Member access

4-Traders Homepage  >  Shares  >  Euronext Paris  >  AXA    CS   FR0000120628

AXA (CS)

3789
Real-time Quote. Real-time Tradegate - 05/27 03:59:59 pm
24.185 EUR   +1.70%
09:44aDJAXA INVESTMENT : Bg Group Plc
09:25aDJAXA INVESTMENT : Royal Dutch Shell Plc
07:59a 'Brexit' would be bad for business –Lloyd's of London CEO
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

AXA : CEO : Estimated Solvency Ratios Rise From End 2011

03/28/2012 | 03:47am US/Eastern

French insurance company AXA SA (CS.FR) said Wednesday its solvency ratios, a measure of its financial strength, were significantly higher at the end of February than at the end of 2011.

Chief Executive Henri de Castries said AXA estimates AXA's solvency I ratio was above 200% on Feb. 29, up from 188% at the end of 2011. The level of ratio is close to historical highs, de Castries said, according to the slides of a presentation made available on the company's website.

The economic solvency ratio for AXA stood at about 160% on Feb 29, up from 148% at the end of 2011, he added. The level of economic solvency ratio is comfortable, he added.

Last month, AXA pledged to strengthen its balance sheet and boosts cash flow in currently difficult markets, after posting sharply higher full-year earnings at EUR4.32 billion that were nonetheless below market expectations.

-By Inti Landauro, Dow Jones Newswires; +33 1 4017 1740; inti.landauro@dowjones.com

React to this article
Latest news on AXA
09:44aDJAXA INVESTMENT MANAGERS S.A. FORM 8. : Bg Group Plc
09:25aDJAXA INVESTMENT MANAGERS S.A. FORM 8. : Royal Dutch Shell Plc
07:59a 'Brexit' would be bad for business –Lloyd's of London CEO
07:48a 'Brexit' would be bad for business – Lloyd's of London CEO
06:40a AXA PROPERTY : Continues To Wind-Down Portfolio
05/26DJAXA INVESTMENT MANAGERS S.A. FORM 8. : Bg Group Plc
05/26DJAXA INVESTMENT MANAGERS S.A. FORM 8. : Royal Dutch Shell Plc
05/22DJAXA INVESTMENT MANAGERS S.A. FORM 8. : Royal Dutch Shell Plc
05/22DJAXA INVESTMENT MANAGERS S.A. FORM 8. : Bg Group Plc
05/22 Monte Paschi signs underwriting agreement with banks for cash call
Advertisement
Chart
Duration : Period :
AXA Technical Analysis Chart | CS | FR0000120628 | 4-Traders
Income Statement Evolution
More Financials