov 30 2000 // Henri de Castries, who succeeded the legendary Claude Bébéar as head of AXA last May, told the French financial newspaper Les Echos that the company’s primary focus is on growth in the financial service...
Nov 21 2000 // French insurance and financial services giant AXA announced that it is launching the sale of $1.5 billion worth of subordinated notes “to provide AXA with resources to finance its growth.” The securities, which...