All the headlines from our AXA XL Topic Page, ordered by recency.
Nov 14 2000 // France’s AXA Group announced that consolidated revenues had risen 28.9 percent (14 percent on a comparable basis, which reconciles currency fluctuations and accounting procedures) to a record €61.8 Billion ($53.15...
Nov 8 2000 // AXA Financial Group (AXF), the U.S. subsidiary of France’s AXA, which controls Equitable Life, Alliance Capital Management and AXA’s other U.S. interests, posted a 45 percent gain in operating earnings for the...
Nov 6 2000 // AXA Financial, the U.S. subsidiary of France’s AXA Group, announced that it had completed the sale of its investment bank unit, Donaldson, Lufkin & Jenrette to Credit Suisse First Boston. There were no...
Nov 2 2000 // The ongoing dispute between France’s AXA and its British policyholders took a new turn when a High Court judge upheld a consumer group’s right to challenge AXA’s proposed distribution of a portion of its...
Oct 19 2000 // AXA Group announced that its offer to buy out the minority shareholders of its U.S. subsidiary AXA Financial had been accepted following the unanimous recommendation of a special committee of independent directors in favor...
Oct 16 2000 // The financial strength rating (FSR) of AXA Global Risks U.S. Insurance Co., New York, was raised from “B++” to “A-” by A.M. Best Co., an action which reflects the company’s renewed focus...
Oct 3 2000 // A.M. Best’s rating service announced that it had “raised the financial strength rating of AXA Global Risks US Insurance Company, New York, to A- (Excellent) from B++ (Very Good.” Best noted that the...
Sep 27 2000 // French insurer AXA’s U.K. subsidiary Sun Life & Provincial announced plans to distribute up to £1.7 billion ($2.47 billion) in unclaimed funds to shareholders and policyholders. The amount has been accruing...
Sep 21 2000 // Following a strong performance by its U.S. Financial Unit, AXA Financial, the French Group posted a net increase of 28.8 percent for its consolidated revenues to € 41 billion ($34.85 billion) for the first half of...
Sep 18 2000 // At the end of August, AXA Financial (AXF), the unit of France’s AXA Group that controls its U.S. subsidiaries, agreed to sell its 71 percent stake in the investment bank Donaldson Lufkin and Jenrette (DLJ) to Credit...
Aug 30 2000 // Confirming the rumors circulating around Wall Street, AXA Financial, Inc. (AXF), the U.S. holding company 60 percent owned by French insurer AXA Group, announced that it will sell its 71 percent stake in investment banker...
Aug 14 2000 // AXA’s recently retired CEO, Claude Bebear, must be pleased. The company he built virtually from scratch over the last 25 years just reported its best first half year earnings ever, with growth in all sectors. Life...
Jul 25 2000 // French insurer AXA has proposed to release $2.5 billion in “orphan” assets in its British life insurance fund, which could mean a $788 million payout for policyholders. The proposals, reported Tuesday by...
Jul 24 2000 // As most people with experience in the movie industry could tell you, it’s an easy way to lose a lot of money. That may happen to several insurance companies, notably France’s AXA, if they lose the lawsuits that...
Jul 24 2000 // The “AA” long-term counterparty credit and insurer financial strength ratings on the insurance operating companies of the AXA Group of France were affirmed by S&P. The rating action includes all ratings on...
Jul 10 2000 // As most people with experience in the movie industry could tell you, it’s an easy way to lose a lot of money. That may happen to several insurance companies, notably France’s AXA, if they lose the lawsuits that...
Jun 27 2000 // Standard & Poor’s recently made announcements affirming the credit ratings of the French and U.K. insurers as follows:AXA – The report on France’s AXA Group affirmed its extremely strong financial...
Jun 22 2000 // AXA Financial, Inc. (AXF) and Alliance Capital Management L.P. (AC), both U.S. based subsidiaries of France’s AXA Group, have entered into an agreement to acquire substantially all of the assets and liabilities of...
Jun 9 2000 // AXA subsidiary, AXA Ireland, which was formerly a part of the Guardian Royal Exchange Group, acquired by AXA’s Sun Life and Provincial Holdings last year, announced a 5 percent rise in premiums on Irish automobile...
May 18 2000 // Kingsway General Insurance Co., a subsidiary of Kingsway Financial Services, has acquired the renewal rights for AXA Canada subsidiaries’ long-haul trucking portfolio in Canada. The portfolio, made up of fleet...