Document:AXA/2025/FY/Earnings presentation (press): Difference between revisions

* {{t|3|}} Financial Performance

* {{t|€116€116bn|p1abw4-yxjw}}bn

* {{t|+6%|p1abw4-yutx}} vs {{t|FY24|p1abw4-ndok}}

* {{t|€8.44bn|p1abw4-oasi}}bn

* {{t|+6%|p1abw4-xtf8}} vs {{t|FY24|p1abw4-3bra}}

* {{t|+9%|p1abw4-z72l}} Excl. {{t|AXA IM|p1abw4-9cne}}

* {{t|+8%|p1abw4-dpes}} vs {{t|FY24|p1abw4-ul38}}

* {{t|+8%|p1abw4-idom}} vs {{t|FY24|p1abw4-eqyj}}

* {{t|+9pts|p1abw4-t41o}} {{t|FY25|p1abw4-f4de}}

| style="text-align:left" | {{t|€58.0bn|p1abw4-jqov}} <br/> {{t|+5%|p1abw4-pawh}} vs FY24

| style="text-align:right" | {{t|€5.9bn|p1abw4-1m4z}} <br/> {{t|+9%|p1abw4-0iy6}} vs FY24

| style="text-align:right" | {{t|90.6%|p1abw4-v9el}} <br/> vs {{t|91.0%|p1abw4-dwya}} FY24

| style="text-align:left" | {{t|€37.5bn|p1abw4-qrrm}} <br/> {{t|+9%|p1abw4-0iy6}} vs FY24

| style="text-align:right" | {{t|€2.7bn|p1abw4-j8uf}} <br/> {{t|+4%|p1abw4-z85f}} vs FY24

| style="text-align:left" | {{t|€19.0bn|p1abw4-okof}} <br/> {{t|+5%|p1abw4-bxk2}} vs FY24

| style="text-align:right" | {{t|€0.8bn|p1abw4-xr40}} <br/> {{t|+17%|p1abw4-4l05}} vs FY24

| style="text-align:right" | {{t|97.9%|p1abw4-w1gu}} <br/> vs {{t|98.1%|p1abw4-mae8}} FY24

* Beyond increased efficiency, AI will transform access to insurance, product personalization, and the customer experience; {{t|AXA|p1abw4-scha}} wants to be firmly positioned in this evolution

* More than {{t|€49€49bn|p1abw4-sp63}}bn in claims paid

* {{t|€438€438m|p1abw4-a069}}m climate related claims in France

* More than {{t|€40€40bn|p1abw4-astb}}bn invested in the economy

* {{t|€12.88bn|p1abw4-mdil}}bn{{fn ref|1|2=€12.8bn of tax and social contributions paid}} of tax and social contributions paid, of which {{t|36.7%|p1abw4-zfkw}} in France

* {{t|€7€7bn|p1abw4-n0oi}}bn total compensation paid to our employees

* {{t|€4.66bn|p1abw4-7z3z}}bn in premiums related to transition with a target of {{t|€6€6bn|p1abw4-uur8}}bn cumulated between {{t|2024|p1abw4-5fmw}} and {{t|2026|p1abw4-723n}}{{fn ref|2|2=target of €6bn cumulated between 2024 and 2026}}

* {{t|€6.44bn|p1abw4-2akx}}bn in investments to accelerate climate transition with a target of {{t|€5€5bn|p1abw4-pu7f}}bn annually{{fn ref|3|2=target of €5bn annually}}

| style="text-align:right" | {{t|€31bn|p1abw4-y899}}<br/>{{t|+6%|p1abw4-luln}}

| style="text-align:right" | {{t|€2.2bn|p1abw4-xvcn}}<br/>{{t|+7%|p1abw4-g633}}

| style="text-align:right" | {{t|€43bn|p1abw4-79dl}}<br/>{{t|+6%|p1abw4-luln}}

| style="text-align:right" | {{t|€3.5bn|p1abw4-efpj}}<br/>{{t|+9%|p1abw4-bwba}}

| style="text-align:right" | {{t|€19bn|p1abw4-kuuu}}<br/>{{t|+4%|p1abw4-7lte}}

| style="text-align:right" | {{t|€1.9bn|p1abw4-qdgj}}<br/>{{t|+9%|p1abw4-jxem}}

| style="text-align:right" | {{t|€20bn|p1abw4-2prq}}<br/>{{t|+13%|p1abw4-xzp6}}

| style="text-align:right" | {{t|€1.5bn|p1abw4-2vf0}}<br/>{{t|+6%|p1abw4-luln}}

* {{t|€58€58bn|p1abw4-2b31}}bn {{t|GWP|p1abw4-07ne}}

* {{t|UNDERLYING EARNINGS|p1abw4-un4a}} {{t|+9%|p1abw4-exy4}}{{fn ref|1|2=Underlying earnings growth}} to {{t|€5.99bn|p1abw4-j3vo}}bn

| style="text-align:left" | {{t|AXA XL|p1abw4-18nd}} (Large &amp; Specialty)

* {{t|€57€57bn|p1abw4-3iqs}}bn {{t|GWP|p1abw4-971o}}

* UNDERLYING EARNINGS {{t|+7%|p1abw4-ld81}}{{fn ref|1|2=See glossary for terminologies and footnotes on page 36 & 37 of this document.}} to {{t|€3.55bn|p1abw4-x68g}}bn

* {{t|2025|}}: Competitive advantages with innovative products integrating more prevention

* BEYOND {{t|2025|}}: Capitalizing on demand for health & protection while further improving our margins

* {{t|2025|}}: Continued strong commercial momentum, especially in Japan and Switzerland

* BEYOND {{t|2025|}}: Capitalizing on demand for health & protection while further improving our margins

* {{t|2025|}}: Accelerating net flows in Savings at attractive margins

* BEYOND {{t|2025|}}: Capturing savings & retirement opportunity, sourcing best asset management products for our customers

* Favorable pricing trends and strong growth in net new contracts ({{t|+1.77m|p1abw4-vvry}}m in {{t|FY25|p1abw4-h7vb}})

! class="col-s" style="text-align:right" | {{t|FY25|}}

! class="col-s" style="text-align:right" | {{t|FY24|}}

! class="col-s" style="text-align:right" | {{t|FY25|}}

! class="col-s" style="text-align:right" | {{t|FY25|}}

* Net Flows vs {{t|FY24|}}

* {{t|€+5.44bn|p1abw4-cocg}}bn vs {{t|€+1.55bn|p1abw4-sgh7}}bn in {{t|FY24|p1abw4-votc}}

| style="text-align:left" | - Euro {{t|2.4|p1abw4-aw5q}} billion grandfathered debt no longer eligible as capital from January {{t|1|p1abw4-1vtn}}, {{t|2026|p1abw4-zc9z}}

* {{t|&#35;1|p1abw4-g31e}} Health & Protection

* {{t|&#35;2|p1abw4-t1su}} {{t|Property & Casualty|p1abw4-8wpp}}

* {{t|&#35;7|p1abw4-z6om}} Savings & Pensions

* {{t|>8m|p1abw4-vyyf}} Retail clients{{fn ref|3|2=target of €5bn annually}}

* {{t|1|p1abw4-twwv}} out of {{t|3|p1abw4-qwel}} SMEs insured by {{t|AXA|p1abw4-alpi}} in France

* {{t|>6m|p1abw4-yfw3}} Employee Benefits beneficiaries

* {{t|1|p1abw4-dsag}} / minute commercial claims covered

* {{t|>€10bn|p1abw4-q4y4}} invested in the economy

* {{t|€37€37m|p1abw4-xvfc}}m claims paid per day on average

* {{t|€31€31bn|p1abw4-ryoe}}bn {{t|+6%|p1abw4-7pby}} vs. {{t|FY24|p1abw4-vwzt}}

* {{t|P&C|p1abw4-76we}} {{t|+7%|}}

* Savings & Pensions {{t|+7%|}}

* Additional contracts{{fn ref|1|2=See glossary for terminologies and footnotes on page 36 & 37 of this document.}} {{t|+550550k|p1abw4-xv9t}}k net

* Additional clients{{fn ref|1|2=See glossary for terminologies and footnotes on page 36 & 37 of this document.}} {{t|+250250k|p1abw4-oq7f}}k net

* Growth of individuals savings assets {{t|€+3.33bn|p1abw4-c8vs}}bn

| style="text-align:right" | {{t|+7%|p1abw4-akud}}

| style="text-align:left" | CUMULATIVE CASH REMITTANCE BETWEEN 2024 AND {{t|2026|}}{{fn ref|1|2=Cumulative cash remittance between 2024 and 2026}}

* Confident to deliver {{t|underlying EPS|p1abw4-de0k}} growth at the upper end of {{t|6%-8%|p1abw4-vkh3}} {{t|target range|p1abw4-twkx}} for {{t|2026|}}

* {{t|2025|p1abw4-bzki}} percentile: {{t|9797th|p1abw4-pynb}}th{{fn ref|1}} in Dow Jones Best-in-Class Europe & World indices

* {{t|2025|}} score: AAA

* {{t|2025|}} score: B

* {{t|2025|}} ESG Risk Rating: {{t|17.0|p1abw4-lgy1}} – Low risk

* {{t|2025|}} score: {{t|4.3/5|p1abw4-z8e0}} in {{t|FTSE4Good|p1abw4-yy7v}} Index Series

* {{t|1|}}. Change {{t|FY25|}} vs. {{t|FY24|}} at constant fx.

* {{t|2|p1abw4-vjoz}}. Includes {{t|AXA XL|p1abw4-s4u5}} Re premiums of {{t|€2.66bn|p1abw4-g38y}}bn.

* {{t|1|}}. Change {{t|FY25|}} vs {{t|FY24|}} at constant fx.

* {{t|1|}}. Estimated based on the Solvency Capital Requirement (SCR) and the amount of capital (EOF) under Solvency II as of {{t|January 1, 2026|p1abw4-fqc0}}, as if the Solvency II revision had come into force on the same date.