Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

AXA (CS)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

AXA : CEO : Estimated Solvency Ratios Rise From End 2011

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/28/2012 | 09:47am CEST

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

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AXA
03/20 Phoenix Group seeks assets in 300 billion pounds UK pensions market
03/10 AXA : Share turnover by fund managers not helping business - expert
03/09 AXA : launches AXA Global Parametrics
03/06 France's Macron wants bank capital rules set by ministers
02/24 Italian financial mega-deal off as Intesa ditches Generali plan
02/24 AXA : Resolutions submitted to AXA’s Shareholders’ Meeting of April ..
02/24 AXA : Recognized Again in 2016 by Corporate Insight Monitor Awards for Client Ma..
02/23DJAXA : 2016 Net Profit Rises 4%
02/22 AXA : recognized again in 2016 by Corporate Insight Monitor Awards for Client Ma..
02/20AXA SA : annual earnings release
More news
Sector news : Life & Health Insurance - NEC
03/28 FTSE climbs back led by miners, banks; Wolseley surges
03/28 EXCLUSIVE : Citigroup to seek bids for Asia general insurance distribution deal ..
03/28 Aviva eyes sale of Friends Provident for $500-$700 million - source
03/28DJAVIVA : U.K.'s Aviva Looks to Sell Friends Provident International for Up to $75..
03/27DJOM ASSET MANAGEMENT : China's HNA Expands U.S. Business -- WSJ
More sector news : Life & Health Insurance - NEC
News from SeekingAlpha
02/23 AXA's (AXAHF) CEO Thomas Buberl on Q4 2016 Results - Earnings Call Transcript
02/23 AXA ADR reports FY results
02/23 AXA 2016 Q4 - Results - Earnings Call Slides
02/22 AXA : The Yield Nears 5%, Start Nibbling
01/24 Generali Woes Defy Easy M&A Solution
Advertisement
Financials (€)
Sales 2017 101 826 M
EBIT 2017 8 047 M
Net income 2017 5 882 M
Debt 2017 -
Yield 2017 5,05%
P/E ratio 2017 10,09
P/E ratio 2018 9,61
Capi. / Sales 2017 0,56x
Capi. / Sales 2018 0,53x
Capitalization 57 493 M
More Financials
Chart AXA
Duration : Period :
AXA Technical Analysis Chart | CS | FR0000120628 | 4-Traders
Full-screen chart
Technical analysis trends AXA
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 25,4 €
Spread / Average Target 7,2%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Thomas Buberl Chief Executive Officer & Director
Denis Pierre Marie Duverne Non-Executive Chairman
Véronique Denise Lebey Weill Group COO & Chief Customer Officer
Gérald Harlin Group Chief Financial Officer
François Martineau Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
AXA-1.17%62 460
METLIFE INC-4.08%56 200
PRUDENTIAL PLC4.52%55 135
PRUDENTIAL FINANCIAL I..0.42%44 974
MANULIFE FINANCIAL COR..-2.35%34 521
AFLAC INCORPORATED3.22%28 821
More Results