AXA

AXA increased gross premiums and other income in the first nine months by 5 percent to €93 billion. The property and casualty business grew by 3 percent, while the life and health insurance business rose by 7 percent. The insurer confirmed its forecasts for the current year; the share dipped slightly in the short term and was trading at around €42.57. » Mere på finanzen.net

AXA increased gross premiums and other income by 5 percent to €93 billion in the first nine months. In property and casualty business grew by 3 percent, while life and health rose by 7 percent. The insurer reaffirmed its forecasts for the current year. » Mere på finanzen.net

After ten years of restructuring, Thomas Buberl is shifting into a higher gear at AXA: the company is posting rising profits, improving returns and planning more generous payouts to shareholders. » Mere på deraktionaer.de

AXA plans to increase profits in the coming years more than previously planned and is relying more on artificial intelligence to cut administrative costs. Group CEO Thomas Buberl emphasized that higher profits, dividends and share buybacks are more important than potential acquisitions. Investors reacted only weakly to the announcement; the stock fell. » Mere på finanzen.net

Axa CEO Thomas Buberl has unveiled a strategy plan aiming for organic growth through ten transformative AI initiatives, stronger customer retention and expanded direct business, as well as targeted expansion in the SME segment, particularly in the US. Axa also plans to expand inclusive insurance offerings in emerging markets and to strengthen prevention in healthcare. Buberl criticizes tax benefits for unhealthy foods and proposes ending these VAT reductions to more seriously promote prevention. » Mere på handelsblatt.com