The closing is expected for mid-2025, the deal marks Axa's exit from the wealth management sector
AXA ready to sell its asset management division to BNP Paribas for 5,1 billion euros. A new European leader in the asset management sector is born. In the non-life sector in Italy, the French insurance group acquires Nobis
Axa IM Alts celebrates the International Day of Light with the inauguration of the Parco della Luce, a green oasis in Milan, and Prima Luce, a permanent artistic path
The accelerated bookbuilding operation on the Axa stake has been concluded. Sold 100.000.000 shares at a 15% discount. For the French, a capital gain of 39 million
The Monte assembly approved the bank's recapitalization proposal: granted the Treasury's yes, now the CEO must convince private individuals to open their wallets but good signs are coming from Axa and Anima Sgr
Generali acquired a 70% stake in the AXA Affin Life Insurance joint venture and approximately 53% stake in the AXA Affin General Insurance joint venture
Banco Bpm's insurance activities are tempting and the stock gains more than 16% on the stock market since the beginning of the year: the 3 major insurance giants and Credit Agricole are in the running for a partnership
The policies of Banco Bpm, which gained 12% on the stock exchange last week, are coveted by Credit Agricole and Axa: Castagna must decide whether to keep them or open an auction
Great reorganization of the insurance sector of the institute chaired by Giuseppe Castagna, in acceleration compared to the 2021-24 strategic plan. Estimated contribution to net profit of 29 million for 2023.
The insurance group has appointed Salvatore Cavallaro and Giacomo Gargani, who will both report to the CEO of Axa Italia Giacomo Gigantiello. Completed the reorganization of the company's Management Committee
The CFO of the insurance group confirms the strategic nature of the joint venture with Mps. And it does not exclude an interest in the story. CEO Thomas Buberl confirmed for another 4 years from 2022
The 50-year-old manager will be made official in the next board of directors in July: he takes the place of Patrick Cohen, who will lead the activities of the insurance company in France
De Courtois, until a few months ago Donnet's right-hand man at the top of Generali, becomes No. 2 of Axa - It is not the first time that Generali's managers have reached other shores of excellence and it is the confirmation…
Il Leone di Trieste consolidates its presence in Greece with the acquisition of AXA's Greek assets and with the extension of the bancassurance agreement with Alpha Bank until 2040
The manager who led Banca Mps in one of the most difficult moments in its history since September replaces Gérald Harlin who is leaving after 30 years
After the banks, also the insurance companies at the crossroads for dividends: confirm or suspend them? But the business is different and the orientations of the companies are different - During the week a possible board of directors will decide the strategy of Generali while Axa has postponed…
From Generali Italia to Cattolica, from Unipol to Axa, via Alleanza, Poste and Intesa Sanpaolo Assicura: here are the measures launched by Italian companies against the coronavirus emergency
This is what emerges from a research presented on the occasion of the AXA Forum in Milan: more than half of those interviewed fear not having a sufficient pension and among the emerging risks in first place is climate change - Sale…
“AXA Health Solutions. I choose how to cure myself”, dedicated to the protection of health and well-being, after the radio launch, it also arrives in print from 14 October in some of the main national newspapers.
AXA REPORT - One possible evolution of the fixed income cycle is one in which real rates and yields rise on the back of robust growth and appropriate monetary policy intervention in response to mounting pressures…
The French insurance group closed the first half of the year with a net profit of 2,8 billion euros, down 14% compared to the same period of 2017.
"A great deal of uncertainty prevails both about the actual duration of an economic cycle that appears mature in the United States, as well as about the sustainability of Eurozone growth in a scenario of global slowdown", according to Alessandro Tentori, Investment Director of AXA Investment Managers…
Thanks to the bancassurance agreement with Monte dei Paschi, Axa Italia multiplies its revenues and marks a 70% growth in unit linked distributed through the banking channel
According to the new AXA-Episteme research, 70% of Italians feel exposed to change, accelerated by technology - Trust, connection, sharing economy and cyber risk among the new risks / opportunities.
The #AXAChallenge with Bocconi dedicated to students is underway, called to propose concrete and innovative ideas to rethink insurance and become customers' partners - An internship in the insurance group and the possibility of having your project financed are up for grabs
AXA Investment Managers' CIO Bonds, Chris Iggo, discusses the possible impact of the rise of populism (in the US and Europe) on long-term trends in bond markets and inflation -
The conversion into shares of subordinated bonds held by retail and the 5 billion euro capital increase of Monte dei Paschi kick off today: if the operation does not achieve the objective, the Treasury will intervene with a decree of 15 billion…
He was appointed by the Board of Directors, he will assume the position from 28 November
In 2020, we will have 26 "smart connected" devices per individual, but along with this proliferation, data security risks will also grow dramatically.
Italian AXA Forum 2016 - InsurTech is a rapidly growing sector and the use of big data will change the way insurance is done - In the near future we will arrive at a 4.0 model, because new risks will increase…
The markets are nervous, however this is more a matter of sentiment than fundamentals. We could see some improvement in growth in the second quarter.
After almost 17 years at the helm of the group, CEO and chairman Henri de Castries has announced that he will step down on XNUMX September to allow the new management to manage the strategic plan arriving in June
In 2015, the French insurance company achieved a net profit that increased further to 5,6 billion euros - Total revenues were close to 100 billion - The board of directors proposed a dividend of 1,10 euros per share,…
The Axa Group exits banking activities in Hungary. Loss of 80 million euros on 2015 already provisioned. Once the exit has been completed, Axa Bank Europe will now remain only on the Belgian market
The agreement is aimed at developing bancassurance activities through the network of 254 branches of the Piedmontese banking group's network - AXA further expands its presence in the Italian bancassurance channel, through the new company Quadra Assicurazioni.
As for the next appointment on the replacement of top management, "We support Profumo and Viola", says the president and CEO of the French group, Henri de Castries.
In May, during the extraordinary shareholders' meeting which resolved on the increase, according to the results of the shareholder register, Axa held a 3,725% stake.
Title bucking the trend on the Ftse Mib, which travels in the red - The rebound comes after the latest moves on the capital increase.
There are now several cases of large French companies moving their operational bases abroad: these are the reasons for a phenomenon that is alarming France.
FROM THE ADVISE ONLY BLOG - A few years ago, in order to make itself known to the public, a company had to invest large sums of money for an advertising campaign on TV, radio or buy space on the pages of newspapers and magazines: with…
The enlargement would make it possible to give greater stability to the group and the markets like it: Monte dei Paschi gains 5,22% to 1,149 euros on the first day of trading after the statements by the president of the Mps Foundation, Marcello Clarich.
This was stated by the president of the Mps Foundation, Marcello Clarich, in an interview with the Trieste newspaper Il Piccolo, also speaking on the entry of the Big Pactual and Fintec funds into the MPS board of directors, as foreseen in the agreement with the Foundation: "It is a delicate dossier" .
Despite the good financial results, in 2014 the three big European policies - Generali, Allianz and Axa - are in negative territory on the Stock Exchange: the fault of the crowding out caused by the banks and also the absence of speculative appeal linked to…
The French insurance group presents the plan to reorganize the business in Italy: controlling holding and under a consortium to which more than half of the employees, currently around 1.500, will be assigned.
Net profit rose from 4,06 billion euros to 4,48 billion, but did not beat the expectations of analysts who had estimated a net profit of 4,8 billion.
The president and CEO of the French insurance giant said he was ready to contribute to the recapitalization of Mps, declaring himself confident about the new course taken by Profumo and Viola - On Italy: "I respect Enrico Letta a lot. In 2013 we invested 2 billion…
Every day, life expectancy in the most developed countries (USA, Europe and Japan) grows by 5 and a half hours: this is revealed by a study by the French insurance group Axa, which demonstrates how the phenomenon is too often underestimated.
Unexpected postponement to Siena where the board of directors met today to approve the restructuring plan - The bank: the technical development work completed" - But "the formal investigation phase between the Ministry has not been finalized...
Juan Angoitia, after a long experience in CII, has been appointed new Managing Director for the Infrastructure division of AXA Private Equity - "His great experience in the infrastructure field will make an invaluable contribution to our investments".
In a recent report, Axa analysts say they are quite convinced that purchases will be reduced gradually but steadily between September 2013 and June 2014 - What is the effect on the markets? US shares are doing well, the scenario on Europe is constructive while…
The French insurance group reports contrasting numbers, with profits down by 3% but dynamic turnover and operating result, respectively at +3,4% and +14% - The CEO of Axa, Henri de Castries, received the support of the BoD, hopes in April in…
Aena flies high, and in alliance with Axa Private Equity announces the purchase of the London airport for 502 million euros. The Spanish airport company is not intimidated by the nationalization suffered in Bolivia and buys from Abertis, another victim of…
The leading private equity firm acquired Unicredit's 40% stake in HISI, coming to control it. The acquired company, a "Holding of Investments in Healthcare and Infrastructures", has indirectly obtained a 28-year concession for the…
Meanwhile, Club Med closed the first half-year with an increase of 7,1% to 18 million euros, thanks to the higher number of summer bookings in advance compared to the same period last year.
The French insurance group stresses that Italy remains a key market for the group, with a 6,7% incidence on premium income in the life business and 5,4% in the non-life business. The overall market share, on the other hand, reaches 4,7%.
In 2012 the company achieved a turnover of approximately 46 million euros, of which 70% from abroad, and an Ebitda of approximately 6,8 million - Axa Private Equity had acquired the majority of the group in 2008.
According to CEO Henri de Castries, net profits deriving from the French insurance group's joint venture with MPS rose to a record 2012 million euros in 72 - "Confident that the new management can bring Banca…
The French insurance group Axa announced that it closed 2012 with a net profit of 4,152 billion euros, a decrease of 1% compared to 2011.
The leading diversified private equity firm today announced the opening of a new office in Beijing, the first in China: seven years ago, in 2005, it inaugurated its presence in Asia with an office in Singapore.
In the first nine months of 2012, the French insurance company recorded an increase in turnover to 68,35 billion euros, thanks above all to the Non-Life business, which increased by 3,6%.
The crisis pushes the fair sex to take more care of the financial assets of the family - The risk appetite rises to 59,9%.
The French insurance giant reports a net loss in the first half of 2012 with profit falling 36% from a year earlier, to 2,58 billion euros.
In the afternoon, the president and CEO of the French insurance group Axa was seen entering the Milan office of Mediobanca, followed shortly after by the honorary president of Fonsai - In recent days there had been talk of a possible participation…
The drop is 75,9% - In the afternoon in Piazzetta Cuccia, the meeting of the directors of the syndicate pact is scheduled - Meanwhile, the president and CEO of the French insurance group Axa arrived at the Milan office of the institute,…
The number one of the French insurance group was clear: "Our job is not to increase our exposure to the banking sector, in Italy or elsewhere" - Meanwhile, however, Montepaschi is still doing well in Piazza Affari.
The Greek case makes the markets cautious but the BTP-Bund spread continues its descent - Piazza Affari turns red - Fitch downgrades the Italian banks but saves Unicredit: the EBA's judgment tomorrow - But Banco Popolare sparks…
According to rumors, the French are studying the dossier to evaluate various possibilities such as the purchase of company branches, brands or agencies, up to the launch of a takeover bid - Meanwhile, a rebound day in Piazza Affari also for Premafin and Unipol.
The cut will allow the French insurance group to save 220 million dollars over the next four years.
The managing director of the group, during the press conference to present the results for the first half of 2011, declared himself confident with regard to Italy and Spain: "We will not reduce exposure to the two countries".