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Line 3,863: Line 3,863:
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Latest revision as of 01:06, 3 August 2026

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308
113.1
text"or"
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325.3
113.1
text"any"
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c
362.1
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text"variations"
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valuenull
c
395.1
113.1
text"or"
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c
420.1
113.1
text"similar"
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c
470.7
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text"terminology"
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509.2
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text"of"
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530.7
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text"these"
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c
562.7
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text"words"
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valuenull
c
590.5
113.1
text"and"
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valuenull
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634
113.1
text"expressions,"
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673.2
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text"or"
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c
710.1
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text"conditional"
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valuenull
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755.2
113.1
text"verbs"
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c
783.4
113.1
text"such"
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valuenull
c
804.9
113.1
text"as,"
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valuenull
c
834.4
113.1
text"without"
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valuenull
c
885.2
113.1
text"limitations,"
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c
64.2
127.5
text"“would”"
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c
98.7
127.5
text"and"
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133.1
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text"“could”."
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valuenull
c
162.7
127.5
text"In"
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c
197.5
127.5
text"particular,"
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valuenull
c
235.8
127.5
text"the"
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valuenull
c
276.6
127.5
text"statements"
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valuenull
c
313.8
127.5
text"in"
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c
331.9
127.5
text"this"
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valuenull
c
377.4
127.5
text"presentation"
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438
127.5
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c
489.4
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text"expected"
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valuenull
c
543.8
127.5
text"underlying"
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c
596.5
127.5
text"earnings"
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valuenull
c
630.7
127.5
text"per"
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valuenull
c
656.9
127.5
text"share"
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valuenull
c
697.3
127.5
text"(“UEPS”)"
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valuenull
c
741.6
127.5
text"growth"
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valuenull
c
770.5
127.5
text"for"
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anchor
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value2026
c
795.2
127.5
text"2026"
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anchor
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valuenull
c
820.8
127.5
text"are"
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anchor
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valuenull
c
873.5
127.5
text"forward-looking"
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valuenull
c
71.8
141.9
text"statements"
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c
108.1
141.9
text"to"
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valuenull
c
135.3
141.9
text"provide"
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valuenull
c
175.6
141.9
text"one-off"
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valuenull
c
219.5
141.9
text"guidance"
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valuenull
c
250.3
141.9
text"in"
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valuenull
c
266.1
141.9
text"the"
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valuenull
c
296.2
141.9
text"context"
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valuenull
c
323.1
141.9
text"of"
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c
339.1
141.9
text"the"
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valuenull
c
359.1
141.9
text"last"
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valuenull
c
381.8
141.9
text"year"
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valuenull
c
400.4
141.9
text"of"
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valuenull
c
416.4
141.9
text"the"
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anchor
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valuenull
c
447
141.9
text"Group’s"
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valuenull
c
487.8
141.9
text"current"
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valuenull
c
530.8
141.9
text"strategic"
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valuenull
c
568.1
141.9
text"plan."
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valuenull
c
598.4
141.9
text"These"
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valuenull
c
644.5
141.9
text"statements"
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anchor
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valuenull
c
685.1
141.9
text"and"
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anchor
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valuenull
c
705.9
141.9
text"the"
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anchor
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valuenull
c
730.5
141.9
text"other"
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anchor
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valuenull
c
764.3
141.9
text"targets"
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valuenull
c
794.3
141.9
text"and"
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valuenull
c
839
141.9
text"expectations"
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valuenull
c
887.7
141.9
text"given"
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valuenull
c
908.8
141.9
text"in"
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valuenull
c
52.7
156.4
text"this"
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valuenull
c
97.2
156.4
text"presentation"
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valuenull
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140.4
156.4
text"are"
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valuenull
c
166.7
156.4
text"based"
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anchor
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valuenull
c
191.4
156.4
text"on"
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valuenull
c
237.9
156.4
text"Management’s"
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valuenull
c
296.3
156.4
text"current"
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valuenull
c
331.9
156.4
text"views"
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valuenull
c
358.5
156.4
text"and"
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valuenull
c
396.9
156.4
text"intentions"
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valuenull
c
435.1
156.4
text"and"
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valuenull
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455.8
156.4
text"are"
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valuenull
c
485.2
156.4
text"subject"
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511.8
156.4
text"to"
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539.7
156.4
text"change."
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valuenull
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579.2
156.4
text"Undue"
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valuenull
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619
156.4
text"reliance"
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659.3
156.4
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687.9
156.4
text"not"
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705.8
156.4
text"be"
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731.9
156.4
text"placed"
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758.3
156.4
text"on"
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text"such"
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822.6
156.4
text"statements"
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876.2
156.4
text"because,"
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907.6
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text"by"
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55.2
170.7
text"their"
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88.1
170.7
text"nature,"
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120.1
170.7
text"they"
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142.1
170.7
text"are"
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171.4
170.7
text"subject"
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198
170.7
text"to"
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valuenull
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223.2
170.7
text"known"
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valuenull
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253
170.7
text"and"
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valuenull
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289.1
170.7
text"unknown"
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valuenull
c
327.3
170.7
text"risks"
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valuenull
c
351.5
170.7
text"and"
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valuenull
c
398.7
170.7
text"uncertainties,"
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450.4
170.7
text"many"
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472.4
170.7
text"of"
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valuenull
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495.3
170.7
text"which"
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valuenull
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521.3
170.7
text"are"
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551.1
170.7
text"outside"
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valuenull
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586.5
170.7
text"AXA’s"
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622.6
170.7
text"control,"
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valuenull
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654.6
170.7
text"and"
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valuenull
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676.2
170.7
text"can"
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valuenull
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694.5
170.7
text"be"
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724.3
170.7
text"affected"
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754
170.7
text"by"
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776.5
170.7
text"other"
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valuenull
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810.3
170.7
text"factors"
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valuenull
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840.8
170.7
text"that"
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867.9
170.7
text"could"
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valuenull
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899.3
170.7
text"cause"
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valuenull
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57
185.1
text"AXA’s"
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valuenull
c
89.3
185.1
text"actual"
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valuenull
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124.8
185.1
text"results"
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valuenull
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150.2
185.1
text"to"
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valuenull
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171.9
185.1
text"differ"
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valuenull
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213.9
185.1
text"materially"
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254.6
185.1
text"from"
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283.9
185.1
text"those"
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326.5
185.1
text"expressed"
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361.4
185.1
text"in,"
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376.4
185.1
text"or"
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403.9
185.1
text"implied"
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431.6
185.1
text"or"
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464.4
185.1
text"projected"
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499.4
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text"by,"
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valuenull
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522
185.1
text"such"
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577.3
185.1
text"forward-looking"
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650.8
185.1
text"statements."
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700.2
185.1
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731.8
185.1
text"refer"
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752.1
185.1
text"to"
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771
185.1
text"Part"
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value5
c
787.8
185.1
text"5"
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c
813.8
185.1
text"“Risk"
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valuenull
c
848.8
185.1
text"Factors"
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valuenull
c
880.1
185.1
text"and"
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valuenull
c
903.2
185.1
text"Risk"
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valuenull
c
78.9
199.6
text"Management”"
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valuenull
c
123.4
199.6
text"of"
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valuenull
c
145.8
199.6
text"AXA’s"
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c
186.9
199.6
text"Universal"
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valuenull
c
244.9
199.6
text"Registration"
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valuenull
c
305.6
199.6
text"Document"
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342.8
199.6
text"for"
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valuenull
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362
199.6
text"the"
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valuenull
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385
199.6
text"year"
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valuenull
c
415.6
199.6
text"ended"
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c
461.3
199.6
text"December"
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value31
c
498.5
199.6
text"31"
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value2024
c
521.8
199.6
text"2024"
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valuenull
c
547.8
199.6
text"(the"
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valuenull
c
576.2
199.6
text"“2024"
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c
618.3
199.6
text"Universal"
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valuenull
c
676.3
199.6
text"Registration"
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741.4
199.6
text"Document”)"
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782.8
199.6
text"for"
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796.8
199.6
text"a"
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832.2
199.6
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869.7
199.6
text"of"
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896.1
199.6
text"certain"
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valuenull
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68.8
213.9
text"important"
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valuenull
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117
213.9
text"factors,"
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valuenull
c
151.1
213.9
text"risks"
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valuenull
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176
213.9
text"and"
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valuenull
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222.7
213.9
text"uncertainties"
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valuenull
c
269.9
213.9
text"that"
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valuenull
c
294.7
213.9
text"may"
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valuenull
c
323.6
213.9
text"affect"
id"p1abw4-w357"
anchor
page2
valuenull
c
355.2
213.9
text"AXA’s"
id"p1abw4-7fuy"
anchor
page2
valuenull
c
394.5
213.9
text"business"
id"p1abw4-rqmm"
anchor
page2
valuenull
c
437.2
213.9
text"and/or"
id"p1abw4-gat5"
anchor
page2
valuenull
c
474.9
213.9
text"results"
id"p1abw4-1ac3"
anchor
page2
valuenull
c
500.6
213.9
text"of"
id"p1abw4-nuas"
anchor
page2
valuenull
c
538
213.9
text"operations."
id"p1abw4-kto5"
anchor
page2
valuenull
c
580
213.9
text"AXA"
id"p1abw4-gfym"
anchor
page2
valuenull
c
621.2
213.9
text"specifically"
id"p1abw4-yt3o"
anchor
page2
valuenull
c
676.5
213.9
text"disclaims"
id"p1abw4-mpky"
anchor
page2
valuenull
c
713.5
213.9
text"and"
id"p1abw4-ez6j"
anchor
page2
valuenull
c
755.4
213.9
text"undertakes"
id"p1abw4-o9j3"
anchor
page2
valuenull
c
794.2
213.9
text"no"
id"p1abw4-w3xb"
anchor
page2
valuenull
c
830.1
213.9
text"obligation"
id"p1abw4-5q66"
anchor
page2
valuenull
c
864.8
213.9
text"to"
id"p1abw4-dlee"
anchor
page2
valuenull
c
893.8
213.9
text"publicly"
id"p1abw4-owqf"
anchor
page2
valuenull
c
61.3
228.4
text"update"
id"p1abw4-9fkv"
anchor
page2
valuenull
c
87.5
228.4
text"or"
id"p1abw4-ba5u"
anchor
page2
valuenull
c
110.5
228.4
text"revise"
id"p1abw4-vmen"
anchor
page2
valuenull
c
137.4
228.4
text"any"
id"p1abw4-frvg"
anchor
page2
valuenull
c
154.5
228.4
text"of"
id"p1abw4-irby"
anchor
page2
valuenull
c
175.9
228.4
text"these"
id"p1abw4-u692"
anchor
page2
valuenull
c
233.2
228.4
text"forward-looking"
id"p1abw4-i9bo"
anchor
page2
valuenull
c
306.2
228.4
text"statements,"
id"p1abw4-qf42"
anchor
page2
valuenull
c
359.9
228.4
text"whether"
id"p1abw4-e0ww"
anchor
page2
valuenull
c
388.9
228.4
text"to"
id"p1abw4-eqbx"
anchor
page2
valuenull
c
413
228.4
text"reflect"
id"p1abw4-c8s9"
anchor
page2
valuenull
c
442.6
228.4
text"new"
id"p1abw4-kvqt"
anchor
page2
valuenull
c
487.5
228.4
text"information,"
id"p1abw4-ecmc"
anchor
page2
valuenull
c
537.2
228.4
text"future"
id"p1abw4-gdbs"
anchor
page2
valuenull
c
572.1
228.4
text"events"
id"p1abw4-dt4t"
anchor
page2
valuenull
c
596.9
228.4
text"or"
id"p1abw4-brk2"
anchor
page2
valuenull
c
641.5
228.4
text"circumstances"
id"p1abw4-tbgd"
anchor
page2
valuenull
c
686.1
228.4
text"or"
id"p1abw4-op7k"
anchor
page2
valuenull
c
720.6
228.4
text"otherwise,"
id"p1abw4-qpbv"
anchor
page2
valuenull
c
766.6
228.4
text"except"
id"p1abw4-5p1i"
anchor
page2
valuenull
c
791.8
228.4
text"as"
id"p1abw4-gjry"
anchor
page2
valuenull
c
821.7
228.4
text"required"
id"p1abw4-ci5s"
anchor
page2
valuenull
c
852.3
228.4
text"by"
id"p1abw4-r7kt"
anchor
page2
valuenull
c
887.5
228.4
text"applicable"
id"p1abw4-xsp3"
anchor
page2
valuenull
c
54.8
242.8
text"laws"
id"p1abw4-s9md"
anchor
page2
valuenull
c
78
242.8
text"and"
id"p1abw4-qk2b"
anchor
page2
valuenull
c
120.1
242.8
text"regulations."
id"p1abw4-3qmw"
anchor
page2
valuenull
c
48.2
257.2
text"In"
id"p1abw4-wnm3"
anchor
page2
valuenull
c
80.6
257.2
text"addition,"
id"p1abw4-no2v"
anchor
page2
valuenull
c
117.3
257.2
text"this"
id"p1abw4-i47c"
anchor
page2
valuenull
c
144.8
257.2
text"press"
id"p1abw4-3le8"
anchor
page2
valuenull
c
181
257.2
text"release"
id"p1abw4-mmsn"
anchor
page2
valuenull
c
218.2
257.2
text"refers"
id"p1abw4-75g5"
anchor
page2
valuenull
c
242.8
257.2
text"to"
id"p1abw4-epsf"
anchor
page2
valuenull
c
270.3
257.2
text"certain"
id"p1abw4-jbzt"
anchor
page2
valuenull
c
317.9
257.2
text"non-GAAP"
id"p1abw4-px4e"
anchor
page2
valuenull
c
369.7
257.2
text"financial"
id"p1abw4-xvhm"
anchor
page2
valuenull
c
422
257.2
text"measures,"
id"p1abw4-8x5k"
anchor
page2
valuenull
c
458
257.2
text"or"
id"p1abw4-ilrg"
anchor
page2
valuenull
c
495.1
257.2
text"alternative"
id"p1abw4-eyk6"
anchor
page2
valuenull
c
559.7
257.2
text"performance"
id"p1abw4-xfqs"
anchor
page2
valuenull
c
621.3
257.2
text"measures"
id"p1abw4-yuyz"
anchor
page2
valuenull
c
674.2
257.2
text"(“APMs”),"
id"p1abw4-725p"
anchor
page2
valuenull
c
714.8
257.2
text"used"
id"p1abw4-yetu"
anchor
page2
valuenull
c
737.8
257.2
text"by"
id"p1abw4-1hdu"
anchor
page2
valuenull
c
781.6
257.2
text"Management"
id"p1abw4-t5h4"
anchor
page2
valuenull
c
824.1
257.2
text"in"
id"p1abw4-2sqd"
anchor
page2
valuenull
c
857.8
257.2
text"analyzing"
id"p1abw4-imp1"
anchor
page2
valuenull
c
900.2
257.2
text"AXA’s"
id"p1abw4-d7z6"
anchor
page2
valuenull
c
67.9
271.6
text"operating"
id"p1abw4-ao6u"
anchor
page2
valuenull
c
114.3
271.6
text"trends,"
id"p1abw4-2asd"
anchor
page2
valuenull
c
157.9
271.6
text"financial"
id"p1abw4-mxqu"
anchor
page2
valuenull
c
216.2
271.6
text"performance"
id"p1abw4-udtw"
anchor
page2
valuenull
c
262.8
271.6
text"and"
id"p1abw4-b9s0"
anchor
page2
valuenull
c
298.2
271.6
text"financial"
id"p1abw4-n6sh"
anchor
page2
valuenull
c
344.7
271.6
text"position"
id"p1abw4-i2e1"
anchor
page2
valuenull
c
379.3
271.6
text"and"
id"p1abw4-1yts"
anchor
page2
valuenull
c
417.2
271.6
text"providing"
id"p1abw4-1zsf"
anchor
page2
valuenull
c
468.6
271.6
text"investors"
id"p1abw4-szpd"
anchor
page2
valuenull
c
506.9
271.6
text"with"
id"p1abw4-j7ke"
anchor
page2
valuenull
c
547.8
271.6
text"additional"
id"p1abw4-73nv"
anchor
page2
valuenull
c
607.8
271.6
text"information"
id"p1abw4-kcyt"
anchor
page2
valuenull
c
652.2
271.6
text"that"
id"p1abw4-se1p"
anchor
page2
valuenull
c
699.7
271.6
text"Management"
id"p1abw4-9gpx"
anchor
page2
valuenull
c
757.7
271.6
text"believes"
id"p1abw4-bcu3"
anchor
page2
valuenull
c
787.7
271.6
text"to"
id"p1abw4-sjpo"
anchor
page2
valuenull
c
803.6
271.6
text"be"
id"p1abw4-qs9f"
anchor
page2
valuenull
c
829.5
271.6
text"useful"
id"p1abw4-x684"
anchor
page2
valuenull
c
858.6
271.6
text"and"
id"p1abw4-leby"
anchor
page2
valuenull
c
893.1
271.6
text"relevant"
id"p1abw4-d61s"
anchor
page2
valuenull
c
67.7
286
text"regarding"
id"p1abw4-b5ea"
anchor
page2
valuenull
c
109
286
text"AXA’s"
id"p1abw4-s164"
anchor
page2
valuenull
c
144.3
286
text"results."
id"p1abw4-nyva"
anchor
page2
valuenull
c
180.9
286
text"These"
id"p1abw4-gxug"
anchor
page2
valuenull
c
224.7
286
text"non-GAAP"
id"p1abw4-07mo"
anchor
page2
valuenull
c
274.9
286
text"financial"
id"p1abw4-ccrw"
anchor
page2
valuenull
c
324.4
286
text"measures"
id"p1abw4-ubom"
anchor
page2
valuenull
c
375.2
286
text"generally"
id"p1abw4-7ajc"
anchor
page2
valuenull
c
413.9
286
text"have"
id"p1abw4-2js2"
anchor
page2
valuenull
c
436.1
286
text"no"
id"p1abw4-kfl7"
anchor
page2
valuenull
c
478.9
286
text"standardized"
id"p1abw4-sysw"
anchor
page2
valuenull
c
537.3
286
text"meaning"
id"p1abw4-dl6o"
anchor
page2
valuenull
c
572.4
286
text"and"
id"p1abw4-llqz"
anchor
page2
valuenull
c
608.9
286
text"therefore"
id"p1abw4-94wr"
anchor
page2
valuenull
c
646.5
286
text"may"
id"p1abw4-hu8m"
anchor
page2
valuenull
c
669.5
286
text"not"
id"p1abw4-rbnm"
anchor
page2
valuenull
c
687.8
286
text"be"
id"p1abw4-btvn"
anchor
page2
valuenull
c
727.7
286
text"comparable"
id"p1abw4-xx3r"
anchor
page2
valuenull
c
766.6
286
text"to"
id"p1abw4-twni"
anchor
page2
valuenull
c
796.6
286
text"similarly"
id"p1abw4-bm0v"
anchor
page2
valuenull
c
841.5
286
text"labelled"
id"p1abw4-jz30"
anchor
page2
valuenull
c
889.5
286
text"measures"
id"p1abw4-b984"
anchor
page2
valuenull
c
55.5
300.4
text"used"
id"p1abw4-yo06"
anchor
page2
valuenull
c
77.3
300.4
text"by"
id"p1abw4-f0hp"
anchor
page2
valuenull
c
100.7
300.4
text"other"
id"p1abw4-ktfz"
anchor
page2
valuenull
c
146.9
300.4
text"companies."
id"p1abw4-z98x"
anchor
page2
valuenull
c
185.3
300.4
text"As"
id"p1abw4-wipt"
anchor
page2
valuenull
c
197.8
300.4
text"a"
id"p1abw4-peo7"
anchor
page2
valuenull
c
220.2
300.4
text"result,"
id"p1abw4-pv8j"
anchor
page2
valuenull
c
252.5
300.4
text"none"
id"p1abw4-5dr0"
anchor
page2
valuenull
c
274
300.4
text"of"
id"p1abw4-teyp"
anchor
page2
valuenull
c
296.4
300.4
text"these"
id"p1abw4-q23v"
anchor
page2
valuenull
c
339.1
300.4
text"non-GAAP"
id"p1abw4-oo5v"
anchor
page2
valuenull
c
389.6
300.4
text"financial"
id"p1abw4-xvea"
anchor
page2
valuenull
c
439.2
300.4
text"measures"
id"p1abw4-cp55"
anchor
page2
valuenull
c
484.2
300.4
text"should"
id"p1abw4-nyoo"
anchor
page2
valuenull
c
511.2
300.4
text"be"
id"p1abw4-2qvy"
anchor
page2
valuenull
c
549
300.4
text"considered"
id"p1abw4-g4cd"
anchor
page2
valuenull
c
585.6
300.4
text"in"
id"p1abw4-1s45"
anchor
page2
valuenull
c
615.8
300.4
text"isolation"
id"p1abw4-9h3q"
anchor
page2
valuenull
c
654.8
300.4
text"from,"
id"p1abw4-wspx"
anchor
page2
valuenull
c
677.2
300.4
text"or"
id"p1abw4-f9wr"
anchor
page2
valuenull
c
691.7
300.4
text"as"
id"p1abw4-uwur"
anchor
page2
valuenull
c
703.8
300.4
text"a"
id"p1abw4-p5oo"
anchor
page2
valuenull
c
735.8
300.4
text"substitute"
id"p1abw4-r79a"
anchor
page2
valuenull
c
773.2
300.4
text"for,"
id"p1abw4-5vxy"
anchor
page2
valuenull
c
793.7
300.4
text"the"
id"p1abw4-8z8f"
anchor
page2
valuenull
c
825.2
300.4
text"Group’s"
id"p1abw4-tzgg"
anchor
page2
valuenull
c
881.1
300.4
text"consolidated"
id"p1abw4-d2jf"
anchor
page2
valuenull
c
65
314.8
text"financial"
id"p1abw4-g2nv"
anchor
page2
valuenull
c
119.1
314.8
text"statements"
id"p1abw4-fiwu"
anchor
page2
valuenull
c
161
314.8
text"and"
id"p1abw4-keq7"
anchor
page2
valuenull
c
192.6
314.8
text"related"
id"p1abw4-kh0i"
anchor
page2
valuenull
c
228.6
314.8
text"notes"
id"p1abw4-oc81"
anchor
page2
valuenull
c
269.6
314.8
text"prepared"
id"p1abw4-411z"
anchor
page2
valuenull
c
301.6
314.8
text"in"
id"p1abw4-g8is"
anchor
page2
valuenull
c
339.6
314.8
text"accordance"
id"p1abw4-j8pi"
anchor
page2
valuenull
c
383.9
314.8
text"with"
id"p1abw4-1uzu"
anchor
page2
valuenull
c
411.5
314.8
text"IFRS."
id"p1abw4-7b00"
anchor
page2
valuenull
c
458.4
314.8
text"“Underlying"
id"p1abw4-kmrw"
anchor
page2
valuenull
c
518.5
314.8
text"earnings”,"
id"p1abw4-x9g9"
anchor
page2
valuenull
c
561.9
314.8
text"UEPS"
id"p1abw4-dxpa"
anchor
page2
valuenull
c
611
314.8
text"(“underlying"
id"p1abw4-zteq"
anchor
page2
valuenull
c
668
314.8
text"earnings"
id"p1abw4-9om2"
anchor
page2
valuenull
c
702.2
314.8
text"per"
id"p1abw4-nen7"
anchor
page2
valuenull
c
734.3
314.8
text"share”),"
id"p1abw4-etc1"
anchor
page2
valuenull
c
787.5
314.8
text"“underlying"
id"p1abw4-wypl"
anchor
page2
valuenull
c
836.9
314.8
text"return"
id"p1abw4-zisn"
anchor
page2
valuenull
c
863.2
314.8
text"on"
id"p1abw4-o2a0"
anchor
page2
valuenull
c
893.7
314.8
text"equity”,"
id"p1abw4-6w9q"
anchor
page2
valuenull
c
71.3
329.1
text"“combined"
id"p1abw4-ir07"
anchor
page2
valuenull
c
116.6
329.1
text"ratio”"
id"p1abw4-9a4m"
anchor
page2
valuenull
c
143.4
329.1
text"and"
id"p1abw4-ox0a"
anchor
page2
valuenull
c
169.9
329.1
text"“debt"
id"p1abw4-7aev"
anchor
page2
valuenull
c
208.3
329.1
text"gearing”"
id"p1abw4-5qwr"
anchor
page2
valuenull
c
240.6
329.1
text"are"
id"p1abw4-u0ta"
anchor
page2
valuenull
c
264.9
329.1
text"APMs"
id"p1abw4-s6yl"
anchor
page2
valuenull
c
286.6
329.1
text"as"
id"p1abw4-aaz1"
anchor
page2
valuenull
c
314
329.1
text"defined"
id"p1abw4-kam0"
anchor
page2
valuenull
c
340.8
329.1
text"in"
id"p1abw4-k7sn"
anchor
page2
valuenull
c
366.3
329.1
text"ESMA’s"
id"p1abw4-dj2r"
anchor
page2
valuenull
c
413
329.1
text"guidelines"
id"p1abw4-1pdo"
anchor
page2
valuenull
c
451.2
329.1
text"and"
id"p1abw4-tjjh"
anchor
page2
valuenull
c
471.9
329.1
text"the"
id"p1abw4-ynb8"
anchor
page2
valuenull
c
497.4
329.1
text"AMF’s"
id"p1abw4-5fcz"
anchor
page2
valuenull
c
532.6
329.1
text"related"
id"p1abw4-xcqf"
anchor
page2
valuenull
c
573.8
329.1
text"position"
id"p1abw4-m5ry"
anchor
page2
valuenull
c
623
329.1
text"statement"
id"p1abw4-wfzx"
anchor
page2
valuenull
c
667.7
329.1
text"issued"
id"p1abw4-f7vo"
anchor
page2
valuenull
c
691.3
329.1
text"in"
id"p1abw4-eus0"
anchor
page2
value2015
c
712.4
329.1
text"2015"
id"p1abw4-s2eq"
anchor
page2
valuenull
c
738.2
329.1
text"AXA"
id"p1abw4-lrq5"
anchor
page2
valuenull
c
772.2
329.1
text"provides"
id"p1abw4-ztsv"
anchor
page2
valuenull
c
799.8
329.1
text"a"
id"p1abw4-x2z2"
anchor
page2
valuenull
c
840.1
329.1
text"reconciliation"
id"p1abw4-dbeo"
anchor
page2
valuenull
c
882.6
329.1
text"of"
id"p1abw4-0taw"
anchor
page2
valuenull
c
902.1
329.1
text"such"
id"p1abw4-bsuh"
anchor
page2
valuenull
c
57
343.6
text"APMs"
id"p1abw4-havf"
anchor
page2
valuenull
c
78.1
343.6
text"to"
id"p1abw4-1jwa"
anchor
page2
valuenull
c
94
343.6
text"the"
id"p1abw4-b2e8"
anchor
page2
valuenull
c
117.4
343.6
text"most"
id"p1abw4-twla"
anchor
page2
valuenull
c
149.8
343.6
text"closely"
id"p1abw4-zj55"
anchor
page2
valuenull
c
187.4
343.6
text"related"
id"p1abw4-pdj3"
anchor
page2
valuenull
c
217
343.6
text"line"
id"p1abw4-2kj8"
anchor
page2
valuenull
c
241.8
343.6
text"item,"
id"p1abw4-1fwz"
anchor
page2
valuenull
c
279.5
343.6
text"subtotal,"
id"p1abw4-inj6"
anchor
page2
valuenull
c
309.5
343.6
text"or"
id"p1abw4-c0td"
anchor
page2
valuenull
c
328.9
343.6
text"total"
id"p1abw4-wykf"
anchor
page2
valuenull
c
347.9
343.6
text"in"
id"p1abw4-j1hb"
anchor
page2
valuenull
c
363.4
343.6
text"the"
id"p1abw4-e5n7"
anchor
page2
valuenull
c
395.6
343.6
text"financial"
id"p1abw4-wqbb"
anchor
page2
valuenull
c
448
343.6
text"statements"
id"p1abw4-4jt0"
anchor
page2
valuenull
c
483.8
343.6
text"of"
id"p1abw4-3cit"
anchor
page2
valuenull
c
499.3
343.6
text"the"
id"p1abw4-6hkt"
anchor
page2
valuenull
c
546.6
343.6
text"corresponding"
id"p1abw4-17nw"
anchor
page2
valuenull
c
602.1
343.6
text"period"
id"p1abw4-zj1o"
anchor
page2
valuenull
c
639.9
343.6
text"(and/or"
id"p1abw4-c141"
anchor
page2
valuenull
c
673
343.6
text"their"
id"p1abw4-s4gn"
anchor
page2
valuenull
c
715
343.6
text"calculation"
id"p1abw4-nz93"
anchor
page2
valuenull
c
780.4
343.6
text"methodology,"
id"p1abw4-yl9d"
anchor
page2
valuenull
c
823.3
343.6
text"as"
id"p1abw4-m36y"
anchor
page2
valuenull
c
859.3
343.6
text"applicable)"
id"p1abw4-jzdv"
anchor
page2
valuenull
c
894.4
343.6
text"in"
id"p1abw4-aa8a"
anchor
page2
valuenull
c
907.7
343.6
text"its"
id"p1abw4-2m82"
anchor
page2
valuenull
c
62
358
text"Activity"
id"p1abw4-egdz"
anchor
page2
valuenull
c
101.7
358
text"Report"
id"p1abw4-jrcw"
anchor
page2
valuenull
c
128.2
358
text"as"
id"p1abw4-ro2m"
anchor
page2
valuenull
c
142.6
358
text"of"
id"p1abw4-ynf7"
anchor
page2
valuenull
c
177.2
358
text"December"
id"p1abw4-b2ms"
anchor
page2
value31
c
214.4
358
text"31"
id"p1abw4-aiea"
anchor
page2
value2025
c
237.9
358
text"2025"
id"p1abw4-ehhv"
anchor
page2
valuenull
c
271.7
358
text"(“AXA’s"
id"p1abw4-d4zu"
anchor
page2
value2025
c
305.6
358
text"2025"
id"p1abw4-hzx0"
anchor
page2
valuenull
c
340.1
358
text"Activity"
id"p1abw4-7hi3"
anchor
page2
valuenull
c
385.5
358
text"Report”),"
id"p1abw4-u3uk"
anchor
page2
valuenull
c
418.9
358
text"on"
id"p1abw4-n5am"
anchor
page2
valuenull
c
437.8
358
text"the"
id"p1abw4-5clp"
anchor
page2
valuenull
c
464.7
358
text"pages"
id"p1abw4-daaq"
anchor
page2
valuenull
c
507.1
358
text"indicated"
id"p1abw4-fdfa"
anchor
page2
valuenull
c
549.6
358
text"under"
id"p1abw4-mkcm"
anchor
page2
valuenull
c
576.7
358
text"the"
id"p1abw4-nivj"
anchor
page2
valuenull
c
609.2
358
text"heading"
id"p1abw4-3vj8"
anchor
page2
valuenull
c
646.2
358
text"“USE"
id"p1abw4-lzdh"
anchor
page2
valuenull
c
670
358
text"OF"
id"p1abw4-p3t7"
anchor
page2
valuenull
c
708
358
text"NON-GAAP"
id"p1abw4-onm9"
anchor
page2
valuenull
c
750
358
text"AND"
id"p1abw4-gkwt"
anchor
page2
valuenull
c
798.6
358
text"ALTERNATIVE"
id"p1abw4-61cu"
anchor
page2
valuenull
c
875.2
358
text"PERFORMANCE"
id"p1abw4-03jm"
anchor
page2
valuenull
c
75.2
372.4
text"MEASURES”."
id"p1abw4-lz3c"
anchor
page2
valuenull
c
117.5
372.4
text"For"
id"p1abw4-lny5"
anchor
page2
valuenull
c
145.6
372.4
text"further"
id"p1abw4-whcy"
anchor
page2
valuenull
c
195.2
372.4
text"information"
id"p1abw4-p6yr"
anchor
page2
valuenull
c
234.1
372.4
text"on"
id"p1abw4-k6me"
anchor
page2
valuenull
c
251.4
372.4
text"the"
id"p1abw4-gcx0"
anchor
page2
valuenull
c
307
372.4
text"above-mentioned"
id"p1abw4-hk1c"
anchor
page2
valuenull
c
364
372.4
text"and"
id"p1abw4-2rup"
anchor
page2
valuenull
c
389.6
372.4
text"other"
id"p1abw4-mh2c"
anchor
page2
valuenull
c
430.8
372.4
text"non-GAAP"
id"p1abw4-6xv9"
anchor
page2
valuenull
c
480.1
372.4
text"financial"
id"p1abw4-wk3l"
anchor
page2
valuenull
c
528.5
372.4
text"measures"
id"p1abw4-clcy"
anchor
page2
valuenull
c
567.4
372.4
text"used"
id"p1abw4-pm4e"
anchor
page2
valuenull
c
586.6
372.4
text"in"
id"p1abw4-sxuu"
anchor
page2
valuenull
c
603.1
372.4
text"this"
id"p1abw4-rm06"
anchor
page2
valuenull
c
628.2
372.4
text"press"
id"p1abw4-9eb9"
anchor
page2
valuenull
c
663.5
372.4
text"release,"
id"p1abw4-2xmh"
anchor
page2
valuenull
c
694
372.4
text"see"
id"p1abw4-cmno"
anchor
page2
valuenull
c
713.1
372.4
text"the"
id"p1abw4-pff8"
anchor
page2
valuenull
c
745.1
372.4
text"Glossary"
id"p1abw4-px0q"
anchor
page2
valuenull
c
773.5
372.4
text"in"
id"p1abw4-hwk6"
anchor
page2
valuenull
c
794.2
372.4
text"AXA’s"
id"p1abw4-qzhz"
anchor
page2
value2025
c
822.2
372.4
text"2025"
id"p1abw4-0jvr"
anchor
page2
valuenull
c
855.4
372.4
text"Activity"
id"p1abw4-t32r"
anchor
page2
valuenull
c
895
372.4
text"Report."
id"p1abw4-of1q"
anchor
page2
valuenull
c
57
386.8
text"AXA’s"
id"p1abw4-wx8c"
anchor
page2
value2025
c
84.9
386.8
text"2025"
id"p1abw4-yidf"
anchor
page2
valuenull
c
118
386.8
text"Activity"
id"p1abw4-p6cj"
anchor
page2
valuenull
c
156.1
386.8
text"Report"
id"p1abw4-pr65"
anchor
page2
valuenull
c
179.4
386.8
text"is"
id"p1abw4-35gf"
anchor
page2
valuenull
c
208.4
386.8
text"available"
id"p1abw4-ozhb"
anchor
page2
valuenull
c
239.9
386.8
text"on"
id"p1abw4-0qrs"
anchor
page2
valuenull
c
257.2
386.8
text"the"
id"p1abw4-r2ah"
anchor
page2
valuenull
c
277.4
386.8
text"AXA"
id"p1abw4-x7ry"
anchor
page2
valuenull
c
304.9
386.8
text"Group"
id"p1abw4-m7lh"
anchor
page2
valuenull
c
342.5
386.8
text"website"
id"p1abw4-1nz0"
anchor
page2
valuenull
c
405.1
386.8
text"(www.axa.com)."
id"p1abw4-03w9"
anchor
page2
valuenull
c
58.1
413.8
text"AXA’s"
id"p1abw4-vgeo"
anchor
page2
valuenull
c
109.8
413.8
text"consolidated"
id"p1abw4-rc57"
anchor
page2
valuenull
c
169.5
413.8
text"financial"
id"p1abw4-qcg3"
anchor
page2
valuenull
c
225.1
413.8
text"statements"
id"p1abw4-wnlb"
anchor
page2
valuenull
c
265.8
413.8
text"for"
id"p1abw4-79c1"
anchor
page2
valuenull
c
284.5
413.8
text"the"
id"p1abw4-sppy"
anchor
page2
valuenull
c
307.7
413.8
text"year"
id"p1abw4-8ug5"
anchor
page2
valuenull
c
338.4
413.8
text"ended"
id"p1abw4-1do5"
anchor
page2
valuenull
c
384.4
413.8
text"December"
id"p1abw4-vth7"
anchor
page2
value31
c
421.8
413.8
text"31"
id"p1abw4-mmpy"
anchor
page2
value2025
c
445.1
413.8
text"2025"
id"p1abw4-l951"
anchor
page2
valuenull
c
473.6
413.8
text"were"
id"p1abw4-5f7x"
anchor
page2
valuenull
c
515.4
413.8
text"examined"
id"p1abw4-155h"
anchor
page2
valuenull
c
550.3
413.8
text"by"
id"p1abw4-xo3y"
anchor
page2
valuenull
c
568.1
413.8
text"the"
id"p1abw4-dmx0"
anchor
page2
valuenull
c
595.5
413.8
text"Board"
id"p1abw4-nscc"
anchor
page2
valuenull
c
619.1
413.8
text"of"
id"p1abw4-zlwg"
anchor
page2
valuenull
c
651.3
413.8
text"Directors"
id"p1abw4-e84t"
anchor
page2
valuenull
c
684.9
413.8
text"on"
id"p1abw4-aoeo"
anchor
page2
valuenull
c
718.1
413.8
text"February"
id"p1abw4-ljgy"
anchor
page2
value25
c
752.9
413.8
text"25"
id"p1abw4-0phx"
anchor
page2
value2026
c
778
413.8
text"2026"
id"p1abw4-7att"
anchor
page2
valuenull
c
805
413.8
text"and"
id"p1abw4-pawf"
anchor
page2
valuenull
c
826.1
413.8
text"are"
id"p1abw4-xo12"
anchor
page2
valuenull
c
856.7
413.8
text"subject"
id"p1abw4-epj1"
anchor
page2
valuenull
c
884.2
413.8
text"to"
id"p1abw4-202t"
anchor
page2
valuenull
c
73.8
428.2
text"completion"
id"p1abw4-le4l"
anchor
page2
valuenull
c
111.6
428.2
text"of"
id"p1abw4-k3g9"
anchor
page2
valuenull
c
125.8
428.2
text"an"
id"p1abw4-8q05"
anchor
page2
valuenull
c
148.8
428.2
text"audit"
id"p1abw4-totm"
anchor
page2
valuenull
c
192.8
428.2
text"procedure"
id"p1abw4-kg12"
anchor
page2
valuenull
c
229.1
428.2
text"by"
id"p1abw4-vp7w"
anchor
page2
valuenull
c
252.8
428.2
text"AXA’s"
id"p1abw4-pim2"
anchor
page2
valuenull
c
294.9
428.2
text"statutory"
id"p1abw4-r8kg"
anchor
page2
valuenull
c
346.6
428.2
text"auditors."
id"p1abw4-v5ig"
anchor
page2
value2
c
31.8
514.5
text"2"
id"p1abw4-a9n2"
anchor
page2
value2
c
31.6
514.5
text"2"
id"p1abw4-6259"
anchor
page2
valuenull
c
64.9
514.5
text"Full"
id"p1abw4-kmmt"
anchor
page2
valuenull
c
88.4
514.5
text"Year"
id"p1abw4-zh3s"
anchor
page2
value2025
c
114.8
514.5
text"2025"
id"p1abw4-g0jc"
anchor
page2
valuenull
c
152.6
514.5
text"Earnings"
id"p1abw4-aatp"
anchor
page2
valuenull
c
206.9
514.5
text"February"
id"p1abw4-w6ze"
anchor
page2
value26
c
240.5
514.5
text"26"
id"p1abw4-njp6"
anchor
page2
value2026
c
263.2
514.5
text"2026"
id"p1abw4-92yi"
anchor
page2
valuenull
c
597.8
515.1
text"See"
id"p1abw4-0m1z"
anchor
page2
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-qp0f"
anchor
page2
valuenull
c
648.5
515.1
text"for"
id"p1abw4-jwmp"
anchor
page2
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-oyw9"
anchor
page2
valuenull
c
722
515.1
text"and"
id"p1abw4-pcut"
anchor
page2
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-hzxy"
anchor
page2
valuenull
c
777.9
515.1
text"on"
id"p1abw4-hzgj"
anchor
page2
valuenull
c
795.2
515.1
text"page"
id"p1abw4-4xq6"
anchor
page2
value36
c
812.2
515.1
text"36"
id"p1abw4-8lty"
anchor
page2
valuenull
c
821.7
515.1
text"&"
id"p1abw4-a4zj"
anchor
page2
value37
c
831.4
515.1
text"37"
id"p1abw4-dpnp"
anchor
page2
valuenull
c
842
515.1
text"of"
id"p1abw4-c18y"
anchor
page2
valuenull
c
855.3
515.1
text"this"
id"p1abw4-9bm3"
anchor
page2
valuenull
c
886.4
515.1
text"document."
id"p1abw4-e53x"
anchor
page3
valuenull
c
198.6
80.8
text"Agenda"
id"p1abw4-30we"
anchor
page3
value1
c
256.9
146
text"1"
id"p1abw4-x71s"
anchor
page3
valuenull
c
345.6
150.2
text"Introduction"
id"p1abw4-hhiz"
anchor
page3
valuenull
c
315
172.6
text"Thomas"
id"p1abw4-s48o"
anchor
page3
valuenull
c
376.1
172.6
text"Buberl,"
id"p1abw4-ejmg"
anchor
page3
valuenull
c
429.7
172.6
text"Group"
id"p1abw4-145n"
anchor
page3
valuenull
c
470.9
172.6
text"CEO"
id"p1abw4-3la4"
anchor
page3
value2
c
254.2
220.3
text"2"
id"p1abw4-9tbw"
anchor
page3
valuenull
c
326.6
224.3
text"Business"
id"p1abw4-1ay1"
anchor
page3
valuenull
c
437.1
224.3
text"Performance"
id"p1abw4-lcif"
anchor
page3
valuenull
c
323.2
246.8
text"Guillaume"
id"p1abw4-cbx2"
anchor
page3
valuenull
c
387.5
246.8
text"Borie,"
id"p1abw4-0mi2"
anchor
page3
valuenull
c
437.4
246.8
text"Global"
id"p1abw4-zhiu"
anchor
page3
valuenull
c
484.6
246.8
text"Head"
id"p1abw4-arx4"
anchor
page3
valuenull
c
514.8
246.8
text"of"
id"p1abw4-n8tn"
anchor
page3
valuenull
c
556.5
246.8
text"Finance,"
id"p1abw4-5fzw"
anchor
page3
valuenull
c
625
246.8
text"Strategy,"
id"p1abw4-7xny"
anchor
page3
valuenull
c
713
246.8
text"Underwriting,"
id"p1abw4-a31y"
anchor
page3
valuenull
c
782.2
246.8
text"Risk"
id"p1abw4-41kh"
anchor
page3
valuenull
c
815.2
246.8
text"and"
id"p1abw4-1vwy"
anchor
page3
valuenull
c
875.6
246.8
text"Technology"
id"p1abw4-2ysp"
anchor
page3
value3
c
253.2
294.7
text"3"
id"p1abw4-5ber"
anchor
page3
valuenull
c
326.6
298.5
text"Financial"
id"p1abw4-y4ks"
anchor
page3
valuenull
c
438.4
298.5
text"Performance"
id"p1abw4-ntj1"
anchor
page3
valuenull
c
305.2
320.9
text"Alban"
id"p1abw4-1elu"
anchor
page3
valuenull
c
340.1
320.9
text"de"
id"p1abw4-9oid"
anchor
page3
valuenull
c
375.2
320.9
text"Mailly"
id"p1abw4-wmud"
anchor
page3
valuenull
c
424
320.9
text"Nesle,"
id"p1abw4-hmi1"
anchor
page3
valuenull
c
473.2
320.9
text"Group"
id"p1abw4-d8z2"
anchor
page3
valuenull
c
514.1
320.9
text"CFO"
id"p1abw4-biif"
anchor
page3
value4
c
252.4
369
text"4"
id"p1abw4-vacu"
anchor
page3
valuenull
c
316.4
372.7
text"France"
id"p1abw4-z0t4"
anchor
page3
valuenull
c
314.2
395.1
text"Mathieu"
id"p1abw4-p29l"
anchor
page3
valuenull
c
376.9
395.1
text"Godart,"
id"p1abw4-pj7l"
anchor
page3
valuenull
c
422.5
395.1
text"AXA"
id"p1abw4-kebo"
anchor
page3
valuenull
c
464.7
395.1
text"France"
id"p1abw4-fcpb"
anchor
page3
valuenull
c
508.4
395.1
text"CEO"
id"p1abw4-kb4g"
anchor
page3
value5
c
254.3
443.4
text"5"
id"p1abw4-ysod"
anchor
page3
valuenull
c
337.9
446.8
text"Conclusion"
id"p1abw4-k3cr"
anchor
page3
valuenull
c
315
469.3
text"Thomas"
id"p1abw4-wtwb"
anchor
page3
valuenull
c
376.1
469.3
text"Buberl,"
id"p1abw4-qxrr"
anchor
page3
valuenull
c
429.7
469.3
text"Group"
id"p1abw4-8q4w"
anchor
page3
valuenull
c
470.9
469.3
text"CEO"
id"p1abw4-kzah"
anchor
page3
value3
c
31.8
514.5
text"3"
id"p1abw4-ogg3"
anchor
page3
valuenull
c
64.9
514.5
text"Full"
id"p1abw4-ky30"
anchor
page3
valuenull
c
88.4
514.5
text"Year"
id"p1abw4-yo9c"
anchor
page3
value2025
c
114.8
514.5
text"2025"
id"p1abw4-b12r"
anchor
page3
valuenull
c
152.6
514.5
text"Earnings"
id"p1abw4-zf48"
anchor
page3
valuenull
c
206.9
514.5
text"February"
id"p1abw4-12b4"
anchor
page3
value26
c
240.5
514.5
text"26"
id"p1abw4-vuqk"
anchor
page3
value2026
c
263.2
514.5
text"2026"
id"p1abw4-p937"
anchor
page4
value1
c
107.4
222.6
text"1"
id"p1abw4-waxm"
anchor
page4
valuenull
c
284.9
237.1
text"Introduction"
id"p1abw4-qvzp"
anchor
page4
valuenull
c
198.4
291.4
text"Thomas"
id"p1abw4-xtjm"
anchor
page4
valuenull
c
292.5
291.4
text"Buberl"
id"p1abw4-mcrw"
anchor
page4
valuenull
c
180.3
322.8
text"Group"
id"p1abw4-jsmb"
anchor
page4
valuenull
c
235.4
322.8
text"CEO"
id"p1abw4-ywsr"
anchor
page4
value4
c
31.8
514.5
text"4"
id"p1abw4-cv5r"
anchor
page4
valuenull
c
64.9
514.5
text"Full"
id"p1abw4-jdvo"
anchor
page4
valuenull
c
88.4
514.5
text"Year"
id"p1abw4-is0i"
anchor
page4
value2025
c
114.8
514.5
text"2025"
id"p1abw4-dleb"
anchor
page4
valuenull
c
152.6
514.5
text"Earnings"
id"p1abw4-igrb"
anchor
page4
valuenull
c
206.9
514.5
text"February"
id"p1abw4-k4w9"
anchor
page4
value26
c
240.5
514.5
text"26"
id"p1abw4-mkiv"
anchor
page4
value2026
c
263.2
514.5
text"2026"
id"p1abw4-envf"
anchor
page5
valuenull
c
63.4
58.8
text"Full"
id"p1abw4-jiiq"
anchor
page5
valuenull
c
116.7
58.8
text"Year"
id"p1abw4-j4qp"
anchor
page5
value2025
c
177.6
58.8
text"2025"
id"p1abw4-x540"
anchor
page5
valuenull
c
304.6
58.8
text"Excellent"
id"p1abw4-bjib"
anchor
page5
valuenull
c
410
58.8
text"perfor"
id"p1abw4-pbtr"
anchor
page5
valuenull
c
496.1
58.8
text"mance"
id"p1abw4-nzj8"
anchor
page5
valuenull
c
303.1
206.3
text"UNDERLYING"
id"p1abw4-an63"
anchor
page5
valuenull
c
821.6
206.3
text"SOLVENCY"
id"p1abw4-d4yi"
anchor
page5
valuenull
c
869.8
206.3
text"II"
id"p1abw4-d7ch"
anchor
page5
valuenull
c
130.2
216.1
text"REVENUES"
id"p1abw4-dqn9"
anchor
page5
valuenull
c
476.9
216.1
text"UEPS"
id"p1abw4-5ldr"
anchor
page5
valuenull
c
650.6
216.1
text"DIVIDEND"
id"p1abw4-d0x9"
anchor
page5
valuenull
c
303.2
225.8
text"EARNINGS"
id"p1abw4-c1df"
anchor
page5
valuenull
c
828.1
225.8
text"RATIO"
id"p1abw4-cxbm"
anchor
page5
value116
c
131.2
275.1
text"€116"
id"p1abw4-yxjw"
anchor
page5
value8.4
c
303.6
275.1
text"€8.4"
id"p1abw4-oasi"
anchor
page5
value3.86
c
475.1
275.1
text"€3.86"
id"p1abw4-l996"
anchor
page5
value2.32
c
651.4
275.1
text"€2.32"
id"p1abw4-1cs9"
anchor
page5
value224
c
810.4
275.1
text"224"
id"p1abw4-ts7x"
anchor
page5
value6
c
122
315.1
text"+6"
id"p1abw4-yutx"
anchor
page5
value6
c
296.6
315.1
text"+6"
id"p1abw4-xtf8"
anchor
page5
value8
c
478.6
315.1
text"+8%"
id"p1abw4-dpes"
anchor
page5
value8
c
653
315.1
text"+8%"
id"p1abw4-idom"
anchor
page5
value9
c
813.9
315.1
text"+9"
id"p1abw4-t41o"
anchor
page5
valuenull
c
840.5
318.6
text"pts"
id"p1abw4-0ud2"
anchor
page5
valuenull
c
112.5
338.5
text"vs"
id"p1abw4-hp5v"
anchor
page5
valuenull
c
138.7
338.5
text"FY24"
id"p1abw4-ndok"
anchor
page5
valuenull
c
284.9
338.5
text"vs"
id"p1abw4-tpz6"
anchor
page5
valuenull
c
311
338.5
text"FY24"
id"p1abw4-3bra"
anchor
page5
valuenull
c
461.1
338.5
text"vs"
id"p1abw4-uipv"
anchor
page5
valuenull
c
487.3
338.5
text"FY24"
id"p1abw4-ul38"
anchor
page5
valuenull
c
636.3
338.4
text"vs"
id"p1abw4-on8r"
anchor
page5
valuenull
c
662.4
338.4
text"FY24"
id"p1abw4-eqyj"
anchor
page5
valuenull
c
828.2
338.5
text"FY25"
id"p1abw4-f4de"
anchor
page5
valuenull
c
325.6
376.9
text"Excl."
id"p1abw4-ookv"
anchor
page5
value9
c
270.5
389.4
text"+9"
id"p1abw4-z72l"
anchor
page5
valuenull
c
322.9
392.2
text"AXA"
id"p1abw4-9cne"
anchor
page5
valuenull
c
347.2
392.2
text"IM"
id"p1abw4-t7kb"
anchor
page5
value5
c
31.6
514.5
text"5"
id"p1abw4-0vs7"
anchor
page5
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-r05r"
anchor
page5
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-dst0"
anchor
page5
value2025
c
112.2
514.5
text"2025"
id"p1abw4-5glg"
anchor
page5
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-91zg"
anchor
page5
valuenull
c
200.4
514.5
text"February"
id"p1abw4-debm"
anchor
page5
value26
c
232.6
514.5
text"26"
id"p1abw4-fus9"
anchor
page5
value2026
c
254.4
514.5
text"2026"
id"p1abw4-maf8"
anchor
page5
valuenull
c
597.8
515.1
text"See"
id"p1abw4-mvtc"
anchor
page5
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-txjg"
anchor
page5
valuenull
c
648.5
515.1
text"for"
id"p1abw4-z1ap"
anchor
page5
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-591x"
anchor
page5
valuenull
c
722
515.1
text"and"
id"p1abw4-kor2"
anchor
page5
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-hp0n"
anchor
page5
valuenull
c
777.9
515.1
text"on"
id"p1abw4-mzkw"
anchor
page5
valuenull
c
795.2
515.1
text"page"
id"p1abw4-e3cd"
anchor
page5
value36
c
812.2
515.1
text"36"
id"p1abw4-7zbc"
anchor
page5
valuenull
c
821.7
515.1
text"&"
id"p1abw4-or2y"
anchor
page5
value37
c
831.4
515.1
text"37"
id"p1abw4-fmk7"
anchor
page5
valuenull
c
842
515.1
text"of"
id"p1abw4-1oww"
anchor
page5
valuenull
c
855.3
515.1
text"this"
id"p1abw4-uh9j"
anchor
page5
valuenull
c
886.4
515.1
text"document."
id"p1abw4-z7dm"
anchor
page6
valuenull
c
79.8
58.8
text"Strong"
id"p1abw4-95hr"
anchor
page6
valuenull
c
167.8
58.8
text"growth,"
id"p1abw4-dsac"
anchor
page6
valuenull
c
254.6
58.8
text"driven"
id"p1abw4-zexs"
anchor
page6
valuenull
c
310.7
58.8
text"by"
id"p1abw4-y687"
anchor
page6
valuenull
c
343.9
58.8
text"all"
id"p1abw4-o08q"
anchor
page6
valuenull
c
382.9
58.8
text"our"
id"p1abw4-rv2v"
anchor
page6
valuenull
c
457.5
58.8
text"business"
id"p1abw4-ih7e"
anchor
page6
valuenull
c
538.7
58.8
text"lines"
id"p1abw4-33a9"
anchor
page6
valuenull
c
602.5
147.1
text"UNDERLYING"
id"p1abw4-st2d"
anchor
page6
valuenull
c
832.1
148.2
text"COMBINED"
id"p1abw4-eztq"
anchor
page6
valuenull
c
272.4
150.9
text"GROSS"
id"p1abw4-q0hm"
anchor
page6
valuenull
c
344.2
150.9
text"WRITTEN"
id"p1abw4-qb23"
anchor
page6
valuenull
c
432.5
150.9
text"PREMIUMS"
id"p1abw4-wuqq"
anchor
page6
valuenull
c
602.5
171.1
text"EARNINGS"
id"p1abw4-647a"
anchor
page6
valuenull
c
832.1
172.2
text"RATIO"
id"p1abw4-ou78"
anchor
page6
valuenull
c
282.3
174.9
text"&"
id"p1abw4-m6gc"
anchor
page6
valuenull
c
321.8
174.9
text"OTHER"
id"p1abw4-ee2e"
anchor
page6
valuenull
c
400.1
174.9
text"REVENUES"
id"p1abw4-6idi"
anchor
page6
value58
c
342.1
226
text"€58.0"
id"p1abw4-jqov"
anchor
page6
value5.9
c
601.8
227
text"€5.9"
id"p1abw4-1m4z"
anchor
page6
value90.6
c
815.8
225.7
text"90.6"
id"p1abw4-v9el"
anchor
page6
valuenull
c
408.5
229
text"bn"
id"p1abw4-gx7w"
anchor
page6
valuenull
c
187.8
236.1
text"P&C"
id"p1abw4-b57v"
anchor
page6
value5
c
340.2
262.2
text"+5%"
id"p1abw4-pawh"
anchor
page6
value9
c
574.1
262.2
text"+9"
id"p1abw4-luey"
anchor
page6
value91
c
818.8
262.2
text"91.0"
id"p1abw4-dwya"
anchor
page6
valuenull
c
368.9
264.1
text"vs"
id"p1abw4-bx3o"
anchor
page6
valuenull
c
391.5
264.1
text"FY24"
id"p1abw4-it5t"
anchor
page6
valuenull
c
610.8
264.1
text"vs"
id"p1abw4-jdx5"
anchor
page6
valuenull
c
633.4
264.1
text"FY24"
id"p1abw4-6wsx"
anchor
page6
valuenull
c
784.9
264.1
text"vs"
id"p1abw4-ie1e"
anchor
page6
valuenull
c
877.8
264.1
text"FY24"
id"p1abw4-bpi7"
anchor
page6
value37.5
c
360.7
325.9
text"€37.5"
id"p1abw4-qrrm"
anchor
page6
value2.7
c
601.7
327.7
text"€2.7"
id"p1abw4-j8uf"
anchor
page6
valuenull
c
188.3
337.4
text"LIFE"
id"p1abw4-ytq6"
anchor
page6
value9
c
340.3
360.1
text"+9%"
id"p1abw4-0iy6"
anchor
page6
value4
c
581.1
361.8
text"+4%"
id"p1abw4-z85f"
anchor
page6
valuenull
c
370.6
361.9
text"vs"
id"p1abw4-jgnb"
anchor
page6
valuenull
c
393.2
361.9
text"FY24"
id"p1abw4-xcmm"
anchor
page6
valuenull
c
611.4
363.6
text"vs"
id"p1abw4-c9oq"
anchor
page6
valuenull
c
634.1
363.6
text"FY24"
id"p1abw4-062l"
anchor
page6
value19
c
360.8
431.8
text"€19.0"
id"p1abw4-okof"
anchor
page6
value0.8
c
582.1
432
text"€0.8"
id"p1abw4-xr40"
anchor
page6
value97.9
c
831.1
432.5
text"97.9%"
id"p1abw4-w1gu"
anchor
page6
valuenull
c
637.4
435
text"bn"
id"p1abw4-cpyl"
anchor
page6
valuenull
c
208.2
440.9
text"HEALTH"
id"p1abw4-9xvb"
anchor
page6
value5
c
340.2
466.5
text"+5%"
id"p1abw4-bxk2"
anchor
page6
value17
c
579.8
466.5
text"+17%"
id"p1abw4-4l05"
anchor
page6
value98.1
c
826
466.5
text"98.1%"
id"p1abw4-mae8"
anchor
page6
valuenull
c
369.4
468.4
text"vs"
id"p1abw4-9tvj"
anchor
page6
valuenull
c
392.1
468.4
text"FY24"
id"p1abw4-crvh"
anchor
page6
valuenull
c
614.4
468.4
text"vs"
id"p1abw4-xewi"
anchor
page6
valuenull
c
637
468.4
text"FY24"
id"p1abw4-dyzv"
anchor
page6
valuenull
c
786.5
468.4
text"vs"
id"p1abw4-7jbe"
anchor
page6
valuenull
c
876.4
468.4
text"FY24"
id"p1abw4-x10i"
anchor
page6
value6
c
31.6
514.5
text"6"
id"p1abw4-btow"
anchor
page6
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-tbhl"
anchor
page6
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-4prl"
anchor
page6
value2025
c
112.2
514.5
text"2025"
id"p1abw4-szeb"
anchor
page6
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-5a2a"
anchor
page6
valuenull
c
200.4
514.5
text"February"
id"p1abw4-kala"
anchor
page6
value26
c
232.6
514.5
text"26"
id"p1abw4-7rcu"
anchor
page6
value2026
c
254.4
514.5
text"2026"
id"p1abw4-plv8"
anchor
page6
valuenull
c
597.8
515.1
text"See"
id"p1abw4-vrin"
anchor
page6
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-48gr"
anchor
page6
valuenull
c
648.5
515.1
text"for"
id"p1abw4-sb10"
anchor
page6
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-9mhn"
anchor
page6
valuenull
c
722
515.1
text"and"
id"p1abw4-ucaf"
anchor
page6
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-p61g"
anchor
page6
valuenull
c
777.9
515.1
text"on"
id"p1abw4-nkrg"
anchor
page6
valuenull
c
795.2
515.1
text"page"
id"p1abw4-b34l"
anchor
page6
value36
c
812.2
515.1
text"36"
id"p1abw4-cm6c"
anchor
page6
valuenull
c
821.7
515.1
text"&"
id"p1abw4-6uig"
anchor
page6
value37
c
831.4
515.1
text"37"
id"p1abw4-4fzd"
anchor
page6
valuenull
c
842
515.1
text"of"
id"p1abw4-ra2n"
anchor
page6
valuenull
c
855.3
515.1
text"this"
id"p1abw4-tcrv"
anchor
page6
valuenull
c
886.4
515.1
text"document."
id"p1abw4-xvrz"
anchor
page7
valuenull
c
103
59.2
text"Diversified"
id"p1abw4-8j7b"
anchor
page7
valuenull
c
225.3
59.2
text"franchise,"
id"p1abw4-advu"
anchor
page7
valuenull
c
310.6
59.2
text"well"
id"p1abw4-hoyc"
anchor
page7
valuenull
c
400.6
59.2
text"positioned"
id"p1abw4-kpob"
anchor
page7
valuenull
c
477.8
59.2
text"in"
id"p1abw4-1sij"
anchor
page7
valuenull
c
508.7
59.2
text"an"
id"p1abw4-1cy5"
anchor
page7
valuenull
c
583.8
59.2
text"attractive"
id"p1abw4-6ejn"
anchor
page7
valuenull
c
691.4
59.2
text"industry"
id"p1abw4-evmm"
anchor
page7
valuenull
c
268.1
146.7
text"SECULAR"
id"p1abw4-sz98"
anchor
page7
valuenull
c
345
146.7
text"TRENDS"
id"p1abw4-m0eb"
anchor
page7
valuenull
c
420
146.7
text"FUELING"
id"p1abw4-9grb"
anchor
page7
valuenull
c
497.5
146.7
text"DEMAND"
id"p1abw4-h1qo"
anchor
page7
valuenull
c
572.4
146.7
text"ACROSS"
id"p1abw4-5xir"
anchor
page7
valuenull
c
663.6
146.7
text"BUSINESSES"
id"p1abw4-l4b0"
anchor
page7
value17
c
431.2
209.2
text"17%"
id"p1abw4-2rdm"
anchor
page7
valuenull
c
352.5
211.6
text"Retail"
id"p1abw4-p2yx"
anchor
page7
valuenull
c
595.7
211.6
text"Life"
id"p1abw4-xeen"
anchor
page7
value33
c
552
241.5
text"33%"
id"p1abw4-bclr"
anchor
page7
valuenull
c
195.6
256.9
text"Protection"
id"p1abw4-zjsi"
anchor
page7
valuenull
c
267.4
256.9
text"gaps"
id"p1abw4-547f"
anchor
page7
valuenull
c
708.2
256.9
text"Demographics"
id"p1abw4-ax3b"
anchor
page7
valuenull
c
807.5
256.9
text"driving"
id"p1abw4-eg34"
anchor
page7
valuenull
c
342.2
268.6
text"SME"
id"p1abw4-386i"
anchor
page7
valuenull
c
183.2
280.9
text"and"
id"p1abw4-oz7t"
anchor
page7
valuenull
c
246.1
280.9
text"emerging"
id"p1abw4-opol"
anchor
page7
valuenull
c
680.9
280.9
text"demand"
id"p1abw4-wdm0"
anchor
page7
valuenull
c
732.9
280.9
text"for"
id"p1abw4-zlqi"
anchor
page7
valuenull
c
780.8
280.9
text"private"
id"p1abw4-fbhu"
anchor
page7
value16
c
395.5
285.6
text"16%"
id"p1abw4-yp7a"
anchor
page7
valuenull
c
320.2
285.4
text"&"
id"p1abw4-x46j"
anchor
page7
valuenull
c
340
285.4
text"Mid"
id"p1abw4-g18w"
anchor
page7
valuenull
c
198.2
304.9
text"corporate"
id"p1abw4-ju9k"
anchor
page7
valuenull
c
267.1
304.9
text"risks"
id"p1abw4-nmdz"
anchor
page7
valuenull
c
331.1
302.3
text"market"
id"p1abw4-wrns"
anchor
page7
valuenull
c
693
304.9
text"retirement"
id"p1abw4-sad2"
anchor
page7
valuenull
c
761
304.9
text"and"
id"p1abw4-dx3d"
anchor
page7
valuenull
c
829
304.9
text"healthcare"
id"p1abw4-bb7u"
anchor
page7
value17
c
436.1
356
text"17%"
id"p1abw4-wkai"
anchor
page7
value17
c
531.1
356
text"17%"
id"p1abw4-vft3"
anchor
page7
valuenull
c
350.6
366.1
text"Large"
id"p1abw4-06pg"
anchor
page7
valuenull
c
374.6
366.1
text"&"
id"p1abw4-2iii"
anchor
page7
valuenull
c
586.7
372.4
text"Health"
id"p1abw4-utm2"
anchor
page7
valuenull
c
356.5
381.1
text"Specialty"
id"p1abw4-dvvq"
anchor
page7
valuenull
c
415.1
424.1
text"OUR"
id"p1abw4-kuo0"
anchor
page7
valuenull
c
464.3
424.1
text"RIGHT"
id"p1abw4-mzzb"
anchor
page7
valuenull
c
506.7
424.1
text"TO"
id"p1abw4-dj59"
anchor
page7
valuenull
c
539.6
424.1
text"WIN"
id"p1abw4-b46y"
anchor
page7
valuenull
c
109.8
458.8
text"Leading"
id"p1abw4-90no"
anchor
page7
valuenull
c
155.6
458.8
text"brand"
id"p1abw4-cmls"
anchor
page7
valuenull
c
181.5
458.8
text"&"
id"p1abw4-ol6d"
anchor
page7
valuenull
c
336.7
458.8
text"Strong"
id"p1abw4-77d8"
anchor
page7
valuenull
c
372.2
458.8
text"and"
id"p1abw4-bah2"
anchor
page7
valuenull
c
419.9
458.8
text"diversified"
id"p1abw4-s5uy"
anchor
page7
valuenull
c
554.3
458.8
text"Technical"
id"p1abw4-qnql"
anchor
page7
valuenull
c
615.6
458.8
text"expertise"
id"p1abw4-o0w5"
anchor
page7
valuenull
c
653.9
458.8
text"to"
id"p1abw4-eeqf"
anchor
page7
valuenull
c
764
458.8
text"Scale"
id"p1abw4-gvew"
anchor
page7
valuenull
c
808
458.8
text"offering"
id"p1abw4-q319"
anchor
page7
valuenull
c
848.2
458.8
text"cost"
id"p1abw4-qzk2"
anchor
page7
valuenull
c
98.8
475.5
text"high"
id"p1abw4-palv"
anchor
page7
valuenull
c
144.6
475.5
text"customer"
id"p1abw4-lsmg"
anchor
page7
valuenull
c
189.5
475.5
text"NPS"
id"p1abw4-uvvm"
anchor
page7
valuenull
c
352.6
475.5
text"distribution"
id"p1abw4-yeud"
anchor
page7
valuenull
c
540.2
475.5
text"price"
id"p1abw4-b04l"
anchor
page7
valuenull
c
563.1
475.5
text"&"
id"p1abw4-jxfl"
anchor
page7
valuenull
c
605.5
475.5
text"underwrite"
id"p1abw4-4vls"
anchor
page7
valuenull
c
658
475.5
text"risks"
id"p1abw4-q27c"
anchor
page7
valuenull
c
780.4
475.5
text"advantage"
id"p1abw4-0tcd"
anchor
page7
value7
c
31.6
514.5
text"7"
id"p1abw4-05g2"
anchor
page7
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-490a"
anchor
page7
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-f8vn"
anchor
page7
value2025
c
112.2
514.5
text"2025"
id"p1abw4-40ky"
anchor
page7
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-2gft"
anchor
page7
valuenull
c
200.4
514.5
text"February"
id"p1abw4-xryk"
anchor
page7
value26
c
232.6
514.5
text"26"
id"p1abw4-dxox"
anchor
page7
value2026
c
254.4
514.5
text"2026"
id"p1abw4-tfxj"
anchor
page7
valuenull
c
597.8
515.1
text"See"
id"p1abw4-tqcn"
anchor
page7
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-xnyd"
anchor
page7
valuenull
c
648.5
515.1
text"for"
id"p1abw4-j1z9"
anchor
page7
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-zgxt"
anchor
page7
valuenull
c
722
515.1
text"and"
id"p1abw4-abj7"
anchor
page7
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-il51"
anchor
page7
valuenull
c
777.9
515.1
text"on"
id"p1abw4-i4ne"
anchor
page7
valuenull
c
795.2
515.1
text"page"
id"p1abw4-jr6n"
anchor
page7
value36
c
812.2
515.1
text"36"
id"p1abw4-mtsg"
anchor
page7
valuenull
c
821.7
515.1
text"&"
id"p1abw4-czzx"
anchor
page7
value37
c
831.4
515.1
text"37"
id"p1abw4-w3fi"
anchor
page7
valuenull
c
842
515.1
text"of"
id"p1abw4-amja"
anchor
page7
valuenull
c
855.3
515.1
text"this"
id"p1abw4-ttku"
anchor
page7
valuenull
c
886.4
515.1
text"document."
id"p1abw4-fvb2"
anchor
page8
valuenull
c
75.5
58.6
text"Value"
id"p1abw4-z0wk"
anchor
page8
valuenull
c
161.1
58.6
text"creation"
id"p1abw4-jb4l"
anchor
page8
valuenull
c
259.9
58.6
text"through"
id"p1abw4-1k5t"
anchor
page8
valuenull
c
372.7
58.6
text"innovation"
id"p1abw4-yuaz"
anchor
page8
valuenull
c
172.4
263.6
text"ACQUISITION"
id"p1abw4-rf7i"
anchor
page8
valuenull
c
257.9
263.6
text"OF"
id"p1abw4-wsbn"
anchor
page8
valuenull
c
638.7
265.1
text"ARTIFICIAL"
id"p1abw4-3gvg"
anchor
page8
valuenull
c
770.6
265.1
text"INTELLIGENCE"
id"p1abw4-lc71"
anchor
page8
valuenull
c
96.8
306.9
text"Enhances"
id"p1abw4-zuvi"
anchor
page8
valuenull
c
176.1
306.9
text"distribution"
id"p1abw4-c3i1"
anchor
page8
valuenull
c
251.2
306.9
text"capacity"
id"p1abw4-f6zd"
anchor
page8
valuenull
c
291
306.9
text"of"
id"p1abw4-uu1g"
anchor
page8
valuenull
c
313.6
306.9
text"AXA"
id"p1abw4-pxa4"
anchor
page8
valuenull
c
336.2
306.9
text"in"
id"p1abw4-0a55"
anchor
page8
valuenull
c
369.7
306.9
text"Europe"
id"p1abw4-whjm"
anchor
page8
valuenull
c
419.7
306.9
text"thanks"
id"p1abw4-vv6i"
anchor
page8
valuenull
c
524.7
306.9
text"AI"
id"p1abw4-lynv"
anchor
page8
valuenull
c
540.8
306.9
text"is"
id"p1abw4-5om2"
anchor
page8
valuenull
c
554
306.9
text"a"
id"p1abw4-t0u4"
anchor
page8
valuenull
c
592.8
306.9
text"strategic"
id"p1abw4-aw69"
anchor
page8
valuenull
c
669.4
306.9
text"technology,"
id"p1abw4-4nsn"
anchor
page8
valuenull
c
742.7
306.9
text"bringing"
id"p1abw4-n8ea"
anchor
page8
valuenull
c
793.5
306.9
text"major"
id"p1abw4-vzr2"
anchor
page8
valuenull
c
843.8
306.9
text"benefits"
id"p1abw4-wlcj"
anchor
page8
valuenull
c
881
306.9
text"to"
id"p1abw4-doof"
anchor
page8
valuenull
c
70.2
326
text"to"
id"p1abw4-s5b3"
anchor
page8
valuenull
c
84.5
326
text"a"
id"p1abw4-78yl"
anchor
page8
valuenull
c
118.4
326
text"modern"
id"p1abw4-4kf9"
anchor
page8
valuenull
c
162.6
326
text"tech"
id"p1abw4-bt63"
anchor
page8
valuenull
c
209.7
326
text"platform"
id"p1abw4-7s3s"
anchor
page8
valuenull
c
554.2
326
text"businesses"
id"p1abw4-fux3"
anchor
page8
valuenull
c
92.9
353.3
text"Answers"
id"p1abw4-ovhn"
anchor
page8
valuenull
c
137.8
353.3
text"the"
id"p1abw4-33yp"
anchor
page8
valuenull
c
181.9
353.3
text"growing"
id"p1abw4-em2r"
anchor
page8
valuenull
c
243
353.3
text"demand"
id"p1abw4-dx2u"
anchor
page8
valuenull
c
285.5
353.3
text"for"
id"p1abw4-if1g"
anchor
page8
valuenull
c
321.4
353.3
text"online"
id"p1abw4-cj4b"
anchor
page8
valuenull
c
367.5
353.3
text"offers"
id"p1abw4-7g7t"
anchor
page8
valuenull
c
398.6
353.3
text"to"
id"p1abw4-r27k"
anchor
page8
valuenull
c
543.2
353.3
text"Beyond"
id"p1abw4-pzrj"
anchor
page8
valuenull
c
604.5
353.3
text"increased"
id"p1abw4-2avq"
anchor
page8
valuenull
c
674
353.3
text"efficiency,"
id"p1abw4-7tno"
anchor
page8
valuenull
c
717.8
353.3
text"AI"
id"p1abw4-2qbt"
anchor
page8
valuenull
c
741
353.3
text"will"
id"p1abw4-sopt"
anchor
page8
valuenull
c
793.1
353.3
text"transform"
id"p1abw4-qktp"
anchor
page8
valuenull
c
855.1
353.3
text"access"
id"p1abw4-q7le"
anchor
page8
valuenull
c
888.8
353.3
text"to"
id"p1abw4-dna8"
anchor
page8
valuenull
c
94.8
372.5
text"complete"
id"p1abw4-2bv9"
anchor
page8
valuenull
c
141.1
372.5
text"our"
id"p1abw4-ef1s"
anchor
page8
valuenull
c
177.4
372.5
text"strong"
id"p1abw4-qozt"
anchor
page8
valuenull
c
241.5
372.5
text"distribution"
id"p1abw4-lu0u"
anchor
page8
valuenull
c
311.8
372.5
text"network"
id"p1abw4-p2jh"
anchor
page8
valuenull
c
357.4
372.5
text"with"
id"p1abw4-4v7k"
anchor
page8
valuenull
c
396.4
372.5
text"direct"
id"p1abw4-cpp7"
anchor
page8
valuenull
c
554.8
372.5
text"insurance,"
id"p1abw4-qucr"
anchor
page8
valuenull
c
621.8
372.5
text"product"
id"p1abw4-v21r"
anchor
page8
valuenull
c
705.8
372.5
text"personalization,"
id"p1abw4-177s"
anchor
page8
valuenull
c
775.8
372.5
text"and"
id"p1abw4-0ctw"
anchor
page8
valuenull
c
802.9
372.5
text"the"
id"p1abw4-t0rl"
anchor
page8
valuenull
c
848.9
372.5
text"customer"
id"p1abw4-ak8l"
anchor
page8
valuenull
c
97.9
391.7
text"insurance"
id"p1abw4-40k9"
anchor
page8
valuenull
c
148.7
391.7
text"and"
id"p1abw4-36eu"
anchor
page8
valuenull
c
190.1
391.7
text"enlarge"
id"p1abw4-hy54"
anchor
page8
valuenull
c
229.9
391.7
text"our"
id"p1abw4-ukie"
anchor
page8
valuenull
c
276.3
391.7
text"customer"
id"p1abw4-izax"
anchor
page8
valuenull
c
340.5
391.7
text"portfolio"
id"p1abw4-xkco"
anchor
page8
valuenull
c
556.3
391.7
text"experience;"
id"p1abw4-2erf"
anchor
page8
valuenull
c
611.5
391.7
text"AXA"
id"p1abw4-scha"
anchor
page8
valuenull
c
650
391.7
text"wants"
id"p1abw4-fk8l"
anchor
page8
valuenull
c
682.3
391.7
text"to"
id"p1abw4-tg9y"
anchor
page8
valuenull
c
701.7
391.7
text"be"
id"p1abw4-fsk7"
anchor
page8
valuenull
c
735.1
391.7
text"firmly"
id"p1abw4-oe7i"
anchor
page8
valuenull
c
797.8
391.7
text"positioned"
id"p1abw4-wzwg"
anchor
page8
valuenull
c
845.4
391.7
text"in"
id"p1abw4-yecs"
anchor
page8
valuenull
c
868.8
391.7
text"this"
id"p1abw4-qm3d"
anchor
page8
valuenull
c
551.6
411
text"evolution"
id"p1abw4-fv02"
anchor
page8
valuenull
c
86.7
419
text"1,100+"
id"p1abw4-jjpn"
anchor
page8
valuenull
c
152
419
text"employees"
id"p1abw4-uxqu"
anchor
page8
valuenull
c
224.8
419
text"including"
id"p1abw4-k2m1"
anchor
page8
value400
c
271.1
419
text"400"
id"p1abw4-muyy"
anchor
page8
valuenull
c
325.4
419
text"developers,"
id"p1abw4-b9ar"
anchor
page8
valuenull
c
400.3
419
text"engineers"
id"p1abw4-vrtb"
anchor
page8
valuenull
c
76
438.1
text"and"
id"p1abw4-99ew"
anchor
page8
valuenull
c
107.4
438.1
text"data"
id"p1abw4-bkbm"
anchor
page8
valuenull
c
157.4
438.1
text"scientists"
id"p1abw4-pln9"
anchor
page8
valuenull
c
524.2
438.1
text"AI"
id"p1abw4-6t3y"
anchor
page8
valuenull
c
539.2
438.1
text"is"
id"p1abw4-kyk1"
anchor
page8
valuenull
c
572.8
438.1
text"already"
id"p1abw4-bix2"
anchor
page8
valuenull
c
636.4
438.1
text"concretely"
id"p1abw4-3691"
anchor
page8
valuenull
c
708.8
438.1
text"improving"
id"p1abw4-pgq0"
anchor
page8
valuenull
c
770.9
438.1
text"pricing"
id"p1abw4-klv7"
anchor
page8
valuenull
c
832.3
438.1
text"accuracy,"
id"p1abw4-egis"
anchor
page8
valuenull
c
564.4
457.4
text"underwriting"
id"p1abw4-56py"
anchor
page8
valuenull
c
641.2
457.4
text"quality,"
id"p1abw4-kewk"
anchor
page8
valuenull
c
684.4
457.4
text"and"
id"p1abw4-9vq0"
anchor
page8
valuenull
c
723.4
457.4
text"claims"
id"p1abw4-57ni"
anchor
page8
valuenull
c
796.4
457.4
text"management"
id"p1abw4-dnvw"
anchor
page8
value8
c
31.6
514.5
text"8"
id"p1abw4-yxy5"
anchor
page8
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-md8r"
anchor
page8
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-mau5"
anchor
page8
value2025
c
112.2
514.5
text"2025"
id"p1abw4-6k8d"
anchor
page8
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-j71a"
anchor
page8
valuenull
c
200.4
514.5
text"February"
id"p1abw4-aily"
anchor
page8
value26
c
232.6
514.5
text"26"
id"p1abw4-jgh2"
anchor
page8
value2026
c
254.4
514.5
text"2026"
id"p1abw4-p1h1"
anchor
page8
valuenull
c
597.8
515.1
text"See"
id"p1abw4-csrx"
anchor
page8
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-i98w"
anchor
page8
valuenull
c
648.5
515.1
text"for"
id"p1abw4-okn6"
anchor
page8
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-da3k"
anchor
page8
valuenull
c
722
515.1
text"and"
id"p1abw4-16g6"
anchor
page8
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-766d"
anchor
page8
valuenull
c
777.9
515.1
text"on"
id"p1abw4-hpq2"
anchor
page8
valuenull
c
795.2
515.1
text"page"
id"p1abw4-7t0o"
anchor
page8
value36
c
812.2
515.1
text"36"
id"p1abw4-083k"
anchor
page8
valuenull
c
821.7
515.1
text"&"
id"p1abw4-w9jz"
anchor
page8
value37
c
831.4
515.1
text"37"
id"p1abw4-n0bc"
anchor
page8
valuenull
c
842
515.1
text"of"
id"p1abw4-sft7"
anchor
page8
valuenull
c
855.3
515.1
text"this"
id"p1abw4-7shd"
anchor
page8
valuenull
c
886.4
515.1
text"document."
id"p1abw4-za0n"
anchor
page9
valuenull
c
70.3
61
text"AXA,"
id"p1abw4-g5mc"
anchor
page9
valuenull
c
110.3
61
text"a"
id"p1abw4-xsle"
anchor
page9
valuenull
c
175.4
61
text"company"
id"p1abw4-l7bh"
anchor
page9
valuenull
c
296.4
61
text"committed"
id"p1abw4-rtrj"
anchor
page9
valuenull
c
377.4
61
text"to"
id"p1abw4-krr1"
anchor
page9
valuenull
c
435.6
61
text"society"
id"p1abw4-ghq4"
anchor
page9
valuenull
c
492.4
61
text"in"
id"p1abw4-cl9v"
anchor
page9
value2025
c
537.6
61
text"2025"
id"p1abw4-1ng0"
anchor
page9
valuenull
c
251.6
148.9
text"Customers"
id"p1abw4-dk7e"
anchor
page9
valuenull
c
736.8
148.9
text"Economy"
id"p1abw4-y6h1"
anchor
page9
valuenull
c
79.7
179.8
text"More"
id"p1abw4-zy2k"
anchor
page9
valuenull
c
112.3
179.8
text"than"
id"p1abw4-kk5n"
anchor
page9
value49
c
148.7
179.8
text"€49"
id"p1abw4-sp63"
anchor
page9
valuenull
c
176.1
179.8
text"in"
id"p1abw4-0hi7"
anchor
page9
valuenull
c
204.9
179.8
text"claims"
id"p1abw4-k8vm"
anchor
page9
valuenull
c
241.4
179.8
text"paid"
id"p1abw4-sw4d"
anchor
page9
valuenull
c
610
179.8
text"More"
id"p1abw4-udwa"
anchor
page9
valuenull
c
642.7
179.8
text"than"
id"p1abw4-bppx"
anchor
page9
value40
c
679
179.8
text"€40"
id"p1abw4-astb"
anchor
page9
valuenull
c
727.4
179.8
text"invested"
id"p1abw4-179w"
anchor
page9
valuenull
c
762.5
179.8
text"in"
id"p1abw4-xe7v"
anchor
page9
valuenull
c
780.5
179.8
text"the"
id"p1abw4-1el7"
anchor
page9
valuenull
c
820
179.8
text"economy"
id"p1abw4-zgal"
anchor
page9
value438
c
84.9
204.5
text"€438"
id"p1abw4-a069"
anchor
page9
valuenull
c
131.4
204.5
text"climate"
id"p1abw4-vdjo"
anchor
page9
valuenull
c
179.8
204.5
text"related"
id"p1abw4-etw0"
anchor
page9
valuenull
c
224.9
204.5
text"claims"
id"p1abw4-rbn1"
anchor
page9
valuenull
c
253.3
204.5
text"in"
id"p1abw4-ugds"
anchor
page9
valuenull
c
281.6
204.5
text"France"
id"p1abw4-fq8k"
anchor
page9
value12.8
c
619.4
204.5
text"€12.8"
id"p1abw4-mdil"
anchor
page9
valuenull
c
658
204.5
text"of"
id"p1abw4-oq4z"
anchor
page9
valuenull
c
677
204.5
text"tax"
id"p1abw4-8dfi"
anchor
page9
valuenull
c
701.5
204.5
text"and"
id"p1abw4-teya"
anchor
page9
valuenull
c
733.8
204.5
text"social"
id"p1abw4-45vy"
anchor
page9
valuenull
c
796.8
204.5
text"contributions"
id"p1abw4-qqpx"
anchor
page9
valuenull
c
856.9
204.5
text"paid,"
id"p1abw4-qnef"
anchor
page9
valuenull
c
600.2
221.3
text"of"
id"p1abw4-ogmx"
anchor
page9
valuenull
c
626.5
221.3
text"which"
id"p1abw4-qb46"
anchor
page9
value36.7
c
664.7
221.3
text"36.7%"
id"p1abw4-zfkw"
anchor
page9
valuenull
c
691
221.3
text"in"
id"p1abw4-1l7a"
anchor
page9
valuenull
c
719.3
221.3
text"France"
id"p1abw4-1thn"
anchor
page9
valuenull
c
626.7
246.2
text"Launch"
id"p1abw4-0hu0"
anchor
page9
valuenull
c
656.6
246.2
text"of"
id"p1abw4-wvj2"
anchor
page9
valuenull
c
677.3
246.2
text"AXA"
id"p1abw4-x72v"
anchor
page9
valuenull
c
727.9
246.2
text"Foundation"
id"p1abw4-4q76"
anchor
page9
valuenull
c
775.4
246.2
text"for"
id"p1abw4-37tz"
anchor
page9
valuenull
c
809.7
246.2
text"Human"
id"p1abw4-w2h6"
anchor
page9
valuenull
c
862
246.2
text"Progress"
id"p1abw4-slnc"
anchor
page9
valuenull
c
618
263
text"with"
id"p1abw4-1tw8"
anchor
page9
valuenull
c
667
263
text"€60m/year"
id"p1abw4-6jwz"
anchor
page9
valuenull
c
730.3
263
text"endowed"
id"p1abw4-kicy"
anchor
page9
valuenull
c
767.5
263
text"by"
id"p1abw4-18gx"
anchor
page9
valuenull
c
788.5
263
text"AXA"
id"p1abw4-dirj"
anchor
page9
valuenull
c
831.1
263
text"Mutuelles"
id"p1abw4-hh44"
anchor
page9
valuenull
c
643.6
279.8
text"d’Assurances"
id"p1abw4-8462"
anchor
page9
valuenull
c
696.1
279.8
text"and"
id"p1abw4-9n08"
anchor
page9
valuenull
c
721.2
279.8
text"AXA"
id"p1abw4-klo5"
anchor
page9
valuenull
c
753.4
279.8
text"Group"
id"p1abw4-i7x5"
anchor
page9
valuenull
c
211.1
339.3
text"Employees"
id"p1abw4-2u0b"
anchor
page9
valuenull
c
683.8
339.3
text"Climate"
id"p1abw4-d2za"
anchor
page9
valuenull
c
773.5
339.3
text"transition"
id"p1abw4-8wd4"
anchor
page9
value7
c
79.5
370.2
text"€7"
id"p1abw4-n0oi"
anchor
page9
valuenull
c
112.5
370.2
text"total"
id"p1abw4-yh7s"
anchor
page9
valuenull
c
174.3
370.2
text"compensation"
id"p1abw4-ojg1"
anchor
page9
valuenull
c
234
370.2
text"paid"
id"p1abw4-0tp3"
anchor
page9
valuenull
c
255.9
370.2
text"to"
id"p1abw4-3xdg"
anchor
page9
valuenull
c
274.9
370.2
text"our"
id"p1abw4-9wd6"
anchor
page9
valuenull
c
319.7
370.2
text"employees"
id"p1abw4-lwnx"
anchor
page9
value4.6
c
623.8
370.2
text"€4.6"
id"p1abw4-7z3z"
anchor
page9
valuenull
c
653.5
370.2
text"in"
id"p1abw4-pynf"
anchor
page9
valuenull
c
693.8
370.2
text"premiums"
id"p1abw4-69fj"
anchor
page9
valuenull
c
750.6
370.2
text"related"
id"p1abw4-x6vd"
anchor
page9
valuenull
c
782.3
370.2
text"to"
id"p1abw4-cjjd"
anchor
page9
valuenull
c
822.4
370.2
text"transition"
id"p1abw4-m0ge"
anchor
page9
valuenull
c
868.7
370.2
text"with"
id"p1abw4-y3o7"
anchor
page9
valuenull
c
888
370.2
text"a"
id"p1abw4-mr5w"
anchor
page9
valuenull
c
620.3
387
text"target"
id"p1abw4-x1ap"
anchor
page9
valuenull
c
646.5
387
text"of"
id"p1abw4-r5sd"
anchor
page9
value6
c
670.7
387
text"€6"
id"p1abw4-uur8"
anchor
page9
valuenull
c
720.5
387
text"cumulated"
id"p1abw4-kyvr"
anchor
page9
valuenull
c
780.5
387
text"between"
id"p1abw4-oque"
anchor
page9
value2024
c
822.7
387
text"2024"
id"p1abw4-5fmw"
anchor
page9
valuenull
c
850.7
387
text"and"
id"p1abw4-zvpw"
anchor
page9
value2026
c
878.5
387
text"2026"
id"p1abw4-723n"
anchor
page9
value15115
c
84.7
393
text"15,115"
id"p1abw4-7vdu"
anchor
page9
valuenull
c
148.5
393
text"recruitments"
id"p1abw4-uxtd"
anchor
page9
valuenull
c
222.9
393
text"worldwide"
id"p1abw4-kj96"
anchor
page9
valuenull
c
271.6
393
text"(excl."
id"p1abw4-sb7z"
anchor
page9
valuenull
c
319.9
393
text"short-term"
id"p1abw4-u7yb"
anchor
page9
valuenull
c
91
409.8
text"contracts"
id"p1abw4-wadn"
anchor
page9
valuenull
c
131.7
409.8
text"and"
id"p1abw4-7znr"
anchor
page9
valuenull
c
171
409.8
text"trainees)"
id"p1abw4-g639"
anchor
page9
valuenull
c
226.5
409.8
text"including"
id"p1abw4-28vh"
anchor
page9
value2138
c
273.4
409.8
text"2,138"
id"p1abw4-f1b9"
anchor
page9
valuenull
c
298.6
409.8
text"in"
id"p1abw4-00o9"
anchor
page9
valuenull
c
326.9
409.8
text"France"
id"p1abw4-op0z"
anchor
page9
value6.4
c
623.8
411.8
text"€6.4"
id"p1abw4-2akx"
anchor
page9
valuenull
c
653.6
411.8
text"in"
id"p1abw4-qvye"
anchor
page9
valuenull
c
700.8
411.8
text"investments"
id"p1abw4-alma"
anchor
page9
valuenull
c
748.3
411.8
text"to"
id"p1abw4-mt2o"
anchor
page9
valuenull
c
787.8
411.8
text"accelerate"
id"p1abw4-cnbd"
anchor
page9
valuenull
c
842.9
411.8
text"climate"
id"p1abw4-hwk7"
anchor
page9
valuenull
c
631.2
428.5
text"transition"
id"p1abw4-rocq"
anchor
page9
valuenull
c
675.4
428.5
text"with"
id"p1abw4-0bua"
anchor
page9
valuenull
c
694.5
428.5
text"a"
id"p1abw4-mp9h"
anchor
page9
valuenull
c
718.6
428.5
text"target"
id"p1abw4-vwvf"
anchor
page9
valuenull
c
744.7
428.5
text"of"
id"p1abw4-ewrr"
anchor
page9
value5
c
768.8
428.5
text"€5"
id"p1abw4-pu7f"
anchor
page9
valuenull
c
812.4
428.5
text"annually"
id"p1abw4-3ms6"
anchor
page9
valuenull
c
79.7
432.6
text"More"
id"p1abw4-cn3e"
anchor
page9
valuenull
c
112.3
432.6
text"than"
id"p1abw4-vhom"
anchor
page9
value36
c
142.9
432.6
text"36%"
id"p1abw4-wgww"
anchor
page9
valuenull
c
165.3
432.6
text"of"
id"p1abw4-exke"
anchor
page9
valuenull
c
207.9
432.6
text"employees"
id"p1abw4-c7az"
anchor
page9
valuenull
c
254.2
432.6
text"are"
id"p1abw4-s6v2"
anchor
page9
valuenull
c
279
432.6
text"AXA"
id"p1abw4-pt7c"
anchor
page9
valuenull
c
334.6
432.6
text"shareholders"
id"p1abw4-g89p"
anchor
page9
valuenull
c
389.2
432.6
text"and"
id"p1abw4-eg41"
anchor
page9
valuenull
c
77.3
449.5
text"hold"
id"p1abw4-b60o"
anchor
page9
value4.82
c
111.4
449.5
text"4.82%"
id"p1abw4-gq00"
anchor
page9
valuenull
c
137.9
449.5
text"of"
id"p1abw4-kzea"
anchor
page9
valuenull
c
156.3
449.5
text"the"
id"p1abw4-sgas"
anchor
page9
valuenull
c
188.8
449.5
text"capital"
id"p1abw4-sjs8"
anchor
page9
valuenull
c
222.7
449.5
text"and"
id"p1abw4-pa00"
anchor
page9
value6.61
c
254.6
449.5
text"6.61%"
id"p1abw4-q60s"
anchor
page9
valuenull
c
281
449.5
text"of"
id"p1abw4-i78j"
anchor
page9
valuenull
c
296.9
449.5
text"its"
id"p1abw4-d4x7"
anchor
page9
valuenull
c
325.4
449.5
text"voting"
id"p1abw4-lrnu"
anchor
page9
valuenull
c
363.4
449.5
text"rights"
id"p1abw4-wyqy"
anchor
page9
value9
c
31.6
514.5
text"9"
id"p1abw4-5nzi"
anchor
page9
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-4w3x"
anchor
page9
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-6f38"
anchor
page9
value2025
c
112.2
514.5
text"2025"
id"p1abw4-5g88"
anchor
page9
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-3yf6"
anchor
page9
valuenull
c
200.4
514.5
text"February"
id"p1abw4-zpv2"
anchor
page9
value26
c
232.6
514.5
text"26"
id"p1abw4-jcj5"
anchor
page9
value2026
c
254.4
514.5
text"2026"
id"p1abw4-m7pp"
anchor
page9
valuenull
c
597.8
515.1
text"See"
id"p1abw4-48ks"
anchor
page9
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-dfgx"
anchor
page9
valuenull
c
648.5
515.1
text"for"
id"p1abw4-bbbd"
anchor
page9
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-bs8u"
anchor
page9
valuenull
c
722
515.1
text"and"
id"p1abw4-duyr"
anchor
page9
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-m6w8"
anchor
page9
valuenull
c
777.9
515.1
text"on"
id"p1abw4-ykhp"
anchor
page9
valuenull
c
795.2
515.1
text"page"
id"p1abw4-7sqz"
anchor
page9
value36
c
812.2
515.1
text"36"
id"p1abw4-mtqs"
anchor
page9
valuenull
c
821.7
515.1
text"&"
id"p1abw4-2mxl"
anchor
page9
value37
c
831.4
515.1
text"37"
id"p1abw4-i11x"
anchor
page9
valuenull
c
842
515.1
text"of"
id"p1abw4-ftxz"
anchor
page9
valuenull
c
855.3
515.1
text"this"
id"p1abw4-iqqt"
anchor
page9
valuenull
c
886.4
515.1
text"document."
id"p1abw4-715d"
anchor
page10
value2026
c
74.6
58.6
text"2026"
id"p1abw4-1gpz"
anchor
page10
valuenull
c
146.4
58.6
text"laying"
id"p1abw4-98lb"
anchor
page10
valuenull
c
205.1
58.6
text"the"
id"p1abw4-q8gb"
anchor
page10
valuenull
c
293.4
58.6
text"foundation"
id"p1abw4-8ihl"
anchor
page10
valuenull
c
379.1
58.6
text"for"
id"p1abw4-211k"
anchor
page10
valuenull
c
421
58.6
text"the"
id"p1abw4-dj73"
anchor
page10
valuenull
c
471.3
58.6
text"next"
id"p1abw4-jrr5"
anchor
page10
valuenull
c
527.2
58.6
text"plan"
id"p1abw4-1ds5"
anchor
page10
valuenull
c
122.2
313
text"CLEAR"
id"p1abw4-h9yc"
anchor
page10
valuenull
c
188.8
313
text"TECH"
id"p1abw4-0v72"
anchor
page10
valuenull
c
376.5
313
text"DRIVING"
id"p1abw4-oebv"
anchor
page10
valuenull
c
591
313
text"ENHANCING"
id"p1abw4-q6sc"
anchor
page10
valuenull
c
811.5
313.3
text"BUILDING"
id"p1abw4-gt49"
anchor
page10
valuenull
c
85.1
341.8
text"AND"
id"p1abw4-jw43"
anchor
page10
valuenull
c
122.5
341.8
text"AI"
id"p1abw4-ceyq"
anchor
page10
valuenull
c
190.1
341.8
text"ROADMAP"
id"p1abw4-81f3"
anchor
page10
valuenull
c
376.5
342.7
text"EFFICIENCY"
id"p1abw4-gtts"
anchor
page10
valuenull
c
590.9
341.8
text"CAPITAL"
id"p1abw4-wqkc"
anchor
page10
valuenull
c
808.6
342.1
text"RESILIENCE"
id"p1abw4-x3zw"
anchor
page10
valuenull
c
590.9
370.5
text"ALLOCATION"
id"p1abw4-9rcg"
anchor
page10
valuenull
c
591
399.4
text"DISCIPLINE"
id"p1abw4-1q6a"
anchor
page10
valuenull
c
274.2
455.2
text"Confidence"
id"p1abw4-xcv7"
anchor
page10
valuenull
c
355.3
455.2
text"in"
id"p1abw4-q86z"
anchor
page10
valuenull
c
453.5
455.2
text"sustaining"
id"p1abw4-rzhx"
anchor
page10
valuenull
c
584.4
455.2
text"earnings"
id"p1abw4-rkuw"
anchor
page10
valuenull
c
695.9
455.2
text"growth"
id"p1abw4-2xoi"
anchor
page10
value10
c
34.6
514.5
text"10"
id"p1abw4-rjke"
anchor
page10
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-ybo5"
anchor
page10
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-gq9e"
anchor
page10
value2025
c
112.2
514.5
text"2025"
id"p1abw4-joy3"
anchor
page10
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-zpp0"
anchor
page10
valuenull
c
200.4
514.5
text"February"
id"p1abw4-ia01"
anchor
page10
value26
c
232.6
514.5
text"26"
id"p1abw4-cm4f"
anchor
page10
value2026
c
254.4
514.5
text"2026"
id"p1abw4-82xk"
anchor
page10
valuenull
c
597.8
515.1
text"See"
id"p1abw4-kh6f"
anchor
page10
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-3xek"
anchor
page10
valuenull
c
648.5
515.1
text"for"
id"p1abw4-o8fm"
anchor
page10
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-tdj1"
anchor
page10
valuenull
c
722
515.1
text"and"
id"p1abw4-uuuy"
anchor
page10
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-7s47"
anchor
page10
valuenull
c
777.9
515.1
text"on"
id"p1abw4-vmk1"
anchor
page10
valuenull
c
795.2
515.1
text"page"
id"p1abw4-i72t"
anchor
page10
value36
c
812.2
515.1
text"36"
id"p1abw4-dbuz"
anchor
page10
valuenull
c
821.7
515.1
text"&"
id"p1abw4-to7c"
anchor
page10
value37
c
831.4
515.1
text"37"
id"p1abw4-jpvs"
anchor
page10
valuenull
c
842
515.1
text"of"
id"p1abw4-bqc3"
anchor
page10
valuenull
c
855.3
515.1
text"this"
id"p1abw4-ecmb"
anchor
page10
valuenull
c
886.4
515.1
text"document."
id"p1abw4-k4yb"
anchor
page11
value2
c
99.3
222.6
text"2"
id"p1abw4-bnw0"
anchor
page11
valuenull
c
242.1
237.1
text"Business"
id"p1abw4-ntuo"
anchor
page11
valuenull
c
491
237.1
text"Performance"
id"p1abw4-wlms"
anchor
page11
valuenull
c
212
291.4
text"Guillaume"
id"p1abw4-6hbc"
anchor
page11
valuenull
c
311.8
291.4
text"Borie"
id"p1abw4-mqn9"
anchor
page11
valuenull
c
182.4
322.8
text"Global"
id"p1abw4-1qh2"
anchor
page11
valuenull
c
245.1
322.8
text"Head"
id"p1abw4-70qw"
anchor
page11
valuenull
c
285.4
322.8
text"of"
id"p1abw4-1zlf"
anchor
page11
valuenull
c
341.1
322.8
text"Finance,"
id"p1abw4-uemy"
anchor
page11
valuenull
c
432.1
322.8
text"Strategy,"
id"p1abw4-y57b"
anchor
page11
valuenull
c
549
322.8
text"Underwriting,"
id"p1abw4-vbmv"
anchor
page11
valuenull
c
641.7
322.8
text"Risk"
id"p1abw4-tvll"
anchor
page11
valuenull
c
685.6
322.8
text"and"
id"p1abw4-74us"
anchor
page11
valuenull
c
766.1
322.8
text"Technology"
id"p1abw4-l9m7"
anchor
page11
value11
c
34.9
514.5
text"11"
id"p1abw4-x4zg"
anchor
page11
valuenull
c
64.9
514.5
text"Full"
id"p1abw4-9hke"
anchor
page11
valuenull
c
88.4
514.5
text"Year"
id"p1abw4-362p"
anchor
page11
value2025
c
114.8
514.5
text"2025"
id"p1abw4-8qnl"
anchor
page11
valuenull
c
152.6
514.5
text"Earnings"
id"p1abw4-q2jo"
anchor
page11
valuenull
c
206.9
514.5
text"February"
id"p1abw4-3qt4"
anchor
page11
value26
c
240.5
514.5
text"26"
id"p1abw4-1o9c"
anchor
page11
value2026
c
263.2
514.5
text"2026"
id"p1abw4-6xo8"
anchor
page12
valuenull
c
94.5
58.6
text"Excellent"
id"p1abw4-eaiq"
anchor
page12
valuenull
c
225.8
58.6
text"performance"
id"p1abw4-4o33"
anchor
page12
valuenull
c
316.4
58.6
text"in"
id"p1abw4-5ork"
anchor
page12
valuenull
c
346.5
58.6
text"all"
id"p1abw4-usub"
anchor
page12
valuenull
c
385.5
58.6
text"our"
id"p1abw4-03he"
anchor
page12
valuenull
c
480.8
58.6
text"geographies"
id"p1abw4-2lnc"
anchor
page12
valuenull
c
715.9
132.8
text"UNDERLYING"
id"p1abw4-2ur2"
anchor
page12
valuenull
c
533.8
142.2
text"GWP"
id"p1abw4-o4wo"
anchor
page12
valuenull
c
715.8
152.3
text"EARNINGS"
id"p1abw4-a9lj"
anchor
page12
value31
c
532.3
195.4
text"€31"
id"p1abw4-y899"
anchor
page12
value2.2
c
714.4
195.5
text"€2.2"
id"p1abw4-xvcn"
anchor
page12
valuenull
c
168.5
194.6
text"France"
id"p1abw4-4lnw"
anchor
page12
value27
c
126
215.2
text"27%"
id"p1abw4-9y9j"
anchor
page12
valuenull
c
152.8
215.2
text"of"
id"p1abw4-lbxf"
anchor
page12
valuenull
c
180.7
215.2
text"total"
id"p1abw4-ylou"
anchor
page12
valuenull
c
219.7
215.2
text"GWP1)"
id"p1abw4-qi8q"
anchor
page12
value6
c
535.2
220.8
text"+6%"
id"p1abw4-5dyi"
anchor
page12
value7
c
717.2
220.9
text"+7%"
id"p1abw4-g633"
anchor
page12
value43
c
513
277.6
text"€43"
id"p1abw4-79dl"
anchor
page12
value3.5
c
714.5
277.6
text"€3.5"
id"p1abw4-efpj"
anchor
page12
valuenull
c
168.4
277.6
text"Europe"
id"p1abw4-veu0"
anchor
page12
valuenull
c
566.8
280.6
text"bn"
id"p1abw4-t1ez"
anchor
page12
value38
c
126
298.2
text"38%"
id"p1abw4-d1u8"
anchor
page12
valuenull
c
152.8
298.2
text"of"
id"p1abw4-aun0"
anchor
page12
valuenull
c
180.7
298.2
text"total"
id"p1abw4-5nfb"
anchor
page12
valuenull
c
219.7
298.2
text"GWP1)"
id"p1abw4-my0b"
anchor
page12
value6
c
535.2
303.1
text"+6%"
id"p1abw4-luln"
anchor
page12
value9
c
717.2
303.1
text"+9%"
id"p1abw4-bwba"
anchor
page12
value19
c
532.2
359.6
text"€19"
id"p1abw4-kuuu"
anchor
page12
value1.9
c
714.4
359.6
text"€1.9"
id"p1abw4-qdgj"
anchor
page12
valuenull
c
151.7
360.7
text"AXA"
id"p1abw4-z73y"
anchor
page12
valuenull
c
188.6
360.7
text"XL"
id"p1abw4-mv4o"
anchor
page12
value17
c
126
381.4
text"17%"
id"p1abw4-9wy0"
anchor
page12
valuenull
c
152.8
381.4
text"of"
id"p1abw4-1lux"
anchor
page12
valuenull
c
180.7
381.4
text"total"
id"p1abw4-1nnv"
anchor
page12
valuenull
c
219.7
381.4
text"GWP1)"
id"p1abw4-4g4w"
anchor
page12
value4
c
535.2
385.1
text"+4%"
id"p1abw4-7lte"
anchor
page12
value9
c
717.2
385.1
text"+9%"
id"p1abw4-jxem"
anchor
page12
valuenull
c
123.2
427
text"Asia,"
id"p1abw4-4hr6"
anchor
page12
valuenull
c
180.2
427
text"Africa"
id"p1abw4-k0nz"
anchor
page12
valuenull
c
222.1
427
text"&"
id"p1abw4-5l8a"
anchor
page12
value20
c
510.6
441.8
text"€20"
id"p1abw4-2prq"
anchor
page12
value1.5
c
714.4
441.8
text"€1.5"
id"p1abw4-2vf0"
anchor
page12
valuenull
c
568.5
444.8
text"bn"
id"p1abw4-z0j7"
anchor
page12
valuenull
c
127.4
452.2
text"EME"
id"p1abw4-gyqn"
anchor
page12
valuenull
c
195.1
452.2
text"-LATAM"
id"p1abw4-10sg"
anchor
page12
value13
c
534.9
467.2
text"+13%"
id"p1abw4-xzp6"
anchor
page12
value6
c
717.2
467.2
text"+6%"
id"p1abw4-soi5"
anchor
page12
value18
c
126.1
471.5
text"18%"
id"p1abw4-j6tl"
anchor
page12
valuenull
c
152.9
471.5
text"of"
id"p1abw4-c6mr"
anchor
page12
valuenull
c
180.8
471.5
text"total"
id"p1abw4-gyqx"
anchor
page12
valuenull
c
219.7
471.5
text"GWP1)"
id"p1abw4-oi9r"
anchor
page12
value12
c
34.6
514.5
text"12"
id"p1abw4-0b9q"
anchor
page12
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-ueqr"
anchor
page12
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-z4s5"
anchor
page12
value2025
c
112.2
514.5
text"2025"
id"p1abw4-njft"
anchor
page12
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-llr8"
anchor
page12
valuenull
c
200.4
514.5
text"February"
id"p1abw4-6jq6"
anchor
page12
value26
c
232.6
514.5
text"26"
id"p1abw4-6nbx"
anchor
page12
value2026
c
254.4
514.5
text"2026"
id"p1abw4-rc68"
anchor
page12
valuenull
c
597.8
515.1
text"See"
id"p1abw4-9a38"
anchor
page12
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-t34q"
anchor
page12
valuenull
c
648.5
515.1
text"for"
id"p1abw4-pqls"
anchor
page12
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-qdj3"
anchor
page12
valuenull
c
722
515.1
text"and"
id"p1abw4-bu00"
anchor
page12
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-djrs"
anchor
page12
valuenull
c
777.9
515.1
text"on"
id"p1abw4-n3ze"
anchor
page12
valuenull
c
795.2
515.1
text"page"
id"p1abw4-pkax"
anchor
page12
value36
c
812.2
515.1
text"36"
id"p1abw4-r9zo"
anchor
page12
valuenull
c
821.7
515.1
text"&"
id"p1abw4-fsk5"
anchor
page12
value37
c
831.4
515.1
text"37"
id"p1abw4-h04b"
anchor
page12
valuenull
c
842
515.1
text"of"
id"p1abw4-bmxc"
anchor
page12
valuenull
c
855.3
515.1
text"this"
id"p1abw4-iq0i"
anchor
page12
valuenull
c
886.4
515.1
text"document."
id"p1abw4-1tv0"
anchor
page13
valuenull
c
175.9
55.3
text"I"
id"p1abw4-bal8"
anchor
page13
valuenull
c
129.1
58.6
text"P&C"
id"p1abw4-2sqi"
anchor
page13
valuenull
c
228.8
58.6
text"Strong"
id"p1abw4-gtbm"
anchor
page13
valuenull
c
328.6
58.6
text"margins"
id"p1abw4-qd7i"
anchor
page13
valuenull
c
464.4
58.6
text"confidence"
id"p1abw4-6fc1"
anchor
page13
valuenull
c
562.2
58.6
text"in"
id"p1abw4-uhb8"
anchor
page13
valuenull
c
640.8
58.6
text"sustaining"
id"p1abw4-o0cw"
anchor
page13
valuenull
c
763.8
58.6
text"growth"
id"p1abw4-621h"
anchor
page13
value2025
c
561.5
172.2
text"2025"
id"p1abw4-m6kj"
anchor
page13
valuenull
c
763.2
172.2
text"BEYOND"
id"p1abw4-g6mk"
anchor
page13
value2025
c
821.4
172.2
text"2025"
id"p1abw4-mrtn"
anchor
page13
valuenull
c
239.1
182.8
text"Retail"
id"p1abw4-x3u1"
anchor
page13
valuenull
c
97.3
211.4
text"SME"
id"p1abw4-hf80"
anchor
page13
valuenull
c
82.3
228.2
text"&"
id"p1abw4-zrzr"
anchor
page13
valuenull
c
102.1
228.2
text"Mid"
id"p1abw4-yqd4"
anchor
page13
value58
c
184.3
236.2
text"€58"
id"p1abw4-2b31"
anchor
page13
valuenull
c
755
229
text"Investing"
id"p1abw4-lt4z"
anchor
page13
valuenull
c
790.5
229
text"to"
id"p1abw4-a51s"
anchor
page13
valuenull
c
823.9
229
text"improve"
id"p1abw4-9vgu"
anchor
page13
valuenull
c
878.9
229
text"customer"
id"p1abw4-5lu0"
anchor
page13
valuenull
c
374.6
237
text"Retail"
id"p1abw4-ok9d"
anchor
page13
valuenull
c
420.4
237
text"and"
id"p1abw4-a9ap"
anchor
page13
valuenull
c
566.6
236.8
text"Growing"
id"p1abw4-bt5b"
anchor
page13
valuenull
c
618.8
236.8
text"volumes"
id"p1abw4-x42r"
anchor
page13
valuenull
c
662.5
236.8
text"while"
id"p1abw4-zt3g"
anchor
page13
valuenull
c
95.8
245.1
text"market"
id"p1abw4-ab4y"
anchor
page13
valuenull
c
755.5
245.8
text"retention"
id"p1abw4-twev"
anchor
page13
valuenull
c
789.8
245.8
text"&"
id"p1abw4-lz2a"
anchor
page13
valuenull
c
827.6
245.8
text"expanding"
id"p1abw4-th24"
anchor
page13
valuenull
c
572.8
253.7
text"expanding"
id"p1abw4-9dca"
anchor
page13
valuenull
c
630
253.7
text"margins"
id"p1abw4-at13"
anchor
page13
valuenull
c
186.4
265.4
text"GWP"
id"p1abw4-07ne"
anchor
page13
valuenull
c
370
258.6
text"SME"
id"p1abw4-6ry5"
anchor
page13
valuenull
c
400.1
258.6
text"&"
id"p1abw4-j6lz"
anchor
page13
valuenull
c
425.9
258.6
text"Mid"
id"p1abw4-ez7v"
anchor
page13
valuenull
c
472.6
258.6
text"-market"
id"p1abw4-mx2a"
anchor
page13
valuenull
c
762.6
262.6
text"distribution"
id"p1abw4-fsae"
anchor
page13
valuenull
c
826.1
262.6
text"footprint"
id"p1abw4-jrog"
anchor
page13
valuenull
c
168.9
323.4
text"AXA"
id"p1abw4-18nd"
anchor
page13
valuenull
c
191.3
323.4
text"XL"
id"p1abw4-6jws"
anchor
page13
value2
c
209.2
320.5
text"2"
id"p1abw4-smw7"
anchor
page13
valuenull
c
762.8
330.1
text"Capitalizing"
id"p1abw4-9ei9"
anchor
page13
valuenull
c
807.6
330.1
text"on"
id"p1abw4-2vg9"
anchor
page13
valuenull
c
846.4
330.1
text"attractive"
id"p1abw4-ikge"
anchor
page13
valuenull
c
141.2
338.6
text"(Large"
id"p1abw4-naaw"
anchor
page13
valuenull
c
167.2
338.6
text"&"
id"p1abw4-4gvo"
anchor
page13
valuenull
c
203.8
338.6
text"Specialty)"
id"p1abw4-ny5r"
anchor
page13
valuenull
c
367.5
337.9
text"AXA"
id"p1abw4-6wor"
anchor
page13
valuenull
c
402.1
337.9
text"XL"
id"p1abw4-9vte"
anchor
page13
valuenull
c
571
338.6
text"Profitable"
id"p1abw4-dwlq"
anchor
page13
valuenull
c
623.8
338.6
text"growth"
id"p1abw4-7pxd"
anchor
page13
valuenull
c
660.3
338.6
text"with"
id"p1abw4-ylns"
anchor
page13
valuenull
c
749
347
text"growth"
id"p1abw4-ncjt"
anchor
page13
valuenull
c
812.8
347
text"opportunities"
id"p1abw4-gbmt"
anchor
page13
valuenull
c
867
347
text"and"
id"p1abw4-4qy1"
anchor
page13
valuenull
c
560
355.4
text"stable"
id"p1abw4-ly4p"
anchor
page13
valuenull
c
604.5
355.4
text"margins"
id"p1abw4-o4n5"
anchor
page13
valuenull
c
375.1
361.5
text"(Large"
id"p1abw4-ikzs"
anchor
page13
valuenull
c
415.9
361.5
text"&"
id"p1abw4-b4n6"
anchor
page13
valuenull
c
462.4
361.5
text"Specialty)"
id"p1abw4-ffd3"
anchor
page13
valuenull
c
758
363.8
text"continued"
id"p1abw4-yzhj"
anchor
page13
valuenull
c
805.6
363.8
text"cycle"
id"p1abw4-6nct"
anchor
page13
valuenull
c
862.6
363.8
text"management"
id"p1abw4-h0nu"
anchor
page13
value9
c
236.8
417
text"+9%"
id"p1abw4-exy4"
anchor
page13
value1
c
287.9
395.9
text"1"
id"p1abw4-uexs"
anchor
page13
valuenull
c
110.2
406.6
text"UNDERLYING"
id"p1abw4-un4a"
anchor
page13
valuenull
c
98.8
430.6
text"EARNINGS"
id"p1abw4-xw22"
anchor
page13
valuenull
c
211.1
449.4
text"to"
id"p1abw4-q4bs"
anchor
page13
value5.9
c
247.7
449.4
text"€5.9"
id"p1abw4-j3vo"
anchor
page13
value13
c
34.6
514.5
text"13"
id"p1abw4-1u3f"
anchor
page13
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-p9xl"
anchor
page13
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-n6z9"
anchor
page13
value2025
c
112.2
514.5
text"2025"
id"p1abw4-iya7"
anchor
page13
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-0mfo"
anchor
page13
valuenull
c
200.4
514.5
text"February"
id"p1abw4-o5rr"
anchor
page13
value26
c
232.6
514.5
text"26"
id"p1abw4-2my3"
anchor
page13
value2026
c
254.4
514.5
text"2026"
id"p1abw4-fwai"
anchor
page13
valuenull
c
597.8
515.1
text"See"
id"p1abw4-d7u1"
anchor
page13
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-xwwj"
anchor
page13
valuenull
c
648.5
515.1
text"for"
id"p1abw4-jvbf"
anchor
page13
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-2f60"
anchor
page13
valuenull
c
722
515.1
text"and"
id"p1abw4-fhxa"
anchor
page13
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-y516"
anchor
page13
valuenull
c
777.9
515.1
text"on"
id"p1abw4-yjhq"
anchor
page13
valuenull
c
795.2
515.1
text"page"
id"p1abw4-n2ur"
anchor
page13
value36
c
812.2
515.1
text"36"
id"p1abw4-pq8k"
anchor
page13
valuenull
c
821.7
515.1
text"&"
id"p1abw4-ndl7"
anchor
page13
value37
c
831.4
515.1
text"37"
id"p1abw4-2i3x"
anchor
page13
valuenull
c
842
515.1
text"of"
id"p1abw4-xq3k"
anchor
page13
valuenull
c
855.3
515.1
text"this"
id"p1abw4-4g5p"
anchor
page13
valuenull
c
886.4
515.1
text"document."
id"p1abw4-acjq"
anchor
page14
valuenull
c
290.5
40.1
text"I"
id"p1abw4-tw3r"
anchor
page14
valuenull
c
125.2
43.5
text"Life"
id"p1abw4-jy7e"
anchor
page14
valuenull
c
161.4
43.5
text"&"
id"p1abw4-9fz5"
anchor
page14
valuenull
c
214.8
43.5
text"Health"
id"p1abw4-loai"
anchor
page14
valuenull
c
337.1
43.5
text"Good"
id"p1abw4-n7lp"
anchor
page14
valuenull
c
449.2
43.5
text"momentum"
id"p1abw4-vc9l"
anchor
page14
valuenull
c
571.6
43.5
text"well"
id"p1abw4-n4fk"
anchor
page14
valuenull
c
670.1
43.5
text"positioned"
id"p1abw4-8i8i"
anchor
page14
valuenull
c
766.8
43.5
text"to"
id"p1abw4-itg0"
anchor
page14
valuenull
c
829
43.5
text"capture"
id"p1abw4-ddh8"
anchor
page14
valuenull
c
145.8
73.7
text"growth"
id"p1abw4-8lkx"
anchor
page14
valuenull
c
282.2
73.7
text"opportunities"
id"p1abw4-2iwz"
anchor
page14
value2025
c
561.5
172.2
text"2025"
id"p1abw4-5kp2"
anchor
page14
valuenull
c
759.2
172.2
text"BEYOND"
id"p1abw4-fpls"
anchor
page14
value2025
c
817.3
172.2
text"2025"
id"p1abw4-99lb"
anchor
page14
valuenull
c
227.9
179.8
text"Protection"
id"p1abw4-lhm4"
anchor
page14
valuenull
c
578.3
218.7
text"Competitive"
id"p1abw4-93kr"
anchor
page14
valuenull
c
650.9
218.7
text"advantages"
id"p1abw4-2u3v"
anchor
page14
value57
c
184.3
236.2
text"€57"
id"p1abw4-3iqs"
anchor
page14
valuenull
c
555.3
235.4
text"with"
id"p1abw4-17hi"
anchor
page14
valuenull
c
602
235.4
text"innovative"
id"p1abw4-dhut"
anchor
page14
valuenull
c
661.7
235.4
text"products"
id"p1abw4-gcro"
anchor
page14
valuenull
c
95.8
241.4
text"Health"
id"p1abw4-3sch"
anchor
page14
valuenull
c
378
244
text"Health"
id"p1abw4-m6vh"
anchor
page14
valuenull
c
574.8
252.3
text"integrating"
id"p1abw4-80kk"
anchor
page14
valuenull
c
625.2
252.3
text"more"
id"p1abw4-fogg"
anchor
page14
valuenull
c
186.4
265.4
text"GWP"
id"p1abw4-971o"
anchor
page14
valuenull
c
574.5
269.1
text"prevention"
id"p1abw4-yr60"
anchor
page14
valuenull
c
761.2
270
text"Capitalizing"
id"p1abw4-snhd"
anchor
page14
valuenull
c
806
270
text"on"
id"p1abw4-suqr"
anchor
page14
valuenull
c
840.8
270
text"demand"
id"p1abw4-oo8w"
anchor
page14
valuenull
c
734.6
286.8
text"for"
id"p1abw4-i4xh"
anchor
page14
valuenull
c
764.5
286.8
text"health"
id"p1abw4-kayl"
anchor
page14
valuenull
c
790.4
286.8
text"&"
id"p1abw4-wq9b"
anchor
page14
valuenull
c
828.3
286.8
text"protection"
id"p1abw4-fm0g"
anchor
page14
valuenull
c
742.3
303.5
text"while"
id"p1abw4-6rkl"
anchor
page14
valuenull
c
781.3
303.5
text"further"
id"p1abw4-shiy"
anchor
page14
valuenull
c
834.6
303.5
text"improving"
id"p1abw4-8dph"
anchor
page14
valuenull
c
573.1
321
text"Continued"
id"p1abw4-hve4"
anchor
page14
valuenull
c
625.5
321
text"strong"
id"p1abw4-a1qf"
anchor
page14
valuenull
c
736.5
320.4
text"our"
id"p1abw4-ghen"
anchor
page14
valuenull
c
773.2
320.4
text"margins"
id"p1abw4-ahfe"
anchor
page14
valuenull
c
168.2
336.8
text"G/A"
id"p1abw4-d9kp"
anchor
page14
valuenull
c
203.3
336.8
text"Savings"
id"p1abw4-f8so"
anchor
page14
valuenull
c
577
337.8
text"commercial"
id"p1abw4-89mp"
anchor
page14
valuenull
c
651.2
337.8
text"momentum,"
id"p1abw4-7oop"
anchor
page14
valuenull
c
390.8
346.1
text"Protection"
id"p1abw4-dw5t"
anchor
page14
valuenull
c
571.4
354.5
text"especially"
id"p1abw4-g3kc"
anchor
page14
valuenull
c
608.8
354.5
text"in"
id"p1abw4-k7qw"
anchor
page14
valuenull
c
635.4
354.5
text"Japan"
id"p1abw4-yu6b"
anchor
page14
valuenull
c
667.3
354.5
text"and"
id"p1abw4-7gl5"
anchor
page14
valuenull
c
577.2
371.4
text"Switzerland"
id"p1abw4-bq9c"
anchor
page14
value7
c
236.9
417
text"+7%"
id"p1abw4-ld81"
anchor
page14
value1
c
287.9
395.9
text"1"
id"p1abw4-olwz"
anchor
page14
valuenull
c
110.2
406.6
text"UNDERLYING"
id"p1abw4-1nph"
anchor
page14
valuenull
c
755.6
414.9
text"Capturing"
id"p1abw4-ktsh"
anchor
page14
valuenull
c
809
414.9
text"savings"
id"p1abw4-amti"
anchor
page14
valuenull
c
837.7
414.9
text"&"
id"p1abw4-ikt1"
anchor
page14
valuenull
c
876.1
414.9
text"retirement"
id"p1abw4-fwrk"
anchor
page14
valuenull
c
577.1
423.2
text"Accelerating"
id"p1abw4-pqt8"
anchor
page14
valuenull
c
625.3
423.2
text"net"
id"p1abw4-5nlc"
anchor
page14
valuenull
c
652.6
423.2
text"flows"
id"p1abw4-864p"
anchor
page14
valuenull
c
98.8
430.6
text"EARNINGS"
id"p1abw4-viem"
anchor
page14
valuenull
c
763.5
431.6
text"opportunity,"
id"p1abw4-f30c"
anchor
page14
valuenull
c
828.4
431.6
text"sourcing"
id"p1abw4-qinx"
anchor
page14
valuenull
c
868.9
431.6
text"best"
id"p1abw4-dh45"
anchor
page14
valuenull
c
368.1
442.6
text"G/A"
id"p1abw4-hkuc"
anchor
page14
valuenull
c
413.9
442.6
text"Savings"
id"p1abw4-8vcn"
anchor
page14
valuenull
c
546.2
440
text"in"
id"p1abw4-q47m"
anchor
page14
valuenull
c
576.5
440
text"Savings"
id"p1abw4-rojq"
anchor
page14
valuenull
c
606.9
440
text"at"
id"p1abw4-49yv"
anchor
page14
valuenull
c
643
440
text"attractive"
id"p1abw4-egdn"
anchor
page14
valuenull
c
211.1
449.4
text"to"
id"p1abw4-x9bg"
anchor
page14
value3.5
c
247.7
449.4
text"€3.5"
id"p1abw4-x68g"
anchor
page14
valuenull
c
741.6
448.5
text"asset"
id"p1abw4-s0a2"
anchor
page14
valuenull
c
799
448.5
text"management"
id"p1abw4-afum"
anchor
page14
valuenull
c
867
448.5
text"products"
id"p1abw4-ua1f"
anchor
page14
valuenull
c
564.2
456.9
text"margins"
id"p1abw4-x8ai"
anchor
page14
valuenull
c
734.6
465.2
text"for"
id"p1abw4-hs7t"
anchor
page14
valuenull
c
755.8
465.2
text"our"
id"p1abw4-9kgv"
anchor
page14
valuenull
c
799.5
465.2
text"customers"
id"p1abw4-o7pb"
anchor
page14
value14
c
34.6
514.5
text"14"
id"p1abw4-ohl7"
anchor
page14
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-a8ve"
anchor
page14
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-29jf"
anchor
page14
value2025
c
112.2
514.5
text"2025"
id"p1abw4-bgmz"
anchor
page14
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-9eq4"
anchor
page14
valuenull
c
200.4
514.5
text"February"
id"p1abw4-q44k"
anchor
page14
value26
c
232.6
514.5
text"26"
id"p1abw4-k4av"
anchor
page14
value2026
c
254.4
514.5
text"2026"
id"p1abw4-owbq"
anchor
page14
valuenull
c
597.8
515.1
text"See"
id"p1abw4-fitj"
anchor
page14
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-7vvm"
anchor
page14
valuenull
c
648.5
515.1
text"for"
id"p1abw4-dfum"
anchor
page14
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-h29z"
anchor
page14
valuenull
c
722
515.1
text"and"
id"p1abw4-3mz3"
anchor
page14
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-z14t"
anchor
page14
valuenull
c
777.9
515.1
text"on"
id"p1abw4-i4j0"
anchor
page14
valuenull
c
795.2
515.1
text"page"
id"p1abw4-m6j8"
anchor
page14
value36
c
812.2
515.1
text"36"
id"p1abw4-koyk"
anchor
page14
valuenull
c
821.7
515.1
text"&"
id"p1abw4-ykdq"
anchor
page14
value37
c
831.4
515.1
text"37"
id"p1abw4-o8uz"
anchor
page14
valuenull
c
842
515.1
text"of"
id"p1abw4-sivn"
anchor
page14
valuenull
c
855.3
515.1
text"this"
id"p1abw4-q46n"
anchor
page14
valuenull
c
886.4
515.1
text"document."
id"p1abw4-0d35"
anchor
page15
valuenull
c
87.4
58.6
text"Pioneer"
id"p1abw4-g2kq"
anchor
page15
valuenull
c
148.1
58.6
text"in"
id"p1abw4-x4e2"
anchor
page15
valuenull
c
184.6
58.6
text"our"
id"p1abw4-lyx8"
anchor
page15
valuenull
c
257.1
58.6
text"industry"
id"p1abw4-gmc9"
anchor
page15
valuenull
c
320.6
58.6
text"in"
id"p1abw4-7fno"
anchor
page15
valuenull
c
383.5
58.6
text"artificial"
id"p1abw4-3jot"
anchor
page15
valuenull
c
501.4
58.6
text"intelligence"
id"p1abw4-r4sb"
anchor
page15
valuenull
c
177.4
164
text"Artificial"
id"p1abw4-ufw3"
anchor
page15
valuenull
c
318
164
text"intelligence"
id"p1abw4-vrob"
anchor
page15
valuenull
c
71.7
237.2
text"A"
id"p1abw4-oebx"
anchor
page15
valuenull
c
101.6
237.2
text"better"
id"p1abw4-5qjg"
anchor
page15
valuenull
c
160.4
237.2
text"customer"
id"p1abw4-qube"
anchor
page15
valuenull
c
236.2
237.2
text"experience"
id"p1abw4-yl2p"
anchor
page15
valuenull
c
293
237.2
text"with"
id"p1abw4-u9s9"
anchor
page15
valuenull
c
400.1
237.2
text"Acceleration"
id"p1abw4-id43"
anchor
page15
valuenull
c
454.9
237.2
text"of"
id"p1abw4-z1rd"
anchor
page15
valuenull
c
490
237.2
text"scaling"
id"p1abw4-u9u2"
anchor
page15
valuenull
c
542.5
237.2
text"thanks"
id"p1abw4-sq20"
anchor
page15
valuenull
c
577.5
237.2
text"to"
id"p1abw4-x1g3"
anchor
page15
valuenull
c
654.4
237.2
text"An"
id"p1abw4-jt3s"
anchor
page15
valuenull
c
701.8
237.2
text"attractive"
id"p1abw4-k2yu"
anchor
page15
valuenull
c
761.1
237.2
text"brand"
id"p1abw4-pf4f"
anchor
page15
valuenull
c
815.5
237.2
text"retaining"
id"p1abw4-pyqc"
anchor
page15
valuenull
c
872
237.2
text"talents"
id"p1abw4-cz85"
anchor
page15
valuenull
c
75.5
256.4
text"an"
id"p1abw4-e5vx"
anchor
page15
valuenull
c
111.6
256.4
text"holistic"
id"p1abw4-ydij"
anchor
page15
valuenull
c
171.1
256.4
text"approach"
id"p1abw4-0yn6"
anchor
page15
valuenull
c
215.9
256.4
text"for"
id"p1abw4-q567"
anchor
page15
valuenull
c
250.8
256.4
text"simple"
id"p1abw4-i1bv"
anchor
page15
valuenull
c
382
256.4
text"agentic"
id"p1abw4-8w0o"
anchor
page15
valuenull
c
418.4
256.4
text"AI"
id"p1abw4-1wp8"
anchor
page15
valuenull
c
658
256.4
text"and"
id"p1abw4-lnf3"
anchor
page15
valuenull
c
706.8
256.4
text"upskilling"
id"p1abw4-7cfh"
anchor
page15
valuenull
c
763.1
256.4
text"teams"
id"p1abw4-q3ha"
anchor
page15
valuenull
c
96.2
275.5
text"inquiries"
id"p1abw4-i2hs"
anchor
page15
valuenull
c
389.2
287.5
text"EXAMPLE:"
id"p1abw4-heyu"
anchor
page15
valuenull
c
464.3
287.5
text"Augmented"
id"p1abw4-odp7"
anchor
page15
valuenull
c
524
287.5
text"Sales"
id"p1abw4-pst0"
anchor
page15
valuenull
c
564
287.5
text"force,"
id"p1abw4-krfl"
anchor
page15
valuenull
c
678.5
287.5
text"EXAMPLE:"
id"p1abw4-w99e"
anchor
page15
valuenull
c
728.5
287.5
text"AXA"
id"p1abw4-463s"
anchor
page15
valuenull
c
779.3
287.5
text"mobilizes"
id"p1abw4-e44l"
anchor
page15
valuenull
c
832.5
287.5
text"over"
id"p1abw4-0p5j"
anchor
page15
value2000
c
871
287.5
text"2,000"
id"p1abw4-u038"
anchor
page15
valuenull
c
100.3
306.8
text"EXAMPLE:"
id"p1abw4-e8b4"
anchor
page15
valuenull
c
150.3
306.8
text"AXA"
id"p1abw4-rvvn"
anchor
page15
valuenull
c
191.4
306.8
text"Agents"
id"p1abw4-9uj1"
anchor
page15
valuenull
c
239.4
306.8
text"Assist"
id"p1abw4-81rp"
anchor
page15
valuenull
c
388.1
306.8
text"Empower"
id"p1abw4-affl"
anchor
page15
valuenull
c
467.4
306.8
text"Underwriters"
id"p1abw4-s8zu"
anchor
page15
valuenull
c
548.4
306.8
text"Decisions,"
id"p1abw4-6tes"
anchor
page15
valuenull
c
672.1
306.8
text"experts"
id"p1abw4-8i53"
anchor
page15
valuenull
c
733.2
306.8
text"(product,"
id"p1abw4-mn8o"
anchor
page15
valuenull
c
809.4
306.8
text"engineering,"
id"p1abw4-29fo"
anchor
page15
valuenull
c
865.5
306.8
text"UX,"
id"p1abw4-y16b"
anchor
page15
valuenull
c
97
326
text"supports"
id"p1abw4-xkfr"
anchor
page15
value1
c
134.3
326
text"1"
id"p1abw4-d5ty"
anchor
page15
valuenull
c
166.7
326
text"million"
id"p1abw4-dwkr"
anchor
page15
valuenull
c
210.9
326
text"calls"
id"p1abw4-y73r"
anchor
page15
valuenull
c
242.2
326
text"per"
id"p1abw4-0yfc"
anchor
page15
valuenull
c
273
326
text"year"
id"p1abw4-wbb4"
anchor
page15
valuenull
c
391
326
text"Document"
id"p1abw4-o2mm"
anchor
page15
valuenull
c
465.5
326
text"Processing"
id"p1abw4-4z6r"
anchor
page15
valuenull
c
517.8
326
text"and"
id"p1abw4-jqkl"
anchor
page15
valuenull
c
570.1
326
text"Extraction,"
id"p1abw4-xxo9"
anchor
page15
valuenull
c
684.2
326
text"research…)"
id"p1abw4-byx0"
anchor
page15
valuenull
c
739.1
326
text"and"
id"p1abw4-tu3k"
anchor
page15
valuenull
c
772.8
326
text"hired"
id"p1abw4-pd51"
anchor
page15
valuenull
c
811
326
text"more"
id"p1abw4-518k"
anchor
page15
valuenull
c
847.4
326
text"than"
id"p1abw4-fi7b"
anchor
page15
value900
c
878.9
326
text"900"
id"p1abw4-gm3q"
anchor
page15
valuenull
c
73.7
345.1
text"in"
id"p1abw4-xjty"
anchor
page15
valuenull
c
101.8
345.1
text"Swiss"
id"p1abw4-m2an"
anchor
page15
valuenull
c
135.7
345.1
text"call"
id"p1abw4-u8k5"
anchor
page15
valuenull
c
174.1
345.1
text"center."
id"p1abw4-1xg3"
anchor
page15
valuenull
c
378.7
345.1
text"Claims"
id"p1abw4-a0e8"
anchor
page15
valuenull
c
431.4
345.1
text"Handler"
id"p1abw4-8iye"
anchor
page15
valuenull
c
490.7
345.1
text"Support,"
id"p1abw4-e4k1"
anchor
page15
valuenull
c
559.9
345.1
text"Prevention"
id"p1abw4-r6an"
anchor
page15
valuenull
c
661.5
345.1
text"data"
id"p1abw4-jptu"
anchor
page15
valuenull
c
714.3
345.1
text"scientists"
id"p1abw4-egxc"
anchor
page15
valuenull
c
764.5
345.1
text"and"
id"p1abw4-3e1a"
anchor
page15
valuenull
c
797.1
345.1
text"data"
id"p1abw4-53in"
anchor
page15
valuenull
c
851.1
345.1
text"engineers"
id"p1abw4-17mj"
anchor
page15
valuenull
c
369
364.4
text"and"
id"p1abw4-ruzk"
anchor
page15
valuenull
c
421.4
364.4
text"Advisory…"
id"p1abw4-fi3c"
anchor
page15
valuenull
c
112.1
368.5
text"SmartInAXA,"
id"p1abw4-qyl3"
anchor
page15
valuenull
c
209.8
368.5
text"conversational"
id"p1abw4-mp8t"
anchor
page15
valuenull
c
269.1
368.5
text"AI"
id"p1abw4-xpug"
anchor
page15
valuenull
c
86.4
387.6
text"agent"
id"p1abw4-fcaa"
anchor
page15
valuenull
c
125
387.6
text"used"
id"p1abw4-9b7q"
anchor
page15
valuenull
c
160.6
387.6
text"daily"
id"p1abw4-w4pg"
anchor
page15
valuenull
c
188.3
387.6
text"by"
id"p1abw4-3qdi"
anchor
page15
valuenull
c
217.3
387.6
text"more"
id"p1abw4-q252"
anchor
page15
valuenull
c
253.7
387.6
text"than"
id"p1abw4-a1fe"
anchor
page15
value2000
c
290.3
387.6
text"2,000"
id"p1abw4-lmcj"
anchor
page15
valuenull
c
96.6
406.9
text"agencies"
id"p1abw4-uhxl"
anchor
page15
valuenull
c
135.6
406.9
text"in"
id"p1abw4-v4uc"
anchor
page15
valuenull
c
167.8
406.9
text"France"
id"p1abw4-thba"
anchor
page15
value15
c
34.6
514.5
text"15"
id"p1abw4-cuwn"
anchor
page15
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-8ns6"
anchor
page15
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-jbz3"
anchor
page15
value2025
c
112.2
514.5
text"2025"
id"p1abw4-w22k"
anchor
page15
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-37om"
anchor
page15
valuenull
c
200.4
514.5
text"February"
id"p1abw4-vqpc"
anchor
page15
value26
c
232.6
514.5
text"26"
id"p1abw4-uctt"
anchor
page15
value2026
c
254.4
514.5
text"2026"
id"p1abw4-1rx5"
anchor
page15
valuenull
c
597.8
515.1
text"See"
id"p1abw4-t9vb"
anchor
page15
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-nzxx"
anchor
page15
valuenull
c
648.5
515.1
text"for"
id"p1abw4-dszb"
anchor
page15
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-a00u"
anchor
page15
valuenull
c
722
515.1
text"and"
id"p1abw4-i0tl"
anchor
page15
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-07oh"
anchor
page15
valuenull
c
777.9
515.1
text"on"
id"p1abw4-bx5e"
anchor
page15
valuenull
c
795.2
515.1
text"page"
id"p1abw4-uj4y"
anchor
page15
value36
c
812.2
515.1
text"36"
id"p1abw4-keff"
anchor
page15
valuenull
c
821.7
515.1
text"&"
id"p1abw4-g99d"
anchor
page15
value37
c
831.4
515.1
text"37"
id"p1abw4-rb0r"
anchor
page15
valuenull
c
842
515.1
text"of"
id"p1abw4-zu7v"
anchor
page15
valuenull
c
855.3
515.1
text"this"
id"p1abw4-h51x"
anchor
page15
valuenull
c
886.4
515.1
text"document."
id"p1abw4-l99a"
anchor
page16
value3
c
98.9
222.6
text"3"
id"p1abw4-wvuo"
anchor
page16
valuenull
c
244.4
237.1
text"Financial"
id"p1abw4-b8iw"
anchor
page16
valuenull
c
495.6
237.1
text"Performance"
id"p1abw4-dv8j"
anchor
page16
valuenull
c
190.1
291.6
text"Alban"
id"p1abw4-c8fs"
anchor
page16
valuenull
c
245.4
291.6
text"de"
id"p1abw4-ae2p"
anchor
page16
valuenull
c
301.8
291.6
text"Mailly"
id"p1abw4-knyu"
anchor
page16
valuenull
c
376.6
291.6
text"Nesle"
id"p1abw4-tgog"
anchor
page16
valuenull
c
185.7
322.9
text"Group"
id"p1abw4-mikf"
anchor
page16
valuenull
c
240.4
322.9
text"CFO"
id"p1abw4-wlyc"
anchor
page16
value16
c
34.9
514.5
text"16"
id"p1abw4-l6sl"
anchor
page16
valuenull
c
64.9
514.5
text"Full"
id"p1abw4-vt1x"
anchor
page16
valuenull
c
88.4
514.5
text"Year"
id"p1abw4-lxi3"
anchor
page16
value2025
c
114.8
514.5
text"2025"
id"p1abw4-rb5u"
anchor
page16
valuenull
c
152.6
514.5
text"Earnings"
id"p1abw4-1jcz"
anchor
page16
valuenull
c
206.9
514.5
text"February"
id"p1abw4-lkrt"
anchor
page16
value26
c
240.5
514.5
text"26"
id"p1abw4-pq1e"
anchor
page16
value2026
c
263.2
514.5
text"2026"
id"p1abw4-3f81"
anchor
page17
valuenull
c
175.9
55.3
text"I"
id"p1abw4-epby"
anchor
page17
valuenull
c
129.1
58.6
text"P&C"
id"p1abw4-ap30"
anchor
page17
valuenull
c
250.6
58.6
text"Continued"
id"p1abw4-4fdc"
anchor
page17
valuenull
c
376.5
58.6
text"disciplined"
id"p1abw4-jcj2"
anchor
page17
valuenull
c
484.2
58.6
text"growth"
id"p1abw4-ti42"
anchor
page17
valuenull
c
75
131.8
text"GWP"
id"p1abw4-bddm"
anchor
page17
valuenull
c
104.8
131.8
text"&"
id"p1abw4-cvcs"
anchor
page17
valuenull
c
144.4
131.8
text"OTHER"
id"p1abw4-3a9h"
anchor
page17
valuenull
c
222.7
131.8
text"REVENUES"
id"p1abw4-xdzw"
anchor
page17
valuenull
c
60.5
153.9
text"In"
id"p1abw4-k4mw"
anchor
page17
valuenull
c
81
153.9
text"Euro"
id"p1abw4-1ltx"
anchor
page17
valuenull
c
113
153.9
text"billion"
id"p1abw4-e7zd"
anchor
page17
value5
c
223.6
182.8
text"+5%"
id"p1abw4-rwut"
anchor
page17
value58
c
272.9
211.4
text"58.0"
id"p1abw4-a6rg"
anchor
page17
value56.5
c
174.4
218.4
text"56.5"
id"p1abw4-6zmm"
anchor
page17
valuenull
c
405.1
281
text"▷Mid-market"
id"p1abw4-y34j"
anchor
page17
valuenull
c
467
281
text"and"
id"p1abw4-jtlp"
anchor
page17
valuenull
c
499.5
281
text"SME:"
id"p1abw4-qh8j"
anchor
page17
valuenull
c
553
281
text"continued"
id"p1abw4-xdax"
anchor
page17
valuenull
c
613.4
281
text"pricing"
id"p1abw4-h40g"
anchor
page17
valuenull
c
679.2
281
text"momentum"
id"p1abw4-ghcx"
anchor
page17
valuenull
c
734.8
281
text"and"
id"p1abw4-p2fd"
anchor
page17
valuenull
c
776
281
text"volume"
id"p1abw4-egkd"
anchor
page17
valuenull
c
828.2
281
text"growth"
id"p1abw4-8phv"
anchor
page17
value4
c
224.1
295.8
text"+4%"
id"p1abw4-psux"
anchor
page17
value35.8
c
272
295.7
text"35.8"
id"p1abw4-m6k3"
anchor
page17
valuenull
c
105.4
298.5
text"Commercial"
id"p1abw4-hpl4"
anchor
page17
valuenull
c
379.2
306.2
text"▷AXA"
id"p1abw4-a30c"
anchor
page17
valuenull
c
410.5
306.2
text"XL"
id"p1abw4-j69r"
anchor
page17
valuenull
c
456.6
306.2
text"Insurance:"
id"p1abw4-r6q9"
anchor
page17
valuenull
c
522
306.2
text"growing"
id"p1abw4-bba3"
anchor
page17
valuenull
c
559.1
306.2
text"in"
id"p1abw4-bjnn"
anchor
page17
valuenull
c
584.3
306.2
text"lines"
id"p1abw4-9y4n"
anchor
page17
valuenull
c
610
306.2
text"of"
id"p1abw4-0if7"
anchor
page17
valuenull
c
648.8
306.2
text"business"
id"p1abw4-ewj5"
anchor
page17
valuenull
c
696
306.2
text"with"
id"p1abw4-3gvu"
anchor
page17
valuenull
c
746.3
306.2
text"attractive"
id"p1abw4-tc21"
anchor
page17
valuenull
c
808.7
306.2
text"margins"
id"p1abw4-949r"
anchor
page17
valuenull
c
857.2
306.2
text"while"
id"p1abw4-9no5"
anchor
page17
valuenull
c
124.1
312.9
text"lines"
id"p1abw4-f5ig"
anchor
page17
valuenull
c
407.6
325.5
text"remaining"
id"p1abw4-6dqz"
anchor
page17
valuenull
c
471.3
325.5
text"focused"
id"p1abw4-toys"
anchor
page17
valuenull
c
509.5
325.5
text"on"
id"p1abw4-iwiv"
anchor
page17
valuenull
c
552.5
325.5
text"retention"
id"p1abw4-qazn"
anchor
page17
valuenull
c
110.2
366.6
text"AXA"
id"p1abw4-kgzz"
anchor
page17
valuenull
c
128.2
366.6
text"XL"
id"p1abw4-zl1b"
anchor
page17
value2.6
c
272.1
370.4
text"2.6"
id"p1abw4-3uym"
anchor
page17
value8
c
224.2
371
text"+8%"
id"p1abw4-uk22"
anchor
page17
valuenull
c
391.2
372.6
text"▷Growth"
id"p1abw4-52od"
anchor
page17
valuenull
c
461.1
372.6
text"supported"
id"p1abw4-8c3n"
anchor
page17
valuenull
c
507.2
372.6
text"by"
id"p1abw4-v8pe"
anchor
page17
valuenull
c
554.9
372.6
text"alternative"
id"p1abw4-huhs"
anchor
page17
valuenull
c
617.3
372.6
text"capital"
id"p1abw4-0vyn"
anchor
page17
valuenull
c
105.4
381
text"Reinsurance"
id"p1abw4-h4z3"
anchor
page17
valuenull
c
121.4
406.9
text"Retail"
id"p1abw4-2cfm"
anchor
page17
value7
c
224.1
415
text"+7%"
id"p1abw4-qkfu"
anchor
page17
value19.7
c
272
416
text"19.7"
id"p1abw4-fn5i"
anchor
page17
valuenull
c
399.7
416
text"▷Favorable"
id"p1abw4-j1pb"
anchor
page17
valuenull
c
466.5
416
text"pricing"
id"p1abw4-66ed"
anchor
page17
valuenull
c
514.4
416
text"trends"
id"p1abw4-fl6x"
anchor
page17
valuenull
c
552
416
text"and"
id"p1abw4-tuly"
anchor
page17
valuenull
c
589.7
416
text"strong"
id"p1abw4-8gpq"
anchor
page17
valuenull
c
638.3
416
text"growth"
id"p1abw4-yqdb"
anchor
page17
valuenull
c
671.9
416
text"in"
id"p1abw4-t99o"
anchor
page17
valuenull
c
692.5
416
text"net"
id"p1abw4-0d01"
anchor
page17
valuenull
c
720.8
416
text"new"
id"p1abw4-scec"
anchor
page17
valuenull
c
769.7
416
text"contracts"
id"p1abw4-izu3"
anchor
page17
value1.7
c
827.2
416
text"+1.7"
id"p1abw4-vvry"
anchor
page17
valuenull
c
860
416
text"in"
id"p1abw4-4ayx"
anchor
page17
valuenull
c
887.5
416
text"FY25)"
id"p1abw4-h7vb"
anchor
page17
valuenull
c
124.1
421.4
text"lines"
id"p1abw4-yarz"
anchor
page17
valuenull
c
173.7
469
text"FY24"
id"p1abw4-bvnq"
anchor
page17
valuenull
c
272.1
469
text"FY25"
id"p1abw4-0en6"
anchor
page17
value17
c
34.6
514.5
text"17"
id"p1abw4-ft0c"
anchor
page17
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-6y35"
anchor
page17
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-qsdu"
anchor
page17
value2025
c
112.2
514.5
text"2025"
id"p1abw4-7ui3"
anchor
page17
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-fn4i"
anchor
page17
valuenull
c
200.4
514.5
text"February"
id"p1abw4-xjny"
anchor
page17
value26
c
232.6
514.5
text"26"
id"p1abw4-x08v"
anchor
page17
value2026
c
254.4
514.5
text"2026"
id"p1abw4-po4h"
anchor
page17
valuenull
c
597.8
515.1
text"See"
id"p1abw4-2cqv"
anchor
page17
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-ih1j"
anchor
page17
valuenull
c
648.5
515.1
text"for"
id"p1abw4-ucgp"
anchor
page17
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-qimc"
anchor
page17
valuenull
c
722
515.1
text"and"
id"p1abw4-hfus"
anchor
page17
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-6hfm"
anchor
page17
valuenull
c
777.9
515.1
text"on"
id"p1abw4-hv14"
anchor
page17
valuenull
c
795.2
515.1
text"page"
id"p1abw4-xzvj"
anchor
page17
value36
c
812.2
515.1
text"36"
id"p1abw4-tvk8"
anchor
page17
valuenull
c
821.7
515.1
text"&"
id"p1abw4-9uiz"
anchor
page17
value37
c
831.4
515.1
text"37"
id"p1abw4-6bfx"
anchor
page17
valuenull
c
842
515.1
text"of"
id"p1abw4-7m37"
anchor
page17
valuenull
c
855.3
515.1
text"this"
id"p1abw4-fao9"
anchor
page17
valuenull
c
886.4
515.1
text"document."
id"p1abw4-copj"
anchor
page18
valuenull
c
175.9
55.3
text"I"
id"p1abw4-m78u"
anchor
page18
valuenull
c
129.1
58.6
text"P&C"
id"p1abw4-vpsx"
anchor
page18
valuenull
c
228.8
58.6
text"Strong"
id"p1abw4-8soi"
anchor
page18
valuenull
c
320.9
58.6
text"earnings"
id"p1abw4-saud"
anchor
page18
valuenull
c
416.5
58.6
text"growth"
id"p1abw4-j6mf"
anchor
page18
valuenull
c
229.4
85.7
text"Delivering"
id"p1abw4-3115"
anchor
page18
valuenull
c
309.9
85.7
text"further"
id"p1abw4-oudx"
anchor
page18
valuenull
c
375.2
85.7
text"margin"
id"p1abw4-s8eo"
anchor
page18
valuenull
c
451.4
85.7
text"expansion"
id"p1abw4-ua4y"
anchor
page18
valuenull
c
524.6
85.7
text"while"
id"p1abw4-2hqj"
anchor
page18
valuenull
c
593.4
85.7
text"enhancing"
id"p1abw4-pipf"
anchor
page18
valuenull
c
674.9
85.7
text"reserve"
id"p1abw4-ohqz"
anchor
page18
valuenull
c
749.4
85.7
text"prudence"
id"p1abw4-jkzo"
anchor
page18
valuenull
c
110.2
131.8
text"UNDERLYING"
id"p1abw4-i4jz"
anchor
page18
valuenull
c
212.6
131.8
text"EARNINGS"
id"p1abw4-1op8"
anchor
page18
valuenull
c
621.5
134.2
text"COMBINED"
id"p1abw4-3ian"
anchor
page18
valuenull
c
697.2
134.2
text"RATIO"
id"p1abw4-w7u8"
anchor
page18
valuenull
c
60.5
153.9
text"In"
id"p1abw4-j5a4"
anchor
page18
valuenull
c
81
153.9
text"Euro"
id"p1abw4-jtz2"
anchor
page18
valuenull
c
114.8
153.9
text"million"
id"p1abw4-e2li"
anchor
page18
value9
c
163.4
181.7
text"+9%"
id"p1abw4-z4yj"
anchor
page18
value90.6
c
721.8
200.7
text"90.6"
id"p1abw4-akxo"
anchor
page18
value5872
c
214.2
222.8
text"5,872"
id"p1abw4-5bqp"
anchor
page18
value5510
c
115.8
238.7
text"5,510"
id"p1abw4-cg6b"
anchor
page18
valuenull
c
307.6
237.8
text"Better"
id"p1abw4-jjf3"
anchor
page18
valuenull
c
380
237.8
text"underwriting"
id"p1abw4-js2u"
anchor
page18
valuenull
c
450.5
237.8
text"result"
id"p1abw4-cdxs"
anchor
page18
valuenull
c
494.2
237.8
text"from:"
id"p1abw4-dqn4"
anchor
page18
value91
c
740.8
246.1
text"91.0%"
id"p1abw4-0bzw"
anchor
page18
valuenull
c
696.2
248
text"vs"
id"p1abw4-s1c3"
anchor
page18
valuenull
c
793.4
248
text"FY24"
id"p1abw4-0njl"
anchor
page18
valuenull
c
319.1
261.1
text"volume"
id"p1abw4-o3z9"
anchor
page18
valuenull
c
371.3
261.1
text"growth"
id"p1abw4-k9yh"
anchor
page18
valuenull
c
314.6
284.2
text"better"
id"p1abw4-3s8e"
anchor
page18
valuenull
c
365.2
284.2
text"margins"
id"p1abw4-s74l"
anchor
page18
valuenull
c
315.2
315.5
text"Increase"
id"p1abw4-owxc"
anchor
page18
valuenull
c
355.1
315.5
text"in"
id"p1abw4-x1rl"
anchor
page18
valuenull
c
405.5
315.5
text"investment"
id"p1abw4-7c1r"
anchor
page18
valuenull
c
475
315.5
text"income"
id"p1abw4-wk36"
anchor
page18
valuenull
c
613
320
text"Better"
id"p1abw4-xjj1"
anchor
page18
valuenull
c
687.2
320
text"undiscounted"
id"p1abw4-s8g2"
anchor
page18
valuenull
c
765.2
320
text"current"
id"p1abw4-q7za"
anchor
page18
valuenull
c
810.6
320
text"year"
id"p1abw4-nfxx"
anchor
page18
valuenull
c
843.4
320
text"loss"
id"p1abw4-ouqp"
anchor
page18
valuenull
c
877.7
320
text"ratio"
id"p1abw4-dh6f"
anchor
page18
valuenull
c
322
334.6
text"reflecting:"
id"p1abw4-zdwz"
anchor
page18
valuenull
c
625.1
339.2
text"excluding"
id"p1abw4-dqoa"
anchor
page18
valuenull
c
675.3
339.2
text"Nat"
id"p1abw4-mncg"
anchor
page18
valuenull
c
703
339.2
text"Cat"
id"p1abw4-7yz2"
anchor
page18
valuenull
c
315.5
357.9
text"higher"
id"p1abw4-1rfr"
anchor
page18
valuenull
c
368.5
357.9
text"volumes"
id"p1abw4-zb7i"
anchor
page18
valuenull
c
603.2
370.5
text"Nat"
id"p1abw4-epoa"
anchor
page18
valuenull
c
630.9
370.5
text"Cat"
id"p1abw4-w8cx"
anchor
page18
valuenull
c
673.6
370.5
text"charges"
id"p1abw4-1jnc"
anchor
page18
valuenull
c
726.2
370.5
text"below"
id"p1abw4-kyiw"
anchor
page18
valuenull
c
791.1
370.5
text"normalized"
id"p1abw4-ufax"
anchor
page18
valuenull
c
850
370.5
text"load"
id"p1abw4-x17v"
anchor
page18
valuenull
c
314.6
381.1
text"better"
id"p1abw4-gqkw"
anchor
page18
valuenull
c
382.6
381.1
text"reinvestment"
id"p1abw4-6i9o"
anchor
page18
valuenull
c
449.6
381.1
text"yields"
id"p1abw4-8uqv"
anchor
page18
valuenull
c
481
381.1
text"on"
id"p1abw4-mjjf"
anchor
page18
valuenull
c
509.1
381.1
text"fixed"
id"p1abw4-753y"
anchor
page18
valuenull
c
321
400.4
text"income"
id"p1abw4-5h2i"
anchor
page18
valuenull
c
369.8
400.4
text"assets"
id"p1abw4-lah4"
anchor
page18
valuenull
c
614.8
401.6
text"Taking"
id"p1abw4-0xvo"
anchor
page18
valuenull
c
679.4
401.6
text"advantage"
id"p1abw4-aef6"
anchor
page18
valuenull
c
727
401.6
text"of"
id"p1abw4-iqb9"
anchor
page18
valuenull
c
741.6
401.6
text"a"
id"p1abw4-mta9"
anchor
page18
valuenull
c
766.8
401.6
text"good"
id"p1abw4-3svw"
anchor
page18
valuenull
c
803.4
401.6
text"year"
id"p1abw4-ysw6"
anchor
page18
valuenull
c
829.8
401.6
text"to"
id"p1abw4-h2u2"
anchor
page18
valuenull
c
870.4
401.6
text"enhance"
id"p1abw4-ofa4"
anchor
page18
valuenull
c
617.2
420.9
text"reserve"
id"p1abw4-xjuf"
anchor
page18
valuenull
c
680.3
420.9
text"prudence"
id"p1abw4-z0eb"
anchor
page18
valuenull
c
113.9
467.9
text"FY24"
id"p1abw4-6r8k"
anchor
page18
valuenull
c
212.9
467.9
text"FY25"
id"p1abw4-1o4g"
anchor
page18
value18
c
34.6
514.5
text"18"
id"p1abw4-8h49"
anchor
page18
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-hl4y"
anchor
page18
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-8d9g"
anchor
page18
value2025
c
112.2
514.5
text"2025"
id"p1abw4-rz7m"
anchor
page18
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-3g4y"
anchor
page18
valuenull
c
200.4
514.5
text"February"
id"p1abw4-m9mm"
anchor
page18
value26
c
232.6
514.5
text"26"
id"p1abw4-bty8"
anchor
page18
value2026
c
254.4
514.5
text"2026"
id"p1abw4-1051"
anchor
page18
valuenull
c
597.8
515.1
text"See"
id"p1abw4-bkhh"
anchor
page18
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-owut"
anchor
page18
valuenull
c
648.5
515.1
text"for"
id"p1abw4-zozd"
anchor
page18
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-j7da"
anchor
page18
valuenull
c
722
515.1
text"and"
id"p1abw4-yzau"
anchor
page18
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-4isp"
anchor
page18
valuenull
c
777.9
515.1
text"on"
id"p1abw4-hao6"
anchor
page18
valuenull
c
795.2
515.1
text"page"
id"p1abw4-df3n"
anchor
page18
value36
c
812.2
515.1
text"36"
id"p1abw4-iieo"
anchor
page18
valuenull
c
821.7
515.1
text"&"
id"p1abw4-ys4j"
anchor
page18
value37
c
831.4
515.1
text"37"
id"p1abw4-pzlj"
anchor
page18
valuenull
c
842
515.1
text"of"
id"p1abw4-iqcb"
anchor
page18
valuenull
c
855.3
515.1
text"this"
id"p1abw4-n4up"
anchor
page18
valuenull
c
886.4
515.1
text"document."
id"p1abw4-elrp"
anchor
page19
valuenull
c
290.5
55.3
text"I"
id"p1abw4-jnz3"
anchor
page19
valuenull
c
125.2
58.6
text"Life"
id"p1abw4-1keq"
anchor
page19
valuenull
c
161.4
58.6
text"&"
id"p1abw4-9a1w"
anchor
page19
valuenull
c
214.8
58.6
text"Health"
id"p1abw4-1857"
anchor
page19
valuenull
c
343.4
58.6
text"Strong"
id"p1abw4-qaom"
anchor
page19
valuenull
c
427.9
58.6
text"growth"
id"p1abw4-g1nx"
anchor
page19
valuenull
c
485.6
58.6
text"in"
id"p1abw4-1eie"
anchor
page19
valuenull
c
563.5
58.6
text"premiums,"
id"p1abw4-egwc"
anchor
page19
valuenull
c
675.5
58.6
text"positive"
id"p1abw4-m5fc"
anchor
page19
valuenull
c
745.3
58.6
text"net"
id"p1abw4-7hwa"
anchor
page19
valuenull
c
800.9
58.6
text"flows"
id"p1abw4-umb3"
anchor
page19
valuenull
c
60.5
102.4
text"In"
id"p1abw4-82r1"
anchor
page19
valuenull
c
81
102.4
text"Euro"
id"p1abw4-1hsa"
anchor
page19
valuenull
c
113
102.4
text"billion"
id"p1abw4-v35u"
anchor
page19
valuenull
c
182.3
132.8
text"LIFE"
id"p1abw4-p5ye"
anchor
page19
valuenull
c
223.6
132.8
text"GWP"
id"p1abw4-sh4f"
anchor
page19
valuenull
c
422.6
132.8
text"HEALTH"
id"p1abw4-h3x9"
anchor
page19
valuenull
c
480.2
132.8
text"GWP"
id"p1abw4-pdpr"
anchor
page19
valuenull
c
600.1
132.8
text"NET"
id"p1abw4-uwwl"
anchor
page19
valuenull
c
651
132.8
text"FLOWS"
id"p1abw4-faoh"
anchor
page19
valuenull
c
125.6
154.4
text"&"
id"p1abw4-fcbb"
anchor
page19
valuenull
c
165.2
154.4
text"OTHER"
id"p1abw4-f1dm"
anchor
page19
valuenull
c
243.5
154.4
text"REVENUES"
id"p1abw4-6o82"
anchor
page19
valuenull
c
365.9
154.4
text"&"
id"p1abw4-camy"
anchor
page19
valuenull
c
405.5
154.4
text"OTHER"
id"p1abw4-ph63"
anchor
page19
valuenull
c
483.9
154.4
text"REVENUES"
id"p1abw4-f396"
anchor
page19
value5.4
c
746.4
178.8
text"€+5.4"
id"p1abw4-cocg"
anchor
page19
value9
c
203.9
182.4
text"+9%"
id"p1abw4-ivc6"
anchor
page19
value5
c
448.1
182.1
text"+5%"
id"p1abw4-4luv"
anchor
page19
valuenull
c
705.2
203
text"vs"
id"p1abw4-wq1e"
anchor
page19
value1.5
c
732
203
text"€+1.5"
id"p1abw4-sgh7"
anchor
page19
valuenull
c
758
203
text"in"
id"p1abw4-te11"
anchor
page19
valuenull
c
776.1
203
text"FY24"
id"p1abw4-votc"
anchor
page19
value37.5
c
255
213.7
text"37.5"
id"p1abw4-ex0l"
anchor
page19
value19
c
500.4
213.1
text"19.0"
id"p1abw4-tfvn"
anchor
page19
value34.5
c
150.4
228.3
text"34.5"
id"p1abw4-f2l6"
anchor
page19
value17.5
c
392.1
228.7
text"17.5"
id"p1abw4-xme0"
anchor
page19
valuenull
c
657.7
246.9
text"Protection"
id"p1abw4-8afl"
anchor
page19
value4.9
c
875.5
247.1
text"+4.9"
id"p1abw4-q99a"
anchor
page19
valuenull
c
94.1
274.2
text"Protection"
id"p1abw4-oiep"
anchor
page19
value11
c
202.3
274.3
text"+11%"
id"p1abw4-zyxo"
anchor
page19
value17.3
c
255.2
274.3
text"17.3"
id"p1abw4-r3n1"
anchor
page19
valuenull
c
336.6
288
text"Individual"
id"p1abw4-hzap"
anchor
page19
value6
c
446.6
288
text"+6%"
id"p1abw4-l7fk"
anchor
page19
value10.5
c
500.3
288
text"10.5"
id"p1abw4-f3iv"
anchor
page19
valuenull
c
665.9
291.8
text"Health"
id"p1abw4-ho99"
anchor
page19
value2.7
c
838.6
291.2
text"+2.7"
id"p1abw4-4tdi"
anchor
page19
value1.5
c
820.2
334.8
text"+1.5"
id"p1abw4-r5wk"
anchor
page19
valuenull
c
655.2
336.5
text"Unit-Linked"
id"p1abw4-87q0"
anchor
page19
valuenull
c
91.8
340
text"Unit-Linked"
id"p1abw4-gpyg"
anchor
page19
value13
c
202.3
340
text"+13%"
id"p1abw4-dh8o"
anchor
page19
value9.3
c
255.1
340
text"9.3"
id"p1abw4-cnnv"
anchor
page19
valuenull
c
344.4
379.8
text"Group"
id"p1abw4-gvt3"
anchor
page19
value4
c
446.6
379.6
text"+4%"
id"p1abw4-rfjw"
anchor
page19
value8.5
c
500.2
379.6
text"8.5"
id"p1abw4-d7m6"
anchor
page19
valuenull
c
627
381.4
text"Capital"
id"p1abw4-n5pa"
anchor
page19
valuenull
c
653.2
381.4
text"light"
id"p1abw4-qsjh"
anchor
page19
valuenull
c
672.1
381.4
text"G/A"
id"p1abw4-ymx7"
anchor
page19
value1.2
c
815.6
379.6
text"+1.2"
id"p1abw4-x6yc"
anchor
page19
valuenull
c
63.5
389.1
text"Capital"
id"p1abw4-209x"
anchor
page19
valuenull
c
89.7
389.1
text"light"
id"p1abw4-vmny"
anchor
page19
valuenull
c
108.6
389.1
text"G/A"
id"p1abw4-wcjz"
anchor
page19
value7
c
202.8
388.8
text"+7%"
id"p1abw4-z9y8"
anchor
page19
value9
c
255.1
389.2
text"9.0"
id"p1abw4-axty"
anchor
page19
valuenull
c
75.9
419
text"Traditional"
id"p1abw4-dsm2"
anchor
page19
valuenull
c
108.6
419
text"G/A"
id"p1abw4-opqq"
anchor
page19
value-7
c
202.8
418.6
text"-7%"
id"p1abw4-u9eg"
anchor
page19
value1.9
c
255.1
419
text"1.9"
id"p1abw4-5pg8"
anchor
page19
value-5
c
795.9
423.8
text"-5.0"
id"p1abw4-cbwv"
anchor
page19
valuenull
c
639.5
426.1
text"Traditional"
id"p1abw4-paec"
anchor
page19
valuenull
c
672.1
426.1
text"G/A"
id"p1abw4-5fpq"
anchor
page19
valuenull
c
147.9
440.9
text"FY24"
id"p1abw4-erc3"
anchor
page19
valuenull
c
256.5
442
text"FY25"
id"p1abw4-puql"
anchor
page19
valuenull
c
392.3
440.9
text"FY24"
id"p1abw4-quex"
anchor
page19
valuenull
c
500.8
442
text"FY25"
id"p1abw4-mql3"
anchor
page19
valuenull
c
265.1
464.5
text"o/w"
id"p1abw4-jr2z"
anchor
page19
valuenull
c
287.4
464.5
text"FY25"
id"p1abw4-yiub"
anchor
page19
valuenull
c
323.8
464.5
text"Employee"
id"p1abw4-pybm"
anchor
page19
valuenull
c
368.6
464.5
text"Benefits"
id"p1abw4-rzuh"
anchor
page19
valuenull
c
267.7
477.6
text"Euro"
id"p1abw4-k17v"
anchor
page19
value12.9
c
289.4
477.6
text"12.9"
id"p1abw4-oja2"
anchor
page19
valuenull
c
314.6
477.6
text"billion"
id"p1abw4-8861"
anchor
page19
value4
c
341.9
477.6
text"+4%"
id"p1abw4-epst"
anchor
page19
valuenull
c
360
477.6
text"vs"
id"p1abw4-208a"
anchor
page19
valuenull
c
378.6
477.6
text"FY24)"
id"p1abw4-cbg3"
anchor
page19
value19
c
34.6
514.5
text"19"
id"p1abw4-ml16"
anchor
page19
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-nis2"
anchor
page19
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-3eud"
anchor
page19
value2025
c
112.2
514.5
text"2025"
id"p1abw4-2v8u"
anchor
page19
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-xlrw"
anchor
page19
valuenull
c
200.4
514.5
text"February"
id"p1abw4-cg2t"
anchor
page19
value26
c
232.6
514.5
text"26"
id"p1abw4-4d7g"
anchor
page19
value2026
c
254.4
514.5
text"2026"
id"p1abw4-mzah"
anchor
page19
valuenull
c
597.8
515.1
text"See"
id"p1abw4-plgr"
anchor
page19
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-kyuy"
anchor
page19
valuenull
c
648.5
515.1
text"for"
id"p1abw4-8d0t"
anchor
page19
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-7i3s"
anchor
page19
valuenull
c
722
515.1
text"and"
id"p1abw4-1iex"
anchor
page19
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-gw4d"
anchor
page19
valuenull
c
777.9
515.1
text"on"
id"p1abw4-033q"
anchor
page19
valuenull
c
795.2
515.1
text"page"
id"p1abw4-g4ao"
anchor
page19
value36
c
812.2
515.1
text"36"
id"p1abw4-ldvy"
anchor
page19
valuenull
c
821.7
515.1
text"&"
id"p1abw4-ok85"
anchor
page19
value37
c
831.4
515.1
text"37"
id"p1abw4-elew"
anchor
page19
valuenull
c
842
515.1
text"of"
id"p1abw4-3rls"
anchor
page19
valuenull
c
855.3
515.1
text"this"
id"p1abw4-0rpw"
anchor
page19
valuenull
c
886.4
515.1
text"document."
id"p1abw4-go9q"
anchor
page20
valuenull
c
290.5
55.3
text"I"
id"p1abw4-rbgf"
anchor
page20
valuenull
c
125.2
58.6
text"Life"
id"p1abw4-8oim"
anchor
page20
valuenull
c
161.4
58.6
text"&"
id"p1abw4-2kxb"
anchor
page20
valuenull
c
214.8
58.6
text"Health"
id"p1abw4-v4h8"
anchor
page20
valuenull
c
343.4
58.6
text"Strong"
id"p1abw4-n764"
anchor
page20
valuenull
c
465.3
58.6
text"momentum"
id"p1abw4-6sxi"
anchor
page20
valuenull
c
110.2
131.8
text"UNDERLYING"
id"p1abw4-jzuv"
anchor
page20
valuenull
c
212.6
131.8
text"EARNINGS"
id"p1abw4-05ve"
anchor
page20
valuenull
c
60.5
153.9
text"In"
id"p1abw4-6efe"
anchor
page20
valuenull
c
81
153.9
text"Euro"
id"p1abw4-ai36"
anchor
page20
valuenull
c
114.8
153.9
text"million"
id"p1abw4-vpzh"
anchor
page20
value7
c
260.9
182.8
text"+7%"
id"p1abw4-904b"
anchor
page20
value3501
c
309.9
215.2
text"3,501"
id"p1abw4-hekn"
anchor
page20
value3323
c
211.1
220.3
text"3,323"
id"p1abw4-2kwd"
anchor
page20
value479
c
309.1
236.9
text"479"
id"p1abw4-xxb8"
anchor
page20
valuenull
c
367.6
233.4
text"Short-term"
id"p1abw4-t7xg"
anchor
page20
value415
c
209.9
239.9
text"415"
id"p1abw4-omxq"
anchor
page20
valuenull
c
363.7
244.2
text"technical"
id"p1abw4-wyv3"
anchor
page20
valuenull
c
399.8
244.2
text"margin"
id"p1abw4-dn1z"
anchor
page20
valuenull
c
537.3
247.2
text"Strong"
id"p1abw4-7i7a"
anchor
page20
valuenull
c
603.1
247.2
text"short-term"
id"p1abw4-hnpe"
anchor
page20
valuenull
c
677.5
247.2
text"technical"
id"p1abw4-mu0r"
anchor
page20
valuenull
c
738.6
247.2
text"margin"
id"p1abw4-2cbu"
anchor
page20
valuenull
c
799
247.2
text"reflecting"
id"p1abw4-cy4b"
anchor
page20
valuenull
c
556.7
266.5
text"underwriting"
id"p1abw4-vz5y"
anchor
page20
valuenull
c
616.1
266.5
text"and"
id"p1abw4-xrej"
anchor
page20
valuenull
c
654
266.5
text"claims"
id"p1abw4-wf8p"
anchor
page20
valuenull
c
711.5
266.5
text"initiatives"
id"p1abw4-0993"
anchor
page20
valuenull
c
761
266.5
text"that"
id"p1abw4-denr"
anchor
page20
valuenull
c
795.8
266.5
text"more"
id"p1abw4-mh4b"
anchor
page20
valuenull
c
832
266.5
text"than"
id"p1abw4-scg3"
anchor
page20
valuenull
c
870
266.5
text"offset"
id"p1abw4-kid2"
anchor
page20
valuenull
c
366.5
283.6
text"Long-term"
id"p1abw4-dj85"
anchor
page20
valuenull
c
402.5
283.6
text"result"
id"p1abw4-jorb"
anchor
page20
valuenull
c
524.3
285.6
text"the"
id"p1abw4-tm5j"
anchor
page20
valuenull
c
561.9
285.6
text"impact"
id"p1abw4-ho9d"
anchor
page20
valuenull
c
595.2
285.6
text"of"
id"p1abw4-ezvr"
anchor
page20
valuenull
c
638.9
285.6
text"legislative"
id"p1abw4-m2oc"
anchor
page20
valuenull
c
700.2
285.6
text"change"
id"p1abw4-gdz2"
anchor
page20
valuenull
c
736.7
285.6
text"on"
id"p1abw4-kwfw"
anchor
page20
valuenull
c
759.6
285.6
text"the"
id"p1abw4-8c7m"
anchor
page20
valuenull
c
819.9
285.6
text"recoverability"
id"p1abw4-2m64"
anchor
page20
valuenull
c
875.6
285.6
text"of"
id"p1abw4-lixn"
anchor
page20
value2680
c
209.9
288.6
text"2,680"
id"p1abw4-qcok"
anchor
page20
value2804
c
309.1
288.6
text"2,804"
id"p1abw4-ag8n"
anchor
page20
valuenull
c
353.3
294.5
text"incl."
id"p1abw4-2ch0"
anchor
page20
valuenull
c
373.1
294.5
text"CSM"
id"p1abw4-e98s"
anchor
page20
valuenull
c
399.4
294.5
text"release"
id"p1abw4-lm0s"
anchor
page20
valuenull
c
531.4
304.9
text"value"
id"p1abw4-2cwo"
anchor
page20
valuenull
c
574.2
304.9
text"added"
id"p1abw4-k7my"
anchor
page20
valuenull
c
609
304.9
text"tax"
id"p1abw4-9ppt"
anchor
page20
valuenull
c
628.9
304.9
text"in"
id"p1abw4-7n07"
anchor
page20
valuenull
c
661.8
304.9
text"Mexico"
id"p1abw4-g1fz"
anchor
page20
value-0.1
c
718.1
304.9
text"(€-0.1)"
id"p1abw4-upii"
anchor
page20
valuenull
c
537
336
text"Higher"
id"p1abw4-trkq"
anchor
page20
valuenull
c
599.4
336
text"long-term"
id"p1abw4-8oal"
anchor
page20
valuenull
c
662.4
336
text"results"
id"p1abw4-8x1p"
anchor
page20
valuenull
c
707.2
336
text"from"
id"p1abw4-2hd8"
anchor
page20
valuenull
c
757.5
336
text"increase"
id"p1abw4-rusl"
anchor
page20
valuenull
c
797.1
336
text"in"
id"p1abw4-9o7s"
anchor
page20
valuenull
c
822.2
336
text"CSM"
id"p1abw4-m35w"
anchor
page20
valuenull
c
866.3
336
text"release"
id"p1abw4-stbm"
anchor
page20
value975
c
209.9
348
text"975"
id"p1abw4-jk4d"
anchor
page20
value946
c
309.1
348.5
text"946"
id"p1abw4-3jfr"
anchor
page20
valuenull
c
363.5
347.2
text"Financial"
id"p1abw4-lfkq"
anchor
page20
valuenull
c
396.6
347.2
text"result"
id"p1abw4-1ig3"
anchor
page20
value8
c
534.1
355.2
text"(+8%)"
id"p1abw4-uenh"
anchor
page20
value-748
c
209.9
373.4
text"-748"
id"p1abw4-rtjy"
anchor
page20
value-728
c
309.1
373.7
text"-728"
id"p1abw4-st26"
anchor
page20
valuenull
c
352
373.2
text"Tax"
id"p1abw4-3luu"
anchor
page20
valuenull
c
364.6
373.2
text"&"
id"p1abw4-id5r"
anchor
page20
valuenull
c
383
373.2
text"others"
id"p1abw4-p063"
anchor
page20
valuenull
c
209.7
401
text"FY24"
id"p1abw4-hua4"
anchor
page20
valuenull
c
308.9
401
text"FY25"
id"p1abw4-i2j0"
anchor
page20
valuenull
c
61.8
412.5
text"In"
id"p1abw4-717o"
anchor
page20
valuenull
c
82.2
412.5
text"Euro"
id"p1abw4-7x7l"
anchor
page20
valuenull
c
114.2
412.5
text"billion"
id"p1abw4-a224"
anchor
page20
valuenull
c
129.9
434.8
text"o/w"
id"p1abw4-k8lf"
anchor
page20
valuenull
c
149.4
434.8
text"Life"
id"p1abw4-0u6t"
anchor
page20
value2.6
c
212.7
437.8
text"2.6"
id"p1abw4-3gww"
anchor
page20
value2.7
c
308.1
437.8
text"2.7"
id"p1abw4-n6hk"
anchor
page20
value4
c
344.7
435.5
text"+4%"
id"p1abw4-bego"
anchor
page20
valuenull
c
360.4
435.5
text"vs"
id"p1abw4-h5zm"
anchor
page20
valuenull
c
376.6
435.5
text"FY24"
id"p1abw4-aa6h"
anchor
page20
valuenull
c
129.1
463.4
text"o/w"
id"p1abw4-fs9c"
anchor
page20
valuenull
c
155.6
463.4
text"Health"
id"p1abw4-f3x0"
anchor
page20
value0.7
c
212.9
465.9
text"0.7"
id"p1abw4-hs4r"
anchor
page20
value0.8
c
306.6
465.9
text"0.8"
id"p1abw4-c1o7"
anchor
page20
value17
c
347.2
463.5
text"+17%"
id"p1abw4-iu0y"
anchor
page20
valuenull
c
365.3
463.5
text"vs"
id"p1abw4-f69h"
anchor
page20
valuenull
c
381.6
463.5
text"FY24"
id"p1abw4-ak88"
anchor
page20
value20
c
34.6
514.5
text"20"
id"p1abw4-r2gm"
anchor
page20
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-121q"
anchor
page20
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-ki0n"
anchor
page20
value2025
c
112.2
514.5
text"2025"
id"p1abw4-qzbw"
anchor
page20
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-70qr"
anchor
page20
valuenull
c
200.4
514.5
text"February"
id"p1abw4-xzrs"
anchor
page20
value26
c
232.6
514.5
text"26"
id"p1abw4-hoat"
anchor
page20
value2026
c
254.4
514.5
text"2026"
id"p1abw4-3t17"
anchor
page20
valuenull
c
597.8
515.1
text"See"
id"p1abw4-3pdo"
anchor
page20
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-cqi4"
anchor
page20
valuenull
c
648.5
515.1
text"for"
id"p1abw4-8o87"
anchor
page20
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-1r8r"
anchor
page20
valuenull
c
722
515.1
text"and"
id"p1abw4-mnvk"
anchor
page20
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-3fbj"
anchor
page20
valuenull
c
777.9
515.1
text"on"
id"p1abw4-0pko"
anchor
page20
valuenull
c
795.2
515.1
text"page"
id"p1abw4-1bfs"
anchor
page20
value36
c
812.2
515.1
text"36"
id"p1abw4-d0vx"
anchor
page20
valuenull
c
821.7
515.1
text"&"
id"p1abw4-q4r4"
anchor
page20
value37
c
831.4
515.1
text"37"
id"p1abw4-n7r6"
anchor
page20
valuenull
c
842
515.1
text"of"
id"p1abw4-th75"
anchor
page20
valuenull
c
855.3
515.1
text"this"
id"p1abw4-blxc"
anchor
page20
valuenull
c
886.4
515.1
text"document."
id"p1abw4-dfu9"
anchor
page21
valuenull
c
86.5
44.2
text"Growth"
id"p1abw4-0lu6"
anchor
page21
valuenull
c
146.4
44.2
text"in"
id"p1abw4-1956"
anchor
page21
valuenull
c
182.3
44.2
text"net"
id"p1abw4-s728"
anchor
page21
valuenull
c
249.6
44.2
text"income"
id"p1abw4-av69"
anchor
page21
valuenull
c
351.9
44.2
text"reflecting"
id"p1abw4-748s"
anchor
page21
valuenull
c
448.5
44.2
text"higher"
id"p1abw4-rlxs"
anchor
page21
valuenull
c
539.6
44.2
text"earnings"
id"p1abw4-t9a9"
anchor
page21
valuenull
c
604
44.2
text"&"
id"p1abw4-oicj"
anchor
page21
valuenull
c
638.8
44.2
text"the"
id"p1abw4-0f3u"
anchor
page21
valuenull
c
688
44.2
text"gain"
id"p1abw4-2dma"
anchor
page21
valuenull
c
71
74.4
text"from"
id"p1abw4-2wqg"
anchor
page21
valuenull
c
124
74.4
text"the"
id"p1abw4-hca5"
anchor
page21
valuenull
c
171.7
74.4
text"sale"
id"p1abw4-3s97"
anchor
page21
valuenull
c
211.9
74.4
text"of"
id"p1abw4-u1c5"
anchor
page21
valuenull
c
253.4
74.4
text"AXA"
id"p1abw4-agd3"
anchor
page21
valuenull
c
298.6
74.4
text"IM"
id"p1abw4-pwd4"
anchor
page21
valuenull
c
634.5
131.8
text"UNDERLYING"
id"p1abw4-sgd5"
anchor
page21
valuenull
c
737
131.8
text"EARNINGS"
id"p1abw4-b9a5"
anchor
page21
valuenull
c
801
131.8
text"PER"
id"p1abw4-ihkz"
anchor
page21
valuenull
c
850
131.8
text"SHARE"
id"p1abw4-cjln"
anchor
page21
valuenull
c
60.5
135.7
text"In"
id"p1abw4-q4wa"
anchor
page21
valuenull
c
81
135.7
text"Euro"
id"p1abw4-bp0r"
anchor
page21
valuenull
c
113
135.7
text"billion"
id"p1abw4-id62"
anchor
page21
valuenull
c
584.8
153.9
text"In"
id"p1abw4-4yyx"
anchor
page21
valuenull
c
605.2
153.9
text"Euro"
id"p1abw4-8ebx"
anchor
page21
valuenull
c
349.4
161.8
text"FY24"
id"p1abw4-n008"
anchor
page21
valuenull
c
430.9
161.8
text"FY25"
id"p1abw4-j5c3"
anchor
page21
valuenull
c
509.2
160.3
text"Change"
id"p1abw4-bw0f"
anchor
page21
value8
c
740
182.2
text"+8%"
id"p1abw4-7jdw"
anchor
page21
valuenull
c
90.1
183.3
text"Property"
id"p1abw4-6pya"
anchor
page21
valuenull
c
116.8
183.3
text"&"
id"p1abw4-7e39"
anchor
page21
valuenull
c
142.8
183.3
text"Casualty"
id"p1abw4-k5nc"
anchor
page21
value5.5
c
355.1
183.3
text"5.5"
id"p1abw4-2ag0"
anchor
page21
value5.9
c
432.1
183.3
text"5.9"
id"p1abw4-jzfe"
anchor
page21
value9
c
518.9
183.3
text"+9%"
id"p1abw4-5gmn"
anchor
page21
value3.86
c
800
205.4
text"3.86"
id"p1abw4-r3yy"
anchor
page21
valuenull
c
77.9
204.7
text"Life"
id"p1abw4-6pmh"
anchor
page21
valuenull
c
92.6
204.7
text"&"
id"p1abw4-aih6"
anchor
page21
valuenull
c
114.1
204.7
text"Health"
id"p1abw4-i9en"
anchor
page21
value3.3
c
355.1
204.7
text"3.3"
id"p1abw4-ij5y"
anchor
page21
value3.5
c
432.1
204.7
text"3.5"
id"p1abw4-q3s6"
anchor
page21
value7
c
518.9
204.7
text"+7%"
id"p1abw4-409c"
anchor
page21
value3.59
c
679.5
222.1
text"3.59"
id"p1abw4-w9ye"
anchor
page21
valuenull
c
113.4
226.2
text"AssetManagement"
id"p1abw4-fnot"
anchor
page21
value0.4
c
355.4
226.2
text"0.4"
id"p1abw4-akrj"
anchor
page21
value0.2
c
432.5
226.2
text"0.2"
id"p1abw4-9kg7"
anchor
page21
value-57
c
517.1
226.2
text"-57%"
id"p1abw4-1s7c"
anchor
page21
valuenull
c
94.2
247.6
text"Holdings&"
id"p1abw4-wufg"
anchor
page21
valuenull
c
134.8
247.6
text"other"
id"p1abw4-sg5q"
anchor
page21
value-1.2
c
354.9
247.6
text"-1.2"
id"p1abw4-p5a2"
anchor
page21
value-1.2
c
432.1
247.6
text"-1.2"
id"p1abw4-6m1o"
anchor
page21
valuenull
c
93.7
269.1
text"Underlying"
id"p1abw4-shx2"
anchor
page21
valuenull
c
145.7
269.1
text"earnings"
id"p1abw4-m8v7"
anchor
page21
value8.1
c
354.9
269.1
text"8.1"
id"p1abw4-6a3p"
anchor
page21
value8.4
c
432
269.1
text"8.4"
id"p1abw4-qgn0"
anchor
page21
value6
c
517.5
269.1
text"+6%"
id"p1abw4-zzfe"
anchor
page21
valuenull
c
105.3
290.5
text"Non-financial"
id"p1abw4-43bn"
anchor
page21
valuenull
c
149.6
290.5
text"flows"
id"p1abw4-20ye"
anchor
page21
value-0.5
c
355
290.5
text"-0.5"
id"p1abw4-fion"
anchor
page21
value2.1
c
432.1
290.5
text"+2.1"
id"p1abw4-35sw"
anchor
page21
valuenull
c
97.5
312
text"o/w"
id"p1abw4-n39t"
anchor
page21
valuenull
c
124.1
312
text"capital"
id"p1abw4-0tpf"
anchor
page21
valuenull
c
154.1
312
text"gains"
id"p1abw4-7xx5"
anchor
page21
valuenull
c
179.2
312
text"from"
id"p1abw4-jtoz"
anchor
page21
valuenull
c
200.3
312
text"AXA"
id"p1abw4-ri2t"
anchor
page21
valuenull
c
215.9
312
text"IM"
id"p1abw4-7b3c"
anchor
page21
valuenull
c
242.1
312
text"disposal"
id"p1abw4-ho8z"
anchor
page21
value2.2
c
432
312
text"+2.2"
id"p1abw4-9d0t"
anchor
page21
valuenull
c
95.5
333.5
text"Financial"
id"p1abw4-kjea"
anchor
page21
valuenull
c
130.2
333.5
text"flows"
id"p1abw4-p84w"
anchor
page21
valuenull
c
154.6
333.5
text"(incl."
id"p1abw4-1luc"
anchor
page21
valuenull
c
178.1
333.5
text"RCG)"
id"p1abw4-borz"
anchor
page21
value0.3
c
355
333.5
text"+0.3"
id"p1abw4-082x"
anchor
page21
value-0.7
c
432.1
333.5
text"-0.7"
id"p1abw4-spzt"
anchor
page21
valuenull
c
78.5
354.9
text"Net"
id"p1abw4-hgc8"
anchor
page21
valuenull
c
110
354.9
text"income"
id"p1abw4-3pne"
anchor
page21
value7.9
c
354.4
354.9
text"7.9"
id"p1abw4-qaa0"
anchor
page21
value9.8
c
431.5
354.9
text"9.8"
id"p1abw4-24zs"
anchor
page21
value26
c
514.3
354.9
text"+26%"
id"p1abw4-dzbn"
anchor
page21
valuenull
c
679.4
368.6
text"FY24"
id"p1abw4-vpwn"
anchor
page21
valuenull
c
800
368.5
text"FY25"
id"p1abw4-nlyl"
anchor
page21
valuenull
c
99.1
387.2
text"UNDERLYING"
id"p1abw4-893a"
anchor
page21
valuenull
c
185.3
384.9
text"Strong"
id"p1abw4-g6dt"
anchor
page21
valuenull
c
239.9
384.9
text"performance"
id"p1abw4-pc5m"
anchor
page21
valuenull
c
289.4
384.9
text"from"
id"p1abw4-jtpr"
anchor
page21
valuenull
c
330.8
384.9
text"insurance"
id"p1abw4-419j"
anchor
page21
valuenull
c
388.1
384.9
text"businesses"
id"p1abw4-4uig"
anchor
page21
value6
c
602
394.6
text"+6%"
id"p1abw4-4r6p"
anchor
page21
valuenull
c
641.8
395.5
text"from"
id"p1abw4-w9rr"
anchor
page21
valuenull
c
684
395.5
text"earnings"
id"p1abw4-ndp2"
anchor
page21
valuenull
c
732.9
395.5
text"growth"
id"p1abw4-6cys"
anchor
page21
valuenull
c
89.9
406.5
text"EARNINGS"
id"p1abw4-fgo1"
anchor
page21
valuenull
c
184.4
405.3
text"Stable"
id"p1abw4-wdpi"
anchor
page21
valuenull
c
223.9
405.3
text"holding"
id"p1abw4-5qxg"
anchor
page21
valuenull
c
259.2
405.3
text"cost,"
id"p1abw4-auw9"
anchor
page21
valuenull
c
299
405.3
text"expected"
id"p1abw4-bjnr"
anchor
page21
valuenull
c
331.5
405.3
text"to"
id"p1abw4-vfug"
anchor
page21
valuenull
c
358.4
405.3
text"remain"
id"p1abw4-mx6j"
anchor
page21
valuenull
c
385
405.3
text"at"
id"p1abw4-5wzp"
anchor
page21
valuenull
c
412.8
405.3
text"current"
id"p1abw4-l19b"
anchor
page21
valuenull
c
447.7
405.3
text"level"
id"p1abw4-ud0k"
anchor
page21
valuenull
c
468
405.3
text"in"
id"p1abw4-0ksf"
anchor
page21
value2026
c
488
405.3
text"2026"
id"p1abw4-ehjs"
anchor
page21
value3
c
601.7
429.4
text"+3%"
id"p1abw4-k7ds"
anchor
page21
valuenull
c
641.8
430.2
text"from"
id"p1abw4-qsyu"
anchor
page21
valuenull
c
678.7
430.2
text"capital"
id"p1abw4-injl"
anchor
page21
valuenull
c
740.7
430.2
text"management"
id"p1abw4-z9k7"
anchor
page21
valuenull
c
68.8
442.5
text"NET"
id"p1abw4-1xv8"
anchor
page21
valuenull
c
112.9
442.5
text"INCOME"
id"p1abw4-hvpt"
anchor
page21
valuenull
c
185.1
438.8
text"Higher"
id"p1abw4-s4a1"
anchor
page21
valuenull
c
214.2
438.8
text"net"
id"p1abw4-6bgz"
anchor
page21
valuenull
c
244.8
438.8
text"income"
id"p1abw4-blsl"
anchor
page21
valuenull
c
284.9
438.8
text"mainly"
id"p1abw4-jabq"
anchor
page21
valuenull
c
329.4
438.8
text"reflecting"
id"p1abw4-iebe"
anchor
page21
valuenull
c
371.6
438.8
text"higher"
id"p1abw4-a7q4"
anchor
page21
valuenull
c
417.2
438.8
text"underlying"
id"p1abw4-ezd4"
anchor
page21
valuenull
c
189
453.2
text"earnings"
id"p1abw4-b6l3"
anchor
page21
valuenull
c
222.6
453.2
text"and"
id"p1abw4-fv65"
anchor
page21
valuenull
c
242.8
453.2
text"the"
id"p1abw4-k4sb"
anchor
page21
valuenull
c
264.3
453.2
text"gain"
id"p1abw4-bt74"
anchor
page21
valuenull
c
289.6
453.2
text"from"
id"p1abw4-oiet"
anchor
page21
valuenull
c
312.3
453.2
text"the"
id"p1abw4-gmqs"
anchor
page21
valuenull
c
332.9
453.2
text"sale"
id"p1abw4-va6d"
anchor
page21
valuenull
c
350.1
453.2
text"of"
id"p1abw4-v76h"
anchor
page21
valuenull
c
367.1
453.2
text"AXA"
id"p1abw4-pln4"
anchor
page21
valuenull
c
385.1
453.2
text"IM"
id"p1abw4-a3u0"
anchor
page21
value-2
c
604.2
464.2
text"-2%"
id"p1abw4-9o90"
anchor
page21
valuenull
c
641.8
465
text"from"
id"p1abw4-ck5j"
anchor
page21
valuenull
c
675
465
text"Forex"
id"p1abw4-skbk"
anchor
page21
valuenull
c
182.9
473.6
text"Lower"
id"p1abw4-w4s5"
anchor
page21
valuenull
c
222.3
473.6
text"financial"
id"p1abw4-ddpn"
anchor
page21
valuenull
c
259.6
473.6
text"flows"
id"p1abw4-5cqp"
anchor
page21
valuenull
c
299.3
473.6
text"reflecting"
id"p1abw4-d0sv"
anchor
page21
valuenull
c
355.6
473.6
text"unfavorable"
id"p1abw4-jnx2"
anchor
page21
valuenull
c
400.9
473.6
text"forex"
id"p1abw4-gsfo"
anchor
page21
valuenull
c
433.7
473.6
text"impact"
id"p1abw4-w096"
anchor
page21
value21
c
34.6
514.5
text"21"
id"p1abw4-p5ji"
anchor
page21
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-b8qo"
anchor
page21
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-uyes"
anchor
page21
value2025
c
112.2
514.5
text"2025"
id"p1abw4-kvd8"
anchor
page21
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-i2af"
anchor
page21
valuenull
c
200.4
514.5
text"February"
id"p1abw4-tkks"
anchor
page21
value26
c
232.6
514.5
text"26"
id"p1abw4-qkw3"
anchor
page21
value2026
c
254.4
514.5
text"2026"
id"p1abw4-b4bt"
anchor
page21
valuenull
c
597.8
515.1
text"See"
id"p1abw4-4jhz"
anchor
page21
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-hgtc"
anchor
page21
valuenull
c
648.5
515.1
text"for"
id"p1abw4-o6rv"
anchor
page21
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-jwqr"
anchor
page21
valuenull
c
722
515.1
text"and"
id"p1abw4-j6cu"
anchor
page21
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-67od"
anchor
page21
valuenull
c
777.9
515.1
text"on"
id"p1abw4-jh5f"
anchor
page21
valuenull
c
795.2
515.1
text"page"
id"p1abw4-y1ok"
anchor
page21
value36
c
812.2
515.1
text"36"
id"p1abw4-11ys"
anchor
page21
valuenull
c
821.7
515.1
text"&"
id"p1abw4-sy99"
anchor
page21
value37
c
831.4
515.1
text"37"
id"p1abw4-dinv"
anchor
page21
valuenull
c
842
515.1
text"of"
id"p1abw4-h6hd"
anchor
page21
valuenull
c
855.3
515.1
text"this"
id"p1abw4-mq82"
anchor
page21
valuenull
c
886.4
515.1
text"document."
id"p1abw4-1zsb"
anchor
page22
valuenull
c
121.8
59.3
text"Shareholders’"
id"p1abw4-q1su"
anchor
page22
valuenull
c
242.1
59.3
text"Equity"
id"p1abw4-tycv"
anchor
page22
value1
c
320.6
53.2
text"1"
id"p1abw4-gewm"
anchor
page22
valuenull
c
60.5
135.7
text"In"
id"p1abw4-p5l6"
anchor
page22
valuenull
c
81
135.7
text"Euro"
id"p1abw4-vsig"
anchor
page22
valuenull
c
113
135.7
text"billion"
id"p1abw4-upz9"
anchor
page22
valuenull
c
819
133.7
text"FY24"
id"p1abw4-3yau"
anchor
page22
valuenull
c
839.6
133.7
text"to"
id"p1abw4-22ej"
anchor
page22
valuenull
c
872.9
133.7
text"HY25"
id"p1abw4-14ci"
anchor
page22
valuenull
c
894.5
133.7
text"to"
id"p1abw4-rc83"
anchor
page22
valuenull
c
825.9
148.1
text"FY25"
id"p1abw4-m4hl"
anchor
page22
valuenull
c
879.6
148.1
text"FY25"
id"p1abw4-nlcq"
anchor
page22
value49.9
c
168.6
170.2
text"49.9"
id"p1abw4-n5wg"
anchor
page22
valuenull
c
532
173.9
text"Opening"
id"p1abw4-lstm"
anchor
page22
valuenull
c
591.8
173.9
text"Shareholders’"
id"p1abw4-lewh"
anchor
page22
valuenull
c
646.7
173.9
text"equity"
id"p1abw4-ohn5"
anchor
page22
value49.9
c
827.2
173.9
text"49.9"
id"p1abw4-gt5v"
anchor
page22
value45.5
c
881
173.9
text"45.5"
id"p1abw4-hj0n"
anchor
page22
value47.2
c
357.5
183.3
text"47.2"
id"p1abw4-b6dn"
anchor
page22
value45.5
c
262.9
186.4
text"45.5"
id"p1abw4-0b0x"
anchor
page22
valuenull
c
525.8
205.3
text"Change"
id"p1abw4-tbun"
anchor
page22
valuenull
c
546.9
205.3
text"in"
id"p1abw4-5ryb"
anchor
page22
valuenull
c
559.4
205.3
text"net"
id"p1abw4-su4f"
anchor
page22
valuenull
c
575.2
205.3
text"OCI"
id"p1abw4-qmon"
anchor
page22
value1.3
c
827.2
205.3
text"1.3"
id"p1abw4-t56v"
anchor
page22
value0.4
c
881
205.3
text"0.4"
id"p1abw4-6ib0"
anchor
page22
valuenull
c
517.5
236.8
text"Net"
id"p1abw4-se45"
anchor
page22
valuenull
c
541.2
236.8
text"income"
id"p1abw4-e38c"
anchor
page22
valuenull
c
563.4
236.8
text"for"
id"p1abw4-vgx1"
anchor
page22
valuenull
c
577
236.8
text"the"
id"p1abw4-vf6a"
anchor
page22
valuenull
c
598.3
236.8
text"period"
id"p1abw4-ja7z"
anchor
page22
value9.8
c
827.5
236.8
text"9.8"
id"p1abw4-oxgn"
anchor
page22
value5.9
c
881.5
236.8
text"5.9"
id"p1abw4-n7qx"
anchor
page22
value54
c
357.4
267.6
text"54.0"
id"p1abw4-cw7f"
anchor
page22
value58
c
169.2
271.9
text"58.0"
id"p1abw4-9ivb"
anchor
page22
value52.7
c
264
271.9
text"52.7"
id"p1abw4-yn00"
anchor
page22
valuenull
c
527.6
268.1
text"Dividend"
id"p1abw4-vxa5"
anchor
page22
value-4.6
c
827.2
268.1
text"-4.6"
id"p1abw4-2d4n"
anchor
page22
valuenull
c
76.8
273.4
text"SHE"
id"p1abw4-xxo1"
anchor
page22
valuenull
c
98.3
273.4
text"(excl."
id"p1abw4-81fl"
anchor
page22
valuenull
c
120.4
273.4
text"OCI)"
id"p1abw4-jf89"
anchor
page22
valuenull
c
525
299.6
text"Annual"
id"p1abw4-pec2"
anchor
page22
valuenull
c
553.4
299.6
text"share"
id"p1abw4-ca0x"
anchor
page22
valuenull
c
585
299.6
text"buyback"
id"p1abw4-tgxw"
anchor
page22
value-1.2
c
827.1
299.6
text"-1.2"
id"p1abw4-2ger"
anchor
page22
valuenull
c
535.8
331
text"Anti-dilutive"
id"p1abw4-1cfh"
anchor
page22
valuenull
c
575.5
331
text"share"
id"p1abw4-vnam"
anchor
page22
valuenull
c
607
331
text"buyback"
id"p1abw4-o9lo"
anchor
page22
valuenull
c
646.2
331
text"following"
id"p1abw4-ldq9"
anchor
page22
valuenull
c
674.4
331
text"the"
id"p1abw4-ezh2"
anchor
page22
valuenull
c
691.9
331
text"sale"
id"p1abw4-d6ot"
anchor
page22
valuenull
c
706.4
331
text"of"
id"p1abw4-jile"
anchor
page22
valuenull
c
720.3
331
text"AXA"
id"p1abw4-3d63"
anchor
page22
valuenull
c
735.4
331
text"IM"
id"p1abw4-6px8"
anchor
page22
value-3.5
c
827
331
text"-3.5"
id"p1abw4-nhv1"
anchor
page22
value-3.5
c
881
331
text"-3.5"
id"p1abw4-xpr5"
anchor
page22
value-8.1
c
169.3
364.7
text"-8.1"
id"p1abw4-6ah3"
anchor
page22
value-7.2
c
264
363.9
text"-7.2"
id"p1abw4-xnp9"
anchor
page22
value-6.8
c
357.5
363.5
text"-6.8"
id"p1abw4-dvri"
anchor
page22
valuenull
c
528.5
362.5
text"Undated"
id"p1abw4-ps8o"
anchor
page22
valuenull
c
576.9
362.5
text"subordinated"
id"p1abw4-qzgv"
anchor
page22
valuenull
c
617
362.5
text"debt"
id"p1abw4-4h34"
anchor
page22
valuenull
c
649.4
362.5
text"(including"
id"p1abw4-2no2"
anchor
page22
valuenull
c
688.7
362.5
text"interest"
id"p1abw4-w0z8"
anchor
page22
valuenull
c
725
362.5
text"charges)"
id"p1abw4-6l6b"
anchor
page22
value-0.3
c
827
362.5
text"-0.3"
id"p1abw4-1afu"
anchor
page22
value-1.2
c
881
362.5
text"-1.2"
id"p1abw4-0zyk"
anchor
page22
valuenull
c
105
367.5
text"Net"
id"p1abw4-gstp"
anchor
page22
valuenull
c
121.9
367.5
text"OCI"
id"p1abw4-ad6y"
anchor
page22
valuenull
c
169.3
391
text"FY24"
id"p1abw4-ptmz"
anchor
page22
valuenull
c
264
390.4
text"HY25"
id"p1abw4-87v5"
anchor
page22
valuenull
c
357.5
390.4
text"FY25"
id"p1abw4-7ktd"
anchor
page22
valuenull
c
522
393.9
text"Forex"
id"p1abw4-phy4"
anchor
page22
value-3.5
c
827.1
393.9
text"-3.5"
id"p1abw4-0h59"
anchor
page22
value-0.1
c
881
393.9
text"-0.1"
id"p1abw4-7tmc"
anchor
page22
valuenull
c
119.5
405
text"SHE"
id"p1abw4-fpka"
anchor
page22
value53.2
c
169.3
415.4
text"53.2"
id"p1abw4-4y5y"
anchor
page22
value47
c
264
415.4
text"47.0"
id"p1abw4-0m55"
anchor
page22
value49.4
c
357.5
415.4
text"49.4"
id"p1abw4-h5up"
anchor
page22
valuenull
c
69.1
415.9
text"(excl."
id"p1abw4-y4to"
anchor
page22
valuenull
c
85.3
415.9
text"OCI"
id"p1abw4-5x2c"
anchor
page22
valuenull
c
95.5
415.9
text"&"
id"p1abw4-0xau"
anchor
page22
valuenull
c
113.8
415.9
text"undated"
id"p1abw4-3h8u"
anchor
page22
valuenull
c
85.6
425.4
text"subordinated"
id"p1abw4-pkqi"
anchor
page22
valuenull
c
119
425.4
text"debt)"
id"p1abw4-mrgf"
anchor
page22
valuenull
c
522.3
425.4
text"Other"
id"p1abw4-bgtd"
anchor
page22
value-0.6
c
827
425.4
text"-0.6"
id"p1abw4-afr9"
anchor
page22
value0.3
c
880.9
425.4
text"0.3"
id"p1abw4-29n8"
anchor
page22
value20.6
c
169.3
442.4
text"20.6%"
id"p1abw4-mtba"
anchor
page22
value23.4
c
264
442.4
text"23.4%"
id"p1abw4-eqsh"
anchor
page22
value22.3
c
357.5
442.4
text"22.3%"
id"p1abw4-au0n"
anchor
page22
valuenull
c
84.7
444.5
text"Debt"
id"p1abw4-8yhf"
anchor
page22
valuenull
c
112.3
444.5
text"gearing"
id"p1abw4-t8d6"
anchor
page22
valuenull
c
529.9
457.8
text"Closing"
id"p1abw4-emb6"
anchor
page22
valuenull
c
589.1
457.8
text"Shareholders’"
id"p1abw4-g428"
anchor
page22
valuenull
c
645.7
457.8
text"equity"
id"p1abw4-9myx"
anchor
page22
value47.2
c
826.6
457.8
text"47.2"
id"p1abw4-y2fi"
anchor
page22
value47.2
c
880.4
457.8
text"47.2"
id"p1abw4-m7ki"
anchor
page22
value15.2
c
169.3
469.4
text"15.2%"
id"p1abw4-1fch"
anchor
page22
value17.5
c
264
469.4
text"17.5%"
id"p1abw4-n7j8"
anchor
page22
value16
c
357.5
469.4
text"16.0%"
id"p1abw4-1tnb"
anchor
page22
valuenull
c
85.3
471.1
text"Underlying"
id"p1abw4-3lbq"
anchor
page22
valuenull
c
119.2
471.1
text"ROE"
id"p1abw4-te97"
anchor
page22
value22
c
34.6
514.5
text"22"
id"p1abw4-1d6f"
anchor
page22
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-wq67"
anchor
page22
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-lcq3"
anchor
page22
value2025
c
112.2
514.5
text"2025"
id"p1abw4-1vqp"
anchor
page22
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-rswq"
anchor
page22
valuenull
c
200.4
514.5
text"February"
id"p1abw4-xn3o"
anchor
page22
value26
c
232.6
514.5
text"26"
id"p1abw4-5n43"
anchor
page22
value2026
c
254.4
514.5
text"2026"
id"p1abw4-v1ul"
anchor
page22
valuenull
c
597.8
515.1
text"See"
id"p1abw4-aegy"
anchor
page22
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-0jxs"
anchor
page22
valuenull
c
648.5
515.1
text"for"
id"p1abw4-619f"
anchor
page22
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-6fjl"
anchor
page22
valuenull
c
722
515.1
text"and"
id"p1abw4-x42e"
anchor
page22
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-xker"
anchor
page22
valuenull
c
777.9
515.1
text"on"
id"p1abw4-rwac"
anchor
page22
valuenull
c
795.2
515.1
text"page"
id"p1abw4-ss2u"
anchor
page22
value36
c
812.2
515.1
text"36"
id"p1abw4-ic0u"
anchor
page22
valuenull
c
821.7
515.1
text"&"
id"p1abw4-o66u"
anchor
page22
value37
c
831.4
515.1
text"37"
id"p1abw4-domj"
anchor
page22
valuenull
c
842
515.1
text"of"
id"p1abw4-lwsh"
anchor
page22
valuenull
c
855.3
515.1
text"this"
id"p1abw4-z3km"
anchor
page22
valuenull
c
886.4
515.1
text"document."
id"p1abw4-sefp"
anchor
page23
valuenull
c
93.2
59.3
text"Solvency"
id"p1abw4-m8ap"
anchor
page23
valuenull
c
156.4
59.3
text"II"
id"p1abw4-xewm"
anchor
page23
valuenull
c
196.7
59.3
text"ratio"
id"p1abw4-uqx9"
anchor
page23
valuenull
c
241.2
59.3
text"at"
id"p1abw4-0oa9"
anchor
page23
value224
c
290.1
59.3
text"224%"
id"p1abw4-rvqe"
anchor
page23
valuenull
c
99.4
131.8
text"SOLVENCY"
id"p1abw4-s5iu"
anchor
page23
valuenull
c
152.8
131.8
text"II"
id"p1abw4-djgm"
anchor
page23
valuenull
c
187.9
131.8
text"RATIO"
id"p1abw4-se7y"
anchor
page23
value216
c
113.1
173.6
text"216%"
id"p1abw4-8ehj"
anchor
page23
value224
c
848.4
173.6
text"224%"
id"p1abw4-7j1h"
anchor
page23
value0
c
218.1
175.9
text"+0"
id"p1abw4-r1v9"
anchor
page23
value28
c
323.1
175.9
text"+28"
id"p1abw4-23w9"
anchor
page23
value-1
c
428.1
175.9
text"-1"
id"p1abw4-2e0f"
anchor
page23
value4
c
533.2
175.9
text"+4"
id"p1abw4-gaiy"
anchor
page23
value-24
c
638.2
175.9
text"-24"
id"p1abw4-zbtt"
anchor
page23
value2
c
743.3
175.9
text"+2"
id"p1abw4-gjhn"
anchor
page23
valuenull
c
113
208.2
text"FY24"
id"p1abw4-9rgg"
anchor
page23
valuenull
c
218.1
207.1
text"Regulatory"
id"p1abw4-7unu"
anchor
page23
valuenull
c
323.1
207.1
text"Normalized"
id"p1abw4-jqio"
anchor
page23
valuenull
c
428.9
207.1
text"Operating"
id"p1abw4-beml"
anchor
page23
valuenull
c
533.1
207.1
text"Economic"
id"p1abw4-lhuo"
anchor
page23
valuenull
c
638.7
207.1
text"Dividend"
id"p1abw4-9wyw"
anchor
page23
valuenull
c
743.4
207.1
text"Other"
id"p1abw4-fd37"
anchor
page23
valuenull
c
848.4
208.2
text"FY25"
id"p1abw4-z72f"
anchor
page23
valuenull
c
178.8
221.5
text"&"
id"p1abw4-2pwg"
anchor
page23
valuenull
c
200.9
221.5
text"model"
id"p1abw4-v3bk"
anchor
page23
valuenull
c
240.1
221.5
text"changes"
id"p1abw4-awzx"
anchor
page23
valuenull
c
323.1
221.5
text"capital"
id"p1abw4-x5ys"
anchor
page23
valuenull
c
430.2
221.5
text"variance"
id"p1abw4-eo7k"
anchor
page23
valuenull
c
521.3
221.5
text"variance"
id"p1abw4-b0q2"
anchor
page23
valuenull
c
548.7
221.5
text"&"
id"p1abw4-mpmx"
anchor
page23
valuenull
c
560.7
221.5
text"FX"
id"p1abw4-5zic"
anchor
page23
valuenull
c
620
221.5
text"&"
id"p1abw4-cbql"
anchor
page23
valuenull
c
643.4
221.5
text"annual"
id"p1abw4-txx0"
anchor
page23
valuenull
c
323.1
235.9
text"generation"
id"p1abw4-q2o9"
anchor
page23
valuenull
c
615.7
235.9
text"share"
id"p1abw4-h3nt"
anchor
page23
valuenull
c
653.3
235.9
text"buyback"
id"p1abw4-zwdi"
anchor
page23
valuenull
c
91.6
285.1
text"IMPACTS"
id"p1abw4-xsux"
anchor
page23
valuenull
c
144.4
285.1
text"OF"
id"p1abw4-v9kx"
anchor
page23
valuenull
c
177.2
285.1
text"THE"
id"p1abw4-2agc"
anchor
page23
valuenull
c
216.1
285.1
text"END"
id"p1abw4-n7j5"
anchor
page23
valuenull
c
249.6
285.1
text"OF"
id"p1abw4-as6q"
anchor
page23
valuenull
c
343.6
285.1
text"GRANDFATHERING"
id"p1abw4-w2vg"
anchor
page23
valuenull
c
458.1
285.1
text"PERIOD"
id"p1abw4-ii4s"
anchor
page23
valuenull
c
512.1
285.1
text"AND"
id"p1abw4-5nya"
anchor
page23
valuenull
c
578.4
285.1
text"SOLVENCY"
id"p1abw4-dekh"
anchor
page23
valuenull
c
631.6
285.1
text"II"
id"p1abw4-sczf"
anchor
page23
valuenull
c
680.8
285.1
text"REVISION"
id"p1abw4-brh0"
anchor
page23
valuenull
c
149.4
332
text"Ratio"
id"p1abw4-v7c6"
anchor
page23
valuenull
c
173.6
332
text"as"
id"p1abw4-gs4d"
anchor
page23
valuenull
c
188.4
332
text"of"
id"p1abw4-w7mj"
anchor
page23
valuenull
c
228.4
332
text"31/12/2025"
id"p1abw4-q1x7"
anchor
page23
value224
c
388
332.9
text"224%"
id"p1abw4-au0q"
anchor
page23
valuenull
c
141.8
378.7
text"Impact"
id"p1abw4-wdbc"
anchor
page23
valuenull
c
170.8
378.7
text"of"
id"p1abw4-5nla"
anchor
page23
valuenull
c
189.1
378.7
text"the"
id"p1abw4-7nhi"
anchor
page23
valuenull
c
211.2
378.7
text"the"
id"p1abw4-tgen"
anchor
page23
valuenull
c
234.8
378.7
text"end"
id"p1abw4-ikds"
anchor
page23
valuenull
c
254.6
378.7
text"of"
id"p1abw4-ykms"
anchor
page23
value-10
c
391.5
387.2
text"-10"
id"p1abw4-xcn1"
anchor
page23
valuenull
c
485.1
383.4
text"Euro"
id"p1abw4-pibf"
anchor
page23
value2.4
c
513.6
383.4
text"2.4"
id"p1abw4-aw5q"
anchor
page23
valuenull
c
548.1
383.4
text"billion"
id"p1abw4-1t6z"
anchor
page23
valuenull
c
620.5
383.4
text"grandfathered"
id"p1abw4-nbl6"
anchor
page23
valuenull
c
686.9
383.4
text"debt"
id"p1abw4-b3b3"
anchor
page23
valuenull
c
714.3
383.4
text"no"
id"p1abw4-v1cz"
anchor
page23
valuenull
c
747.2
383.4
text"longer"
id"p1abw4-ksbk"
anchor
page23
valuenull
c
795.7
383.4
text"eligible"
id"p1abw4-dci5"
anchor
page23
valuenull
c
830.5
383.4
text"as"
id"p1abw4-0zgy"
anchor
page23
valuenull
c
864
383.4
text"capital"
id"p1abw4-uk8y"
anchor
page23
valuenull
c
157.6
395.5
text"grandfathering"
id"p1abw4-zjoq"
anchor
page23
valuenull
c
223.2
395.5
text"period"
id"p1abw4-qbu1"
anchor
page23
valuenull
c
252.8
395.5
text"on"
id"p1abw4-h3rz"
anchor
page23
valuenull
c
485.6
402.5
text"from"
id"p1abw4-w8uu"
anchor
page23
valuenull
c
531.8
402.5
text"January"
id"p1abw4-pfcp"
anchor
page23
value1
c
567.7
402.5
text"1"
id"p1abw4-1vtn"
anchor
page23
value2026
c
592.5
402.5
text"2026"
id"p1abw4-zc9z"
anchor
page23
valuenull
c
193.2
412.3
text"January"
id"p1abw4-jtxo"
anchor
page23
value1
c
224.7
412.3
text"1"
id"p1abw4-uv65"
anchor
page23
value2026
c
246.6
412.3
text"2026"
id"p1abw4-qfy6"
anchor
page23
valuenull
c
371.6
407.9
text"to"
id"p1abw4-iwsv"
anchor
page23
value215
c
396.5
407.9
text"215%"
id"p1abw4-ihxj"
anchor
page23
valuenull
c
479
444.2
text"No"
id"p1abw4-hhse"
anchor
page23
valuenull
c
516
444.2
text"change"
id"p1abw4-xh1h"
anchor
page23
valuenull
c
574.1
444.2
text"expected"
id"p1abw4-28p8"
anchor
page23
valuenull
c
613.9
444.2
text"in"
id"p1abw4-bvlz"
anchor
page23
valuenull
c
648.2
444.2
text"organic"
id"p1abw4-mkq7"
anchor
page23
valuenull
c
698.7
444.2
text"capital"
id"p1abw4-idvf"
anchor
page23
valuenull
c
760.1
444.2
text"generation"
id"p1abw4-g14h"
anchor
page23
valuenull
c
105.5
449.8
text"Impact"
id"p1abw4-8opd"
anchor
page23
valuenull
c
134.6
449.8
text"of"
id"p1abw4-27hp"
anchor
page23
valuenull
c
169.5
449.8
text"Solvency"
id"p1abw4-zya4"
anchor
page23
valuenull
c
202.4
449.8
text"II"
id"p1abw4-pyzq"
anchor
page23
valuenull
c
231.9
449.8
text"revision"
id"p1abw4-073u"
anchor
page23
valuenull
c
396.2
457.3
text"+17pts1"
id"p1abw4-tw49"
anchor
page23
valuenull
c
104.5
466.5
text"to"
id"p1abw4-1m7b"
anchor
page23
valuenull
c
129.7
466.5
text"come"
id"p1abw4-y3yn"
anchor
page23
valuenull
c
160.6
466.5
text"into"
id"p1abw4-kj3j"
anchor
page23
valuenull
c
191.7
466.5
text"effect"
id"p1abw4-dyjk"
anchor
page23
valuenull
c
216.8
466.5
text"in"
id"p1abw4-3pgr"
anchor
page23
valuenull
c
240.2
466.5
text"1Q27"
id"p1abw4-p6kq"
anchor
page23
valuenull
c
504.1
467.5
text"Additional"
id"p1abw4-q9gb"
anchor
page23
valuenull
c
564.4
467.5
text"capital"
id"p1abw4-xl1c"
anchor
page23
valuenull
c
620.2
467.5
text"flexibility"
id"p1abw4-x3cy"
anchor
page23
value23
c
34.6
514.5
text"23"
id"p1abw4-bgmo"
anchor
page23
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-tzrb"
anchor
page23
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-0307"
anchor
page23
value2025
c
112.2
514.5
text"2025"
id"p1abw4-h2cl"
anchor
page23
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-taij"
anchor
page23
valuenull
c
200.4
514.5
text"February"
id"p1abw4-2je4"
anchor
page23
value26
c
232.6
514.5
text"26"
id"p1abw4-anvj"
anchor
page23
value2026
c
254.4
514.5
text"2026"
id"p1abw4-bda3"
anchor
page23
valuenull
c
597.8
515.1
text"See"
id"p1abw4-dwra"
anchor
page23
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-6w28"
anchor
page23
valuenull
c
648.5
515.1
text"for"
id"p1abw4-q6tc"
anchor
page23
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-nzc0"
anchor
page23
valuenull
c
722
515.1
text"and"
id"p1abw4-hdte"
anchor
page23
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-dzgw"
anchor
page23
valuenull
c
777.9
515.1
text"on"
id"p1abw4-g2mf"
anchor
page23
valuenull
c
795.2
515.1
text"page"
id"p1abw4-ybqd"
anchor
page23
value36
c
812.2
515.1
text"36"
id"p1abw4-hel9"
anchor
page23
valuenull
c
821.7
515.1
text"&"
id"p1abw4-t7a7"
anchor
page23
value37
c
831.4
515.1
text"37"
id"p1abw4-13re"
anchor
page23
valuenull
c
842
515.1
text"of"
id"p1abw4-9fhy"
anchor
page23
valuenull
c
855.3
515.1
text"this"
id"p1abw4-hfqb"
anchor
page23
valuenull
c
886.4
515.1
text"document."
id"p1abw4-jrdd"
anchor
page24
value4
c
96.3
222.6
text"4"
id"p1abw4-m56f"
anchor
page24
valuenull
c
221.5
237.1
text"France"
id"p1abw4-deul"
anchor
page24
valuenull
c
199.3
291.4
text"Mathieu"
id"p1abw4-49nw"
anchor
page24
valuenull
c
296.1
291.4
text"Godart"
id"p1abw4-sapw"
anchor
page24
valuenull
c
168.4
322.8
text"AXA"
id"p1abw4-3fau"
anchor
page24
valuenull
c
224.8
322.8
text"France"
id"p1abw4-xscv"
anchor
page24
valuenull
c
283.3
322.8
text"CEO"
id"p1abw4-n30l"
anchor
page24
value24
c
34.9
514.5
text"24"
id"p1abw4-zag2"
anchor
page24
valuenull
c
64.9
514.5
text"Full"
id"p1abw4-ebul"
anchor
page24
valuenull
c
88.4
514.5
text"Year"
id"p1abw4-js21"
anchor
page24
value2025
c
114.8
514.5
text"2025"
id"p1abw4-pvpv"
anchor
page24
valuenull
c
152.6
514.5
text"Earnings"
id"p1abw4-01vr"
anchor
page24
valuenull
c
206.9
514.5
text"February"
id"p1abw4-ozfq"
anchor
page24
value26
c
240.5
514.5
text"26"
id"p1abw4-yaqh"
anchor
page24
value2026
c
263.2
514.5
text"2026"
id"p1abw4-sv8r"
anchor
page25
valuenull
c
213.2
55.3
text"I"
id"p1abw4-84lb"
anchor
page25
valuenull
c
66.8
58.6
text"AXA"
id"p1abw4-m4s7"
anchor
page25
valuenull
c
134.8
58.6
text"France"
id"p1abw4-u224"
anchor
page25
valuenull
c
236.9
58.6
text"A"
id"p1abw4-v34x"
anchor
page25
valuenull
c
287.4
58.6
text"leader"
id"p1abw4-ndrq"
anchor
page25
valuenull
c
368.6
58.6
text"with"
id"p1abw4-w7oo"
anchor
page25
valuenull
c
467.4
58.6
text"distinctive"
id"p1abw4-psqb"
anchor
page25
valuenull
c
605.4
58.6
text"strengths"
id"p1abw4-ye6r"
anchor
page25
valuenull
c
83.8
131.6
text"SOLID"
id"p1abw4-csva"
anchor
page25
valuenull
c
131.3
131.6
text"AND"
id"p1abw4-f2n8"
anchor
page25
valuenull
c
205.3
131.6
text"DIVERSIFIED"
id"p1abw4-p5fz"
anchor
page25
valuenull
c
394.6
132.1
text"KEY"
id"p1abw4-rhxu"
anchor
page25
valuenull
c
451.1
132.1
text"FIGURES"
id"p1abw4-20b5"
anchor
page25
value1
c
606
152
text"1"
id"p1abw4-x9vp"
anchor
page25
valuenull
c
106.3
155.6
text"FRANCHISE"
id"p1abw4-9opq"
anchor
page25
valuenull
c
630.4
155.9
text"out"
id"p1abw4-9thd"
anchor
page25
valuenull
c
657.7
155.9
text"of"
id"p1abw4-hia0"
anchor
page25
value5
c
675.8
155.9
text"5"
id"p1abw4-r2tj"
anchor
page25
valuenull
c
456.7
174.2
text">8m"
id"p1abw4-vyyf"
anchor
page25
value2.5
c
824
172.3
text"2.5"
id"p1abw4-dbhe"
anchor
page25
valuenull
c
66.8
176.7
text"(FY25"
id"p1abw4-bxei"
anchor
page25
valuenull
c
100.4
176.7
text"Revenues"
id"p1abw4-kj81"
anchor
page25
valuenull
c
142.1
176.7
text"including"
id"p1abw4-hvg8"
anchor
page25
valuenull
c
191.3
176.7
text"international"
id"p1abw4-rmnz"
anchor
page25
valuenull
c
241.1
176.7
text"activities)"
id"p1abw4-3bz2"
anchor
page25
valuenull
c
635.3
183.1
text"households"
id"p1abw4-ekr0"
anchor
page25
valuenull
c
431.9
200.4
text"Retail"
id"p1abw4-0xmu"
anchor
page25
valuenull
c
476.5
200.4
text"clients"
id"p1abw4-e2m4"
anchor
page25
valuenull
c
615.1
202.2
text"insured"
id"p1abw4-a3wj"
anchor
page25
valuenull
c
651.8
202.2
text"by"
id"p1abw4-3g3i"
anchor
page25
valuenull
c
675.9
202.2
text"AXA"
id"p1abw4-o92o"
anchor
page25
valuenull
c
791.6
198.7
text"contracts"
id"p1abw4-4a5c"
anchor
page25
valuenull
c
837.2
198.7
text"per"
id"p1abw4-a9ca"
anchor
page25
valuenull
c
870.1
198.7
text"client"
id"p1abw4-a9tk"
anchor
page25
valuenull
c
797.5
217.8
text"on"
id"p1abw4-4ngn"
anchor
page25
valuenull
c
834.5
217.8
text"average"
id"p1abw4-va6i"
anchor
page25
valuenull
c
95.8
220.3
text"#1"
id"p1abw4-g31e"
anchor
page25
valuenull
c
128
220.5
text"Health"
id"p1abw4-wqfs"
anchor
page25
valuenull
c
154.2
220.5
text"&"
id"p1abw4-3nff"
anchor
page25
valuenull
c
191.5
220.5
text"Protection"
id"p1abw4-7z1h"
anchor
page25
valuenull
c
616.8
221.4
text"in"
id"p1abw4-9miq"
anchor
page25
valuenull
c
649
221.4
text"France"
id"p1abw4-sxoq"
anchor
page25
valuenull
c
93.2
247.3
text"#2"
id"p1abw4-t1su"
anchor
page25
valuenull
c
134.3
247.3
text"Property"
id"p1abw4-8wpp"
anchor
page25
valuenull
c
167
247.3
text"&"
id"p1abw4-tjeo"
anchor
page25
valuenull
c
198.8
247.3
text"Casualty"
id"p1abw4-ihbt"
anchor
page25
valuenull
c
93.1
275.6
text"#7"
id"p1abw4-z6om"
anchor
page25
valuenull
c
131.1
275.2
text"Savings"
id"p1abw4-vgc1"
anchor
page25
valuenull
c
160.4
275.2
text"&"
id"p1abw4-ts22"
anchor
page25
valuenull
c
193
275.2
text"Pensions"
id"p1abw4-a5z4"
anchor
page25
value1
c
382.6
288.9
text"1"
id"p1abw4-twwv"
anchor
page25
valuenull
c
639.5
288.9
text">6m"
id"p1abw4-yfw3"
anchor
page25
value1
c
776.5
288.9
text"1"
id"p1abw4-dsag"
anchor
page25
valuenull
c
412
291.9
text"out"
id"p1abw4-g9wo"
anchor
page25
valuenull
c
444.1
291.9
text"of"
id"p1abw4-6qbp"
anchor
page25
value3
c
465.6
291.9
text"3"
id"p1abw4-qwel"
anchor
page25
valuenull
c
510.4
291.9
text"SMEs"
id"p1abw4-f0ep"
anchor
page25
valuenull
c
836.2
291.9
text"minute"
id"p1abw4-db67"
anchor
page25
valuenull
c
432.3
315.2
text"insured"
id"p1abw4-vqno"
anchor
page25
valuenull
c
469
315.2
text"by"
id"p1abw4-ihne"
anchor
page25
valuenull
c
493.1
315.2
text"AXA"
id"p1abw4-alpi"
anchor
page25
valuenull
c
613
316.4
text"Employee"
id"p1abw4-nlwu"
anchor
page25
valuenull
c
676
316.4
text"Benefits"
id"p1abw4-dajs"
anchor
page25
valuenull
c
801.2
315.2
text"commercial"
id"p1abw4-o9ua"
anchor
page25
valuenull
c
865.6
315.2
text"claims"
id"p1abw4-5rfn"
anchor
page25
valuenull
c
434
334.5
text"in"
id"p1abw4-mfdk"
anchor
page25
valuenull
c
466.2
334.5
text"France"
id"p1abw4-78cd"
anchor
page25
valuenull
c
641.6
335.5
text"beneficiaries"
id"p1abw4-h6zd"
anchor
page25
valuenull
c
824.5
334.5
text"covered"
id"p1abw4-2q1g"
anchor
page25
valuenull
c
105.7
357.2
text"Health"
id"p1abw4-qh91"
anchor
page25
valuenull
c
283.6
360
text"Savings"
id"p1abw4-8k42"
anchor
page25
valuenull
c
59
372.4
text"&"
id"p1abw4-rdqp"
anchor
page25
valuenull
c
97
372.4
text"Protection"
id"p1abw4-y09h"
anchor
page25
value34
c
148.4
365.5
text"34%"
id"p1abw4-72lt"
anchor
page25
value35
c
239.6
367.7
text"35%"
id"p1abw4-895s"
anchor
page25
valuenull
c
265.3
375.1
text"&"
id"p1abw4-lw1l"
anchor
page25
valuenull
c
298.8
375.1
text"Pensions"
id"p1abw4-y7dj"
anchor
page25
value31
c
191.8
385.4
text"€31"
id"p1abw4-dve6"
anchor
page25
value33000
c
448.4
404.5
text"33,000"
id"p1abw4-d1yd"
anchor
page25
valuenull
c
639
404.5
text">€10bn"
id"p1abw4-q4y4"
anchor
page25
value37
c
823
404.5
text"€37"
id"p1abw4-xvfc"
anchor
page25
valuenull
c
429.5
430.9
text"people"
id"p1abw4-s906"
anchor
page25
valuenull
c
482.9
430.9
text"working"
id"p1abw4-bi95"
anchor
page25
valuenull
c
620.6
430.9
text"invested"
id"p1abw4-ylpl"
anchor
page25
valuenull
c
658.5
430.9
text"in"
id"p1abw4-bb8t"
anchor
page25
valuenull
c
679.1
430.9
text"the"
id"p1abw4-56hg"
anchor
page25
valuenull
c
781.4
430.9
text"claims"
id"p1abw4-6b89"
anchor
page25
valuenull
c
821.2
430.9
text"paid"
id"p1abw4-hfiu"
anchor
page25
valuenull
c
850.5
430.9
text"per"
id"p1abw4-kuq8"
anchor
page25
valuenull
c
877
430.9
text"day"
id"p1abw4-ws94"
anchor
page25
value31
c
196.4
432.2
text"31%"
id"p1abw4-a5xm"
anchor
page25
valuenull
c
411.5
450
text"for"
id"p1abw4-e6be"
anchor
page25
valuenull
c
436.8
450
text"AXA"
id"p1abw4-xjjx"
anchor
page25
valuenull
c
459.4
450
text"in"
id"p1abw4-ztyq"
anchor
page25
valuenull
c
491.6
450
text"France"
id"p1abw4-xipr"
anchor
page25
valuenull
c
641.1
450
text"economy"
id"p1abw4-v6wb"
anchor
page25
valuenull
c
796.4
450
text"on"
id"p1abw4-6zuh"
anchor
page25
valuenull
c
834.8
450
text"average"
id"p1abw4-drsf"
anchor
page25
valuenull
c
162.6
460.2
text"Property"
id"p1abw4-ghry"
anchor
page25
valuenull
c
195.2
460.2
text"&"
id"p1abw4-59kw"
anchor
page25
valuenull
c
227.6
460.2
text"Casualty"
id"p1abw4-iv7b"
anchor
page25
value25
c
34.6
514.5
text"25"
id"p1abw4-3hig"
anchor
page25
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-mdja"
anchor
page25
valuenull
c
87
514.5
text"Year"
id"p1abw4-3o3o"
anchor
page25
value2025
c
112.2
514.5
text"2025"
id"p1abw4-oxi8"
anchor
page25
valuenull
c
148.5
514.5
text"Earnings"
id"p1abw4-6c2j"
anchor
page25
valuenull
c
200.4
514.5
text"February"
id"p1abw4-47wg"
anchor
page25
value26
c
232.8
514.5
text"26"
id"p1abw4-6k7s"
anchor
page25
value2026
c
254.4
514.5
text"2026"
id"p1abw4-i29b"
anchor
page25
valuenull
c
597.8
515.1
text"See"
id"p1abw4-ygx8"
anchor
page25
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-d7se"
anchor
page25
valuenull
c
648.5
515.1
text"for"
id"p1abw4-pair"
anchor
page25
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-4n02"
anchor
page25
valuenull
c
722
515.1
text"and"
id"p1abw4-4tfi"
anchor
page25
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-7sc6"
anchor
page25
valuenull
c
777.9
515.1
text"on"
id"p1abw4-1pdn"
anchor
page25
valuenull
c
795.2
515.1
text"page"
id"p1abw4-ge0l"
anchor
page25
value36
c
812.2
515.1
text"36"
id"p1abw4-5g36"
anchor
page25
valuenull
c
821.7
515.1
text"&"
id"p1abw4-c7f5"
anchor
page25
value37
c
831.4
515.1
text"37"
id"p1abw4-m6pv"
anchor
page25
valuenull
c
842
515.1
text"of"
id"p1abw4-dvno"
anchor
page25
valuenull
c
855.3
515.1
text"this"
id"p1abw4-xtmv"
anchor
page25
valuenull
c
886.4
515.1
text"document."
id"p1abw4-tsem"
anchor
page26
valuenull
c
213.2
55.3
text"I"
id"p1abw4-wn3d"
anchor
page26
valuenull
c
66.8
58.6
text"AXA"
id"p1abw4-xh52"
anchor
page26
valuenull
c
134.8
58.6
text"France"
id"p1abw4-ekl8"
anchor
page26
valuenull
c
281.6
58.6
text"Dynamic,"
id"p1abw4-9v4j"
anchor
page26
valuenull
c
399.9
58.6
text"organic"
id"p1abw4-61ir"
anchor
page26
valuenull
c
484
58.6
text"and"
id"p1abw4-v2cq"
anchor
page26
valuenull
c
567.6
58.6
text"profitable"
id"p1abw4-4jd6"
anchor
page26
valuenull
c
695.2
58.6
text"growth"
id"p1abw4-egf1"
anchor
page26
valuenull
c
100.2
132.1
text"REVENUES"
id"p1abw4-ldy5"
anchor
page26
valuenull
c
361.8
132.1
text"KEY"
id"p1abw4-8188"
anchor
page26
valuenull
c
432.4
132.1
text"TAKEAWAYS"
id"p1abw4-covq"
anchor
page26
valuenull
c
692.4
133.3
text"UNDERLYING"
id"p1abw4-5wpg"
anchor
page26
valuenull
c
794.8
133.3
text"EARNINGS"
id"p1abw4-gdc5"
anchor
page26
valuenull
c
642.7
154.2
text"In"
id"p1abw4-x3hq"
anchor
page26
valuenull
c
663.2
154.2
text"Euro"
id"p1abw4-b14s"
anchor
page26
valuenull
c
695.1
154.2
text"billion"
id"p1abw4-lzf0"
anchor
page26
value31
c
186.1
186.2
text"€31"
id"p1abw4-ryoe"
anchor
page26
value7
c
767
180.4
text"+7%"
id"p1abw4-yzo2"
anchor
page26
value430
c
568.5
200
text"+430"
id"p1abw4-8g1q"
anchor
page26
valuenull
c
380.7
199.2
text"Additional"
id"p1abw4-ob6x"
anchor
page26
value2.2
c
825.9
206.3
text"2.2"
id"p1abw4-8rfo"
anchor
page26
valuenull
c
360.1
218.3
text"new"
id"p1abw4-79tt"
anchor
page26
valuenull
c
416.6
218.3
text"distributors"
id"p1abw4-ibbo"
anchor
page26
value2.1
c
707.2
216.8
text"2.1"
id"p1abw4-mxrv"
anchor
page26
value6
c
161.2
229.6
text"+6%"
id"p1abw4-7pby"
anchor
page26
valuenull
c
574.1
217.5
text"nouveaux"
id"p1abw4-4jgp"
anchor
page26
valuenull
c
196.1
231.8
text"vs."
id"p1abw4-4wit"
anchor
page26
valuenull
c
224.2
231.8
text"FY24"
id"p1abw4-vwzt"
anchor
page26
valuenull
c
565.9
227.5
text"distributeurs"
id"p1abw4-1l96"
anchor
page26
value7
c
276.2
286.7
text"+7%"
id"p1abw4-dbl3"
anchor
page26
valuenull
c
380.7
273.5
text"Additional"
id"p1abw4-05u5"
anchor
page26
valuenull
c
135.8
280.5
text"P&C"
id"p1abw4-76we"
anchor
page26
value550
c
561.5
281.9
text"+550"
id"p1abw4-xv9t"
anchor
page26
valuenull
c
597.6
284.9
text"k"
id"p1abw4-mxln"
anchor
page26
valuenull
c
377.6
292.8
text"contracts"
id"p1abw4-zltz"
anchor
page26
valuenull
c
594.1
299.3
text"net"
id"p1abw4-8k2c"
anchor
page26
valuenull
c
380.7
335.8
text"Additional"
id"p1abw4-m1d4"
anchor
page26
value250
c
562.7
344.1
text"+250"
id"p1abw4-oq7f"
anchor
page26
valuenull
c
145.7
344.1
text"Health"
id"p1abw4-u3gh"
anchor
page26
value4
c
269.2
359.7
text"+4%"
id"p1abw4-2ino"
anchor
page26
valuenull
c
597.6
347.1
text"k"
id"p1abw4-znc8"
anchor
page26
valuenull
c
368.2
355
text"clients"
id"p1abw4-fkt7"
anchor
page26
valuenull
c
127.3
363.3
text"&"
id"p1abw4-iny2"
anchor
page26
valuenull
c
173.5
363.3
text"Protection"
id"p1abw4-r4hn"
anchor
page26
valuenull
c
594.1
361.6
text"net"
id"p1abw4-nabv"
anchor
page26
valuenull
c
370.9
408
text"Growth"
id"p1abw4-kei1"
anchor
page26
valuenull
c
405.7
408
text"of"
id"p1abw4-muor"
anchor
page26
valuenull
c
452.1
408
text"individuals"
id"p1abw4-hlnq"
anchor
page26
valuenull
c
152.5
417.4
text"Savings"
id"p1abw4-vbav"
anchor
page26
value7
c
267.9
433
text"+7%"
id"p1abw4-akud"
anchor
page26
value3.3
c
564.1
424.6
text"€+3.3"
id"p1abw4-c8vs"
anchor
page26
valuenull
c
370.9
427.2
text"savings"
id"p1abw4-b2gq"
anchor
page26
valuenull
c
420.1
427.2
text"assets"
id"p1abw4-h9fr"
anchor
page26
valuenull
c
130.4
434.6
text"&"
id"p1abw4-7r9z"
anchor
page26
valuenull
c
170.8
434.6
text"Pensions"
id"p1abw4-vxv7"
anchor
page26
valuenull
c
708.5
475
text"FY24"
id"p1abw4-6elb"
anchor
page26
valuenull
c
825.1
475.4
text"FY25"
id"p1abw4-ewvy"
anchor
page26
value26
c
34.6
514.5
text"26"
id"p1abw4-7jzq"
anchor
page26
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-jki2"
anchor
page26
valuenull
c
87
514.5
text"Year"
id"p1abw4-kg71"
anchor
page26
value2025
c
112.2
514.5
text"2025"
id"p1abw4-xlvv"
anchor
page26
valuenull
c
148.5
514.5
text"Earnings"
id"p1abw4-m4ps"
anchor
page26
valuenull
c
200.4
514.5
text"February"
id"p1abw4-llsh"
anchor
page26
value26
c
232.8
514.5
text"26"
id"p1abw4-dx0g"
anchor
page26
value2026
c
254.4
514.5
text"2026"
id"p1abw4-sma0"
anchor
page26
valuenull
c
597.8
515.1
text"See"
id"p1abw4-woj4"
anchor
page26
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-pdmn"
anchor
page26
valuenull
c
648.5
515.1
text"for"
id"p1abw4-skzu"
anchor
page26
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-1wxz"
anchor
page26
valuenull
c
722
515.1
text"and"
id"p1abw4-wwuq"
anchor
page26
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-4zmh"
anchor
page26
valuenull
c
777.9
515.1
text"on"
id"p1abw4-74wj"
anchor
page26
valuenull
c
795.2
515.1
text"page"
id"p1abw4-3mar"
anchor
page26
value36
c
812.2
515.1
text"36"
id"p1abw4-zikh"
anchor
page26
valuenull
c
821.7
515.1
text"&"
id"p1abw4-t5ss"
anchor
page26
value37
c
831.4
515.1
text"37"
id"p1abw4-2mpl"
anchor
page26
valuenull
c
842
515.1
text"of"
id"p1abw4-exgi"
anchor
page26
valuenull
c
855.3
515.1
text"this"
id"p1abw4-n6a6"
anchor
page26
valuenull
c
886.4
515.1
text"document."
id"p1abw4-yucf"
anchor
page27
valuenull
c
213.2
55.3
text"I"
id"p1abw4-3lkd"
anchor
page27
valuenull
c
66.8
58.6
text"AXA"
id"p1abw4-b5l8"
anchor
page27
valuenull
c
134.8
58.6
text"France"
id"p1abw4-bhun"
anchor
page27
valuenull
c
275.8
58.6
text"and"
id"p1abw4-vv8e"
anchor
page27
valuenull
c
317.5
58.6
text"an"
id"p1abw4-hrzy"
anchor
page27
valuenull
c
417.7
58.6
text"acceleration"
id"p1abw4-x9j9"
anchor
page27
valuenull
c
526.3
58.6
text"of"
id"p1abw4-dd50"
anchor
page27
valuenull
c
566.4
58.6
text"our"
id"p1abw4-zwhq"
anchor
page27
valuenull
c
678.8
58.6
text"commitments"
id"p1abw4-vfcy"
anchor
page27
valuenull
c
611.1
160.9
text"CLIMATE"
id"p1abw4-zqk4"
anchor
page27
valuenull
c
684.3
160.9
text"AND"
id"p1abw4-3l4r"
anchor
page27
valuenull
c
181.4
174.2
text"CUSTOMER"
id"p1abw4-ea2z"
anchor
page27
valuenull
c
634
186.8
text"PREVENTION"
id"p1abw4-qsw0"
anchor
page27
valuenull
c
91.1
237.2
text"New"
id"p1abw4-3xem"
anchor
page27
valuenull
c
144.6
237.2
text"insurance"
id"p1abw4-46an"
anchor
page27
valuenull
c
210.7
237.2
text"product"
id"p1abw4-sq6o"
anchor
page27
valuenull
c
249.1
237.2
text"to"
id"p1abw4-l19r"
anchor
page27
valuenull
c
285.6
237.2
text"address"
id"p1abw4-4g71"
anchor
page27
valuenull
c
347.9
237.2
text"domestic"
id"p1abw4-6pwv"
anchor
page27
valuenull
c
413.5
237.2
text"violence"
id"p1abw4-87qk"
anchor
page27
value22
c
525.4
237.2
text"22%"
id"p1abw4-gd15"
anchor
page27
valuenull
c
551.1
237.2
text"of"
id"p1abw4-58mh"
anchor
page27
valuenull
c
577.9
237.2
text"auto"
id"p1abw4-t0on"
anchor
page27
valuenull
c
622.4
237.2
text"repairs"
id"p1abw4-1912"
anchor
page27
valuenull
c
668.8
237.2
text"using"
id"p1abw4-o7eu"
anchor
page27
valuenull
c
713
237.2
text"reused"
id"p1abw4-avby"
anchor
page27
valuenull
c
756.4
237.2
text"parts"
id"p1abw4-ahj6"
anchor
page27
value90
c
90.7
268.5
text"90%"
id"p1abw4-ljb4"
anchor
page27
valuenull
c
141.1
268.5
text"customer"
id"p1abw4-cglk"
anchor
page27
valuenull
c
214.9
268.5
text"satisfaction"
id"p1abw4-zckx"
anchor
page27
valuenull
c
270.2
268.5
text"rate"
id"p1abw4-d9e3"
anchor
page27
value300
c
522.7
271.5
text"300"
id"p1abw4-923q"
anchor
page27
valuenull
c
573.3
271.5
text"Municipal"
id"p1abw4-bkse"
anchor
page27
valuenull
c
647.2
271.5
text"Safeguard"
id"p1abw4-qpu5"
anchor
page27
valuenull
c
706
271.5
text"Plans"
id"p1abw4-9v40"
anchor
page27
valuenull
c
756.9
271.5
text"initiated"
id"p1abw4-e8ir"
anchor
page27
valuenull
c
802.7
271.5
text"with"
id"p1abw4-0vhk"
anchor
page27
valuenull
c
833.5
271.5
text"AXA"
id"p1abw4-89s4"
anchor
page27
valuenull
c
546.8
290.6
text"Prevention"
id"p1abw4-kj1z"
anchor
page27
valuenull
c
93.2
299.6
text"More"
id"p1abw4-3mf8"
anchor
page27
valuenull
c
130.8
299.6
text"than"
id"p1abw4-bxle"
anchor
page27
value90
c
165.7
299.6
text"90%"
id"p1abw4-8ein"
anchor
page27
valuenull
c
191.1
299.6
text"of"
id"p1abw4-4olb"
anchor
page27
valuenull
c
218.4
299.6
text"retail"
id"p1abw4-gma2"
anchor
page27
valuenull
c
257.8
299.6
text"client"
id"p1abw4-j8wr"
anchor
page27
valuenull
c
308.4
299.6
text"journeys"
id"p1abw4-o613"
anchor
page27
valuenull
c
346.9
299.6
text"in"
id"p1abw4-kqj4"
anchor
page27
valuenull
c
367.5
299.6
text"the"
id"p1abw4-nxop"
anchor
page27
valuenull
c
396.5
299.6
text"app."
id"p1abw4-fmmr"
anchor
page27
valuenull
c
527.9
324.9
text"More"
id"p1abw4-i5no"
anchor
page27
valuenull
c
565.5
324.9
text"than"
id"p1abw4-wtk9"
anchor
page27
value1500
c
604.3
324.9
text"1,500"
id"p1abw4-1p95"
anchor
page27
valuenull
c
643.9
324.9
text"risks"
id"p1abw4-5272"
anchor
page27
valuenull
c
682.8
324.9
text"visits"
id"p1abw4-yqi8"
anchor
page27
valuenull
c
716.8
324.9
text"per"
id"p1abw4-pd0q"
anchor
page27
valuenull
c
750
324.9
text"year,"
id"p1abw4-p5ts"
anchor
page27
valuenull
c
779.4
324.9
text"by"
id"p1abw4-x2r4"
anchor
page27
valuenull
c
815.6
324.9
text"experts"
id"p1abw4-2s61"
anchor
page27
valuenull
c
850.5
324.9
text"to"
id"p1abw4-92dn"
anchor
page27
value1.8
c
86.2
330.9
text"1.8"
id"p1abw4-8gxf"
anchor
page27
valuenull
c
125.2
330.9
text"million"
id"p1abw4-xcob"
anchor
page27
valuenull
c
180.1
330.9
text"modest"
id"p1abw4-f67e"
anchor
page27
valuenull
c
235.9
330.9
text"income"
id"p1abw4-ktqa"
anchor
page27
valuenull
c
290.6
330.9
text"clients,"
id"p1abw4-selo"
anchor
page27
valuenull
c
337
330.9
text"more"
id"p1abw4-x52h"
anchor
page27
valuenull
c
373.4
330.9
text"than"
id"p1abw4-a702"
anchor
page27
value20
c
406.8
330.9
text"20%"
id"p1abw4-xc9c"
anchor
page27
valuenull
c
536.5
344
text"support"
id"p1abw4-kfdd"
anchor
page27
valuenull
c
577.5
344
text"our"
id"p1abw4-ur8g"
anchor
page27
valuenull
c
632.7
344
text"Commercial"
id"p1abw4-8j13"
anchor
page27
valuenull
c
698.5
344
text"clients"
id"p1abw4-m8ez"
anchor
page27
valuenull
c
82.1
350
text"of"
id"p1abw4-8wcb"
anchor
page27
valuenull
c
112.9
350
text"whom"
id"p1abw4-5cd7"
anchor
page27
valuenull
c
148.2
350
text"are"
id"p1abw4-pktv"
anchor
page27
valuenull
c
188.9
350
text"covered"
id"p1abw4-bfnt"
anchor
page27
valuenull
c
227.1
350
text"by"
id"p1abw4-41bf"
anchor
page27
valuenull
c
272
350
text"dedicated"
id"p1abw4-ired"
anchor
page27
valuenull
c
327.9
350
text"offers"
id"p1abw4-ko5g"
anchor
page27
valuenull
c
534
378.2
text"Partial"
id"p1abw4-qiu4"
anchor
page27
valuenull
c
616
378.2
text"reimbursement"
id"p1abw4-0zjv"
anchor
page27
valuenull
c
681.5
378.2
text"of"
id"p1abw4-2kzt"
anchor
page27
valuenull
c
722.2
378.2
text"genomic"
id"p1abw4-hvrv"
anchor
page27
valuenull
c
773
378.2
text"tests"
id"p1abw4-jcps"
anchor
page27
valuenull
c
803.1
378.2
text"for"
id"p1abw4-pm72"
anchor
page27
valuenull
c
836.9
378.2
text"breast"
id"p1abw4-r6yy"
anchor
page27
valuenull
c
883.8
378.2
text"cancer"
id"p1abw4-zn7e"
anchor
page27
value27
c
34.6
514.5
text"27"
id"p1abw4-wvtb"
anchor
page27
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-dg8c"
anchor
page27
valuenull
c
87
514.5
text"Year"
id"p1abw4-slz3"
anchor
page27
value2025
c
112.2
514.5
text"2025"
id"p1abw4-6epe"
anchor
page27
valuenull
c
148.5
514.5
text"Earnings"
id"p1abw4-2g2o"
anchor
page27
valuenull
c
200.4
514.5
text"February"
id"p1abw4-r9ez"
anchor
page27
value26
c
232.8
514.5
text"26"
id"p1abw4-2daf"
anchor
page27
value2026
c
254.4
514.5
text"2026"
id"p1abw4-m5nz"
anchor
page27
valuenull
c
597.8
515.1
text"See"
id"p1abw4-k0pa"
anchor
page27
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-xuwy"
anchor
page27
valuenull
c
648.5
515.1
text"for"
id"p1abw4-zbma"
anchor
page27
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-v2s5"
anchor
page27
valuenull
c
722
515.1
text"and"
id"p1abw4-21vo"
anchor
page27
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-ndnc"
anchor
page27
valuenull
c
777.9
515.1
text"on"
id"p1abw4-f7ps"
anchor
page27
valuenull
c
795.2
515.1
text"page"
id"p1abw4-2f0d"
anchor
page27
value36
c
812.2
515.1
text"36"
id"p1abw4-8pqb"
anchor
page27
valuenull
c
821.7
515.1
text"&"
id"p1abw4-og48"
anchor
page27
value37
c
831.4
515.1
text"37"
id"p1abw4-xw1f"
anchor
page27
valuenull
c
842
515.1
text"of"
id"p1abw4-gvs9"
anchor
page27
valuenull
c
855.3
515.1
text"this"
id"p1abw4-2qr2"
anchor
page27
valuenull
c
886.4
515.1
text"document."
id"p1abw4-9cs5"
anchor
page28
value5
c
99.7
222.6
text"5"
id"p1abw4-tial"
anchor
page28
valuenull
c
267.5
237.1
text"Conclusion"
id"p1abw4-qwdu"
anchor
page28
valuenull
c
198.4
291.4
text"Thomas"
id"p1abw4-0epw"
anchor
page28
valuenull
c
292.5
291.4
text"Buberl"
id"p1abw4-g1xl"
anchor
page28
valuenull
c
180.3
322.8
text"Group"
id"p1abw4-rxbs"
anchor
page28
valuenull
c
235.4
322.8
text"CEO"
id"p1abw4-w9m8"
anchor
page28
value28
c
34.9
514.5
text"28"
id"p1abw4-v7h8"
anchor
page28
valuenull
c
64.9
514.5
text"Full"
id"p1abw4-m7oc"
anchor
page28
valuenull
c
88.4
514.5
text"Year"
id"p1abw4-41m6"
anchor
page28
value2025
c
114.8
514.5
text"2025"
id"p1abw4-nwup"
anchor
page28
valuenull
c
152.6
514.5
text"Earnings"
id"p1abw4-1kww"
anchor
page28
valuenull
c
206.9
514.5
text"February"
id"p1abw4-iqa0"
anchor
page28
value26
c
240.5
514.5
text"26"
id"p1abw4-af2q"
anchor
page28
value2026
c
263.2
514.5
text"2026"
id"p1abw4-xluu"
anchor
page29
valuenull
c
217.7
43.7
text"Full"
id"p1abw4-0kmf"
anchor
page29
valuenull
c
269.5
43.7
text"Year"
id"p1abw4-wmrt"
anchor
page29
value2025
c
329.5
43.7
text"2025"
id"p1abw4-kgu5"
anchor
page29
valuenull
c
412.7
43.7
text"earnings"
id"p1abw4-20cv"
anchor
page29
valuenull
c
558.2
43.7
text"Well"
id"p1abw4-s20j"
anchor
page29
valuenull
c
611.4
43.7
text"on"
id"p1abw4-t3da"
anchor
page29
valuenull
c
664.9
43.7
text"track"
id"p1abw4-vv05"
anchor
page29
valuenull
c
723
43.7
text"to"
id"p1abw4-ptl0"
anchor
page29
valuenull
c
782.1
43.7
text"deliver"
id"p1abw4-rbqu"
anchor
page29
valuenull
c
217.1
74
text"our"
id"p1abw4-g00z"
anchor
page29
valuenull
c
274.9
74
text"plan"
id"p1abw4-3mlv"
anchor
page29
valuenull
c
65.2
132.7
text"MAIN"
id"p1abw4-4rph"
anchor
page29
valuenull
c
135.7
132.7
text"FINANCIAL"
id"p1abw4-vjkl"
anchor
page29
valuenull
c
223
132.7
text"TARGETS"
id"p1abw4-g60j"
anchor
page29
valuenull
c
312.2
165.9
text"TARGET"
id"p1abw4-i0ps"
anchor
page29
valuenull
c
507.1
165.9
text"ACHIEVEMENTS"
id"p1abw4-g3wr"
anchor
page29
valuenull
c
312.2
185.2
text"2024-2026E"
id"p1abw4-yrh6"
anchor
page29
valuenull
c
488.7
185.2
text"IN"
id"p1abw4-juri"
anchor
page29
value2025
c
516.5
185.2
text"2025"
id"p1abw4-1uaw"
anchor
page29
valuenull
c
704.3
198.7
text"Record"
id"p1abw4-xb68"
anchor
page29
valuenull
c
762.1
198.7
text"results,"
id"p1abw4-b9ad"
anchor
page29
valuenull
c
800.8
198.7
text"at"
id"p1abw4-kwhx"
anchor
page29
valuenull
c
824.8
198.7
text"the"
id"p1abw4-hqts"
anchor
page29
valuenull
c
853.5
198.7
text"top"
id"p1abw4-p70u"
anchor
page29
valuenull
c
884.5
198.7
text"end"
id"p1abw4-kpg0"
anchor
page29
valuenull
c
910.2
198.7
text"of"
id"p1abw4-71kd"
anchor
page29
valuenull
c
690.2
220.2
text"the"
id"p1abw4-kkdo"
anchor
page29
valuenull
c
729
220.2
text"target"
id"p1abw4-yg5j"
anchor
page29
valuenull
c
776.9
220.2
text"range"
id"p1abw4-9ebv"
anchor
page29
valuenull
c
822.5
220.2
text"while"
id"p1abw4-0wk1"
anchor
page29
valuenull
c
885.6
220.2
text"enhancing"
id"p1abw4-30j9"
anchor
page29
valuenull
c
88.2
227.9
text"UNDERLYING"
id"p1abw4-l4vc"
anchor
page29
valuenull
c
170.2
227.9
text"EARNINGS"
id"p1abw4-0cab"
anchor
page29
value8
c
506.4
240.4
text"+8%"
id"p1abw4-rzqz"
anchor
page29
value6
c
283.5
242.8
text"6%"
id"p1abw4-k4rw"
anchor
page29
value8
c
340.2
242.8
text"8%"
id"p1abw4-rn24"
anchor
page29
valuenull
c
705.3
241.8
text"reserve"
id"p1abw4-52jn"
anchor
page29
valuenull
c
771.8
241.8
text"prudence"
id"p1abw4-holg"
anchor
page29
valuenull
c
57.6
247.2
text"PER"
id"p1abw4-u73t"
anchor
page29
valuenull
c
96.6
247.2
text"SHARE"
id"p1abw4-o1w7"
anchor
page29
valuenull
c
277.5
267.9
text"CAGR"
id"p1abw4-5a6b"
anchor
page29
valuenull
c
330
267.9
text"2023-2026E"
id"p1abw4-kua7"
anchor
page29
valuenull
c
492.2
268
text"vs"
id"p1abw4-j5on"
anchor
page29
valuenull
c
514.9
268
text"FY24"
id"p1abw4-vsyu"
anchor
page29
valuenull
c
715
284.5
text"Confident"
id"p1abw4-hpff"
anchor
page29
valuenull
c
763.3
284.5
text"to"
id"p1abw4-ewfc"
anchor
page29
valuenull
c
800.7
284.5
text"deliver"
id"p1abw4-i5ly"
anchor
page29
valuenull
c
870.2
284.5
text"underlying"
id"p1abw4-de0k"
anchor
page29
valuenull
c
692.4
306.1
text"EPS"
id"p1abw4-akfj"
anchor
page29
valuenull
c
737.3
306.1
text"growth"
id"p1abw4-s4iv"
anchor
page29
valuenull
c
775
306.1
text"at"
id"p1abw4-xyyy"
anchor
page29
valuenull
c
798.5
306.1
text"the"
id"p1abw4-zl5o"
anchor
page29
valuenull
c
836.8
306.1
text"upper"
id"p1abw4-od9l"
anchor
page29
valuenull
c
877
306.1
text"end"
id"p1abw4-11ju"
anchor
page29
valuenull
c
902.3
306.1
text"of"
id"p1abw4-leox"
anchor
page29
valuenull
c
88.2
327.5
text"UNDERLYING"
id"p1abw4-ilhw"
anchor
page29
valuenull
c
163.4
327.5
text"RETURN"
id"p1abw4-juwe"
anchor
page29
value16
c
506.3
341.5
text"16%"
id"p1abw4-cuuh"
anchor
page29
valuenull
c
704.5
327.7
text"6%-8%"
id"p1abw4-vkh3"
anchor
page29
valuenull
c
757.3
327.7
text"target"
id"p1abw4-twkx"
anchor
page29
valuenull
c
805
327.7
text"range"
id"p1abw4-hxvj"
anchor
page29
valuenull
c
840.5
327.7
text"for"
id"p1abw4-az12"
anchor
page29
value2026
c
872.3
327.7
text"2026"
id"p1abw4-6wlu"
anchor
page29
value14
c
275.9
344.1
text"14%"
id"p1abw4-kxmw"
anchor
page29
value16
c
346.8
344.1
text"16%"
id"p1abw4-mamc"
anchor
page29
valuenull
c
54.8
346.8
text"ON"
id"p1abw4-jucw"
anchor
page29
valuenull
c
93.4
346.8
text"EQUITY"
id"p1abw4-4tro"
anchor
page29
valuenull
c
702.6
370.3
text"Laying"
id"p1abw4-969n"
anchor
page29
valuenull
c
776.6
370.3
text"foundations"
id"p1abw4-8ow7"
anchor
page29
valuenull
c
836.4
370.3
text"for"
id"p1abw4-ah5r"
anchor
page29
valuenull
c
863
370.3
text"the"
id"p1abw4-753e"
anchor
page29
valuenull
c
895.5
370.3
text"next"
id"p1abw4-m7cx"
anchor
page29
valuenull
c
694.5
391.9
text"plan"
id"p1abw4-6hla"
anchor
page29
valuenull
c
729.2
391.9
text"and"
id"p1abw4-v40a"
anchor
page29
valuenull
c
783.7
391.9
text"confident"
id"p1abw4-x9h7"
anchor
page29
valuenull
c
830.6
391.9
text"in"
id"p1abw4-hr8f"
anchor
page29
valuenull
c
879
391.9
text"delivering"
id"p1abw4-9v96"
anchor
page29
valuenull
c
720.7
413.5
text"sustainable"
id"p1abw4-an8q"
anchor
page29
valuenull
c
799.6
413.5
text"earnings"
id"p1abw4-zjo1"
anchor
page29
valuenull
c
862.4
413.5
text"growth"
id"p1abw4-wrt7"
anchor
page29
valuenull
c
87.8
424
text"CUMULATIVE"
id"p1abw4-lz2v"
anchor
page29
valuenull
c
153.3
424
text"CASH"
id"p1abw4-8rjx"
anchor
page29
value14.6
c
504.7
442.6
text"€14.6"
id"p1abw4-npt1"
anchor
page29
valuenull
c
310.1
445.8
text">€21bn"
id"p1abw4-9n42"
anchor
page29
valuenull
c
87.8
443.2
text"REMITTANCE"
id"p1abw4-76ux"
anchor
page29
valuenull
c
167.8
443.2
text"BETWEEN"
id"p1abw4-8iv3"
anchor
page29
value2024
c
60.2
462.5
text"2024"
id"p1abw4-e7kn"
anchor
page29
valuenull
c
94
462.5
text"AND"
id"p1abw4-zi7f"
anchor
page29
value2026
c
127.6
462.5
text"2026"
id"p1abw4-o9hk"
anchor
page29
value29
c
34.6
514.5
text"29"
id"p1abw4-1dt1"
anchor
page29
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-w09c"
anchor
page29
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-h34r"
anchor
page29
value2025
c
112.2
514.5
text"2025"
id"p1abw4-pc8d"
anchor
page29
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-4dgx"
anchor
page29
valuenull
c
200.4
514.5
text"February"
id"p1abw4-wh7w"
anchor
page29
value26
c
232.6
514.5
text"26"
id"p1abw4-buvo"
anchor
page29
value2026
c
254.4
514.5
text"2026"
id"p1abw4-nujn"
anchor
page29
valuenull
c
597.8
515.1
text"See"
id"p1abw4-fxf5"
anchor
page29
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-dy7o"
anchor
page29
valuenull
c
648.5
515.1
text"for"
id"p1abw4-3gd2"
anchor
page29
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-p8ka"
anchor
page29
valuenull
c
722
515.1
text"and"
id"p1abw4-5e52"
anchor
page29
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-oo2x"
anchor
page29
valuenull
c
777.9
515.1
text"on"
id"p1abw4-86ki"
anchor
page29
valuenull
c
795.2
515.1
text"page"
id"p1abw4-gc2d"
anchor
page29
value36
c
812.2
515.1
text"36"
id"p1abw4-gbq2"
anchor
page29
valuenull
c
821.7
515.1
text"&"
id"p1abw4-93j0"
anchor
page29
value37
c
831.4
515.1
text"37"
id"p1abw4-7b70"
anchor
page29
valuenull
c
842
515.1
text"of"
id"p1abw4-njid"
anchor
page29
valuenull
c
855.3
515.1
text"this"
id"p1abw4-tz0g"
anchor
page29
valuenull
c
886.4
515.1
text"document."
id"p1abw4-5ykn"
anchor
page30
valuenull
c
381
271.1
text"Q&A"
id"p1abw4-zkwu"
anchor
page30
valuenull
c
525.1
271.1
text"session"
id"p1abw4-qt7h"
anchor
page30
value30
c
34.9
514.5
text"30"
id"p1abw4-45or"
anchor
page30
valuenull
c
64.9
514.5
text"Full"
id"p1abw4-nkok"
anchor
page30
valuenull
c
88.4
514.5
text"Year"
id"p1abw4-btv1"
anchor
page30
value2025
c
114.8
514.5
text"2025"
id"p1abw4-oos5"
anchor
page30
valuenull
c
152.6
514.5
text"Earnings"
id"p1abw4-yefg"
anchor
page30
valuenull
c
206.9
514.5
text"February"
id"p1abw4-7pze"
anchor
page30
value26
c
240.5
514.5
text"26"
id"p1abw4-xluq"
anchor
page30
value2026
c
263.2
514.5
text"2026"
id"p1abw4-5gcu"
anchor
page31
valuenull
c
414.6
271.1
text"Thank"
id"p1abw4-3owk"
anchor
page31
valuenull
c
534.1
271.1
text"you"
id"p1abw4-0dsq"
anchor
page31
value31
c
34.9
514.5
text"31"
id"p1abw4-fq5n"
anchor
page31
valuenull
c
64.9
514.5
text"Full"
id"p1abw4-u1jm"
anchor
page31
valuenull
c
88.4
514.5
text"Year"
id"p1abw4-4q17"
anchor
page31
value2025
c
114.8
514.5
text"2025"
id"p1abw4-ewky"
anchor
page31
valuenull
c
152.6
514.5
text"Earnings"
id"p1abw4-ctae"
anchor
page31
valuenull
c
206.9
514.5
text"February"
id"p1abw4-cj3p"
anchor
page31
value26
c
240.5
514.5
text"26"
id"p1abw4-de5h"
anchor
page31
value2026
c
263.2
514.5
text"2026"
id"p1abw4-nzf3"
anchor
page32
valuenull
c
66.8
45.5
text"AXA"
id"p1abw4-arex"
anchor
page32
valuenull
c
105.2
45.5
text"is"
id"p1abw4-9kfk"
anchor
page32
valuenull
c
127
45.5
text"a"
id"p1abw4-hhdg"
anchor
page32
valuenull
c
202.1
45.5
text"recognized"
id"p1abw4-j0v1"
anchor
page32
valuenull
c
345.4
45.5
text"sustainability"
id"p1abw4-gpsf"
anchor
page32
valuenull
c
462.6
45.5
text"leader"
id"p1abw4-hmnb"
anchor
page32
value2025
c
175.4
200.2
text"2025"
id"p1abw4-bzki"
anchor
page32
valuenull
c
226.7
200.2
text"percentile:"
id"p1abw4-73am"
anchor
page32
value97
c
270.4
200.2
text"97"
id"p1abw4-pynb"
anchor
page32
value2025
c
447.9
213.8
text"2025"
id"p1abw4-rxw1"
anchor
page32
valuenull
c
482.3
213.8
text"score:"
id"p1abw4-0azr"
anchor
page32
valuenull
c
514.9
213.8
text"AAA"
id"p1abw4-rwht"
anchor
page32
value2025
c
710
213.8
text"2025"
id"p1abw4-1xmo"
anchor
page32
valuenull
c
744.3
213.8
text"score:"
id"p1abw4-7owd"
anchor
page32
valuenull
c
769.1
213.8
text"B"
id"p1abw4-7bia"
anchor
page32
valuenull
c
152.1
217
text"in"
id"p1abw4-dljm"
anchor
page32
valuenull
c
173.7
217
text"Dow"
id"p1abw4-3xmx"
anchor
page32
valuenull
c
206.8
217
text"Jones"
id"p1abw4-cmac"
anchor
page32
valuenull
c
265.2
217
text"Best-in-Class"
id"p1abw4-q2t8"
anchor
page32
valuenull
c
179.7
233.8
text"Europe"
id"p1abw4-fzdc"
anchor
page32
valuenull
c
207.7
233.8
text"&"
id"p1abw4-d1fp"
anchor
page32
valuenull
c
232.1
233.8
text"World"
id"p1abw4-n4va"
anchor
page32
valuenull
c
273
233.8
text"indices"
id"p1abw4-300o"
anchor
page32
value2025
c
292.7
408.5
text"2025"
id"p1abw4-a2yt"
anchor
page32
valuenull
c
321.2
408.5
text"ESG"
id"p1abw4-wt10"
anchor
page32
valuenull
c
347.9
408.5
text"Risk"
id"p1abw4-kxyy"
anchor
page32
valuenull
c
383.5
408.5
text"Rating:"
id"p1abw4-iei8"
anchor
page32
value2025
c
577.6
408.5
text"2025"
id"p1abw4-681m"
anchor
page32
valuenull
c
612
408.5
text"score:"
id"p1abw4-9jv2"
anchor
page32
valuenull
c
648.1
408.5
text"4.3/5"
id"p1abw4-z8e0"
anchor
page32
value17
c
309.6
425.4
text"17.0"
id"p1abw4-lgy1"
anchor
page32
valuenull
c
347.9
425.4
text"Low"
id"p1abw4-9s0t"
anchor
page32
valuenull
c
375.2
425.4
text"risk"
id"p1abw4-vngj"
anchor
page32
valuenull
c
541.7
425.4
text"in"
id"p1abw4-xfc8"
anchor
page32
valuenull
c
584
425.4
text"FTSE4Good"
id"p1abw4-yy7v"
anchor
page32
valuenull
c
636.7
425.4
text"Index"
id"p1abw4-ah53"
anchor
page32
valuenull
c
673.4
425.4
text"Series"
id"p1abw4-yd9f"
anchor
page32
value32
c
34.6
514.5
text"32"
id"p1abw4-5e1p"
anchor
page32
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-nwrd"
anchor
page32
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-l7rb"
anchor
page32
value2025
c
112.2
514.5
text"2025"
id"p1abw4-eaga"
anchor
page32
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-zads"
anchor
page32
valuenull
c
200.4
514.5
text"February"
id"p1abw4-22kf"
anchor
page32
value26
c
232.6
514.5
text"26"
id"p1abw4-giys"
anchor
page32
value2026
c
254.4
514.5
text"2026"
id"p1abw4-z0wi"
anchor
page32
valuenull
c
597.8
515.1
text"See"
id"p1abw4-sngq"
anchor
page32
valuenull
c
623.8
515.1
text"glossary"
id"p1abw4-qnoh"
anchor
page32
valuenull
c
648.5
515.1
text"for"
id"p1abw4-tdsn"
anchor
page32
valuenull
c
684.2
515.1
text"terminologies"
id"p1abw4-8fma"
anchor
page32
valuenull
c
722
515.1
text"and"
id"p1abw4-3mfa"
anchor
page32
valuenull
c
751.4
515.1
text"footnotes"
id"p1abw4-iuty"
anchor
page32
valuenull
c
777.9
515.1
text"on"
id"p1abw4-am3x"
anchor
page32
valuenull
c
795.2
515.1
text"page"
id"p1abw4-83zz"
anchor
page32
value36
c
812.2
515.1
text"36"
id"p1abw4-1qkh"
anchor
page32
valuenull
c
821.7
515.1
text"&"
id"p1abw4-z8oj"
anchor
page32
value37
c
831.4
515.1
text"37"
id"p1abw4-ozoh"
anchor
page32
valuenull
c
842
515.1
text"of"
id"p1abw4-4d9c"
anchor
page32
valuenull
c
855.3
515.1
text"this"
id"p1abw4-qie0"
anchor
page32
valuenull
c
886.4
515.1
text"document."
id"p1abw4-akn5"
anchor
page33
valuenull
c
82.3
46
text"Scope"
id"p1abw4-0xuj"
anchor
page33
valuenull
c
79.6
115.4
text"France:"
id"p1abw4-o2s6"
anchor
page33
valuenull
c
122.9
115.4
text"includes"
id"p1abw4-9q43"
anchor
page33
valuenull
c
170.1
115.4
text"insurance"
id"p1abw4-6azk"
anchor
page33
valuenull
c
220.4
115.4
text"activities,"
id"p1abw4-0tas"
anchor
page33
valuenull
c
266.6
115.4
text"banking"
id"p1abw4-kla2"
anchor
page33
valuenull
c
312.1
115.4
text"activities"
id"p1abw4-9ux0"
anchor
page33
valuenull
c
346.7
115.4
text"and"
id"p1abw4-456z"
anchor
page33
valuenull
c
378.9
115.4
text"holding."
id"p1abw4-p31n"
anchor
page33
valuenull
c
80.6
135.8
text"Europe:"
id"p1abw4-tl67"
anchor
page33
valuenull
c
126.8
135.8
text"includes"
id"p1abw4-2cc1"
anchor
page33
valuenull
c
181.9
135.8
text"Switzerland"
id"p1abw4-fnt9"
anchor
page33
valuenull
c
242.4
135.8
text"(insurance"
id"p1abw4-epae"
anchor
page33
valuenull
c
299.2
135.8
text"activities),"
id"p1abw4-ieba"
anchor
page33
valuenull
c
352.1
135.8
text"Germany"
id"p1abw4-gikp"
anchor
page33
valuenull
c
405.8
135.8
text"(insurance"
id"p1abw4-45gl"
anchor
page33
valuenull
c
459
135.8
text"activities"
id"p1abw4-gkpl"
anchor
page33
valuenull
c
495.5
135.8
text"and"
id"p1abw4-z4eh"
anchor
page33
valuenull
c
531.9
135.8
text"holding),"
id"p1abw4-79av"
anchor
page33
valuenull
c
579.4
135.8
text"Belgium"
id"p1abw4-r3vw"
anchor
page33
valuenull
c
614
135.8
text"and"
id"p1abw4-smik"
anchor
page33
valuenull
c
656
135.8
text"Luxemburg"
id"p1abw4-z33c"
anchor
page33
valuenull
c
717.8
135.8
text"(insurance"
id"p1abw4-u5pz"
anchor
page33
valuenull
c
771.2
135.8
text"activities"
id"p1abw4-v1gv"
anchor
page33
valuenull
c
807.8
135.8
text"and"
id"p1abw4-t2f4"
anchor
page33
valuenull
c
844.1
135.8
text"holding),"
id"p1abw4-ltqp"
anchor
page33
valuenull
c
887.8
135.8
text"United"
id"p1abw4-w8vt"
anchor
page33
valuenull
c
82.6
150.2
text"Kingdom"
id"p1abw4-tqxi"
anchor
page33
valuenull
c
119.2
150.2
text"and"
id"p1abw4-d4wu"
anchor
page33
valuenull
c
150.8
150.2
text"Ireland"
id"p1abw4-cjm5"
anchor
page33
valuenull
c
199.2
150.2
text"(insurance"
id"p1abw4-4d6l"
anchor
page33
valuenull
c
252.3
150.2
text"activities"
id"p1abw4-7u5d"
anchor
page33
valuenull
c
288.6
150.2
text"and"
id"p1abw4-bfzd"
anchor
page33
valuenull
c
324.7
150.2
text"holding),"
id"p1abw4-fnw6"
anchor
page33
valuenull
c
365.6
150.2
text"Spain"
id"p1abw4-6m36"
anchor
page33
valuenull
c
410.1
150.2
text"(insurance"
id"p1abw4-do07"
anchor
page33
valuenull
c
465.5
150.2
text"activities"
id"p1abw4-mwni"
anchor
page33
valuenull
c
500.9
150.2
text"and"
id"p1abw4-rxxh"
anchor
page33
valuenull
c
536.5
150.2
text"holding),"
id"p1abw4-9anl"
anchor
page33
valuenull
c
573.5
150.2
text"Italy"
id"p1abw4-kir1"
anchor
page33
valuenull
c
614
150.2
text"(insurance"
id"p1abw4-pocc"
anchor
page33
valuenull
c
668.6
150.2
text"activities),"
id"p1abw4-1vrf"
anchor
page33
valuenull
c
712
150.2
text"Prima"
id"p1abw4-a2vz"
anchor
page33
valuenull
c
755.5
150.2
text"(insurance"
id"p1abw4-7l90"
anchor
page33
valuenull
c
808.1
150.2
text"activities)"
id"p1abw4-tr4f"
anchor
page33
valuenull
c
851.6
150.2
text"and"
id"p1abw4-od5u"
anchor
page33
valuenull
c
874
150.2
text"AXA"
id"p1abw4-hqk7"
anchor
page33
valuenull
c
895.8
150.2
text"Life"
id"p1abw4-fp1j"
anchor
page33
valuenull
c
77.5
164.6
text"Europe"
id"p1abw4-xmiy"
anchor
page33
valuenull
c
123.5
164.6
text"(insurance"
id"p1abw4-690r"
anchor
page33
valuenull
c
177.1
164.6
text"activities)."
id"p1abw4-mqa7"
anchor
page33
valuenull
c
219.2
164.6
text"AXA"
id"p1abw4-3n5j"
anchor
page33
valuenull
c
238.8
164.6
text"XL:"
id"p1abw4-3nm0"
anchor
page33
valuenull
c
269.8
164.6
text"includes"
id"p1abw4-noj5"
anchor
page33
valuenull
c
317.2
164.6
text"insurance"
id"p1abw4-7l74"
anchor
page33
valuenull
c
353.6
164.6
text"and"
id"p1abw4-s3vr"
anchor
page33
valuenull
c
395.1
164.6
text"reinsurance"
id"p1abw4-9ue4"
anchor
page33
valuenull
c
448.9
164.6
text"activities"
id"p1abw4-0b8h"
anchor
page33
valuenull
c
483.1
164.6
text"and"
id"p1abw4-s02c"
anchor
page33
valuenull
c
515.5
164.6
text"holding."
id"p1abw4-31d4"
anchor
page33
valuenull
c
72.4
185
text"Asia,"
id"p1abw4-zd39"
anchor
page33
valuenull
c
105.7
185
text"Africa"
id"p1abw4-xewn"
anchor
page33
valuenull
c
130.3
185
text"&"
id"p1abw4-917t"
anchor
page33
valuenull
c
172.3
185
text"EME-LATAM:"
id"p1abw4-7kjr"
anchor
page33
valuenull
c
231.3
185
text"includes"
id"p1abw4-rlv4"
anchor
page33
valuenull
c
262.7
185
text"(i)"
id"p1abw4-peyl"
anchor
page33
valuenull
c
284.8
185
text"Asia:"
id"p1abw4-678e"
anchor
page33
valuenull
c
316.9
185
text"Japan"
id"p1abw4-n4qs"
anchor
page33
valuenull
c
364
185
text"(insurance"
id"p1abw4-rcfa"
anchor
page33
valuenull
c
418.1
185
text"activities"
id"p1abw4-tfgy"
anchor
page33
valuenull
c
455.4
185
text"and"
id"p1abw4-243p"
anchor
page33
valuenull
c
492.5
185
text"holding),"
id"p1abw4-gs01"
anchor
page33
valuenull
c
533.5
185
text"Hong"
id"p1abw4-o3zv"
anchor
page33
valuenull
c
565.2
185
text"Kong"
id"p1abw4-bj5p"
anchor
page33
valuenull
c
609.7
185
text"(insurance"
id"p1abw4-mi0w"
anchor
page33
valuenull
c
666.6
185
text"activities),"
id"p1abw4-k186"
anchor
page33
valuenull
c
721.3
185
text"Thailand"
id"p1abw4-w3r9"
anchor
page33
valuenull
c
760.4
185
text"P&C,"
id"p1abw4-o3v8"
anchor
page33
valuenull
c
802.1
185
text"Indonesia"
id"p1abw4-8o61"
anchor
page33
valuenull
c
841.8
185
text"L&S"
id"p1abw4-tmx8"
anchor
page33
valuenull
c
869.9
185
text"(excl."
id"p1abw4-kj7v"
anchor
page33
valuenull
c
896.4
185
text"the"
id"p1abw4-3cog"
anchor
page33
valuenull
c
97.4
199.4
text"bancassurance"
id"p1abw4-jks8"
anchor
page33
valuenull
c
155.6
199.4
text"entity),"
id"p1abw4-a1s2"
anchor
page33
valuenull
c
190.2
199.4
text"China"
id"p1abw4-8s9f"
anchor
page33
valuenull
c
219.1
199.4
text"P&C,"
id"p1abw4-dmuz"
anchor
page33
valuenull
c
248.4
199.4
text"South"
id"p1abw4-7n4r"
anchor
page33
valuenull
c
281.9
199.4
text"Korea,"
id"p1abw4-0fjo"
anchor
page33
valuenull
c
310.1
199.4
text"and"
id"p1abw4-lhku"
anchor
page33
valuenull
c
332.4
199.4
text"Asia"
id"p1abw4-l7hc"
anchor
page33
valuenull
c
367.1
199.4
text"Holdings"
id"p1abw4-l0j8"
anchor
page33
valuenull
c
406.9
199.4
text"which"
id"p1abw4-ska2"
anchor
page33
valuenull
c
432.4
199.4
text"are"
id"p1abw4-ffir"
anchor
page33
valuenull
c
453.4
199.4
text"fully"
id"p1abw4-uig2"
anchor
page33
valuenull
c
504.9
199.4
text"consolidated,"
id"p1abw4-4ud4"
anchor
page33
valuenull
c
550.2
199.4
text"and"
id"p1abw4-5lqe"
anchor
page33
valuenull
c
576.5
199.4
text"China"
id"p1abw4-r91x"
anchor
page33
valuenull
c
604.2
199.4
text"L&S,"
id"p1abw4-ddpl"
anchor
page33
valuenull
c
639.8
199.4
text"Thailand"
id"p1abw4-c5uv"
anchor
page33
valuenull
c
675.6
199.4
text"L&S,"
id"p1abw4-u4go"
anchor
page33
valuenull
c
697.4
199.4
text"the"
id"p1abw4-a7jn"
anchor
page33
valuenull
c
735.2
199.4
text"Philippines"
id"p1abw4-ilyz"
anchor
page33
valuenull
c
774.8
199.4
text"L&S"
id"p1abw4-5c4t"
anchor
page33
valuenull
c
796.5
199.4
text"and"
id"p1abw4-cow0"
anchor
page33
valuenull
c
820.3
199.4
text"P&C,"
id"p1abw4-np7c"
anchor
page33
valuenull
c
859
199.4
text"Indonesia"
id"p1abw4-0aw9"
anchor
page33
valuenull
c
895.1
199.4
text"L&S"
id"p1abw4-ofya"
anchor
page33
valuenull
c
69.3
213.8
text"and"
id"p1abw4-vz9n"
anchor
page33
valuenull
c
95
213.8
text"India"
id"p1abw4-w860"
anchor
page33
valuenull
c
121.8
213.8
text"(Life"
id"p1abw4-ilh9"
anchor
page33
valuenull
c
158.4
213.8
text"activities"
id"p1abw4-l3d5"
anchor
page33
valuenull
c
206.2
213.8
text"disposed"
id"p1abw4-kloa"
anchor
page33
valuenull
c
242.4
213.8
text"on"
id"p1abw4-dtsy"
anchor
page33
valuenull
c
267.8
213.8
text"March"
id"p1abw4-mywn"
anchor
page33
value11
c
294.1
213.8
text"11"
id"p1abw4-5mex"
anchor
page33
value2024
c
317
213.8
text"2024"
id"p1abw4-q3yr"
anchor
page33
valuenull
c
342.1
213.8
text"and"
id"p1abw4-zw5o"
anchor
page33
valuenull
c
376.1
213.8
text"holding)"
id"p1abw4-a1a1"
anchor
page33
valuenull
c
427.4
213.8
text"businesses"
id"p1abw4-v03l"
anchor
page33
valuenull
c
472.8
213.8
text"which"
id"p1abw4-5vcl"
anchor
page33
valuenull
c
499.4
213.8
text"are"
id"p1abw4-emlb"
anchor
page33
valuenull
c
543.5
213.8
text"consolidated"
id"p1abw4-itpq"
anchor
page33
valuenull
c
594.6
213.8
text"under"
id"p1abw4-7eyw"
anchor
page33
valuenull
c
621.2
213.8
text"the"
id"p1abw4-phyu"
anchor
page33
valuenull
c
648.8
213.8
text"equity"
id"p1abw4-0fmp"
anchor
page33
valuenull
c
688
213.8
text"method"
id"p1abw4-bm9n"
anchor
page33
valuenull
c
720.9
213.8
text"and"
id"p1abw4-spsj"
anchor
page33
valuenull
c
760.3
213.8
text"contribute"
id"p1abw4-16sl"
anchor
page33
valuenull
c
801.1
213.8
text"only"
id"p1abw4-v106"
anchor
page33
valuenull
c
820.7
213.8
text"to"
id"p1abw4-d7bo"
anchor
page33
valuenull
c
841.1
213.8
text"NBV,"
id"p1abw4-kjzm"
anchor
page33
valuenull
c
870.4
213.8
text"PVEP,"
id"p1abw4-v6v1"
anchor
page33
valuenull
c
896.5
213.8
text"the"
id"p1abw4-mev8"
anchor
page33
valuenull
c
86.8
228.2
text"underlying"
id"p1abw4-254s"
anchor
page33
valuenull
c
138.6
228.2
text"earnings"
id"p1abw4-qbqw"
anchor
page33
valuenull
c
172.9
228.2
text"and"
id"p1abw4-p8am"
anchor
page33
valuenull
c
193.8
228.2
text"net"
id"p1abw4-ljed"
anchor
page33
valuenull
c
225.4
228.2
text"income,"
id"p1abw4-140t"
anchor
page33
valuenull
c
255.3
228.2
text"(ii)"
id"p1abw4-cfxq"
anchor
page33
valuenull
c
280.8
228.2
text"Africa:"
id"p1abw4-kunh"
anchor
page33
valuenull
c
314
228.2
text"Egypt"
id"p1abw4-rtzh"
anchor
page33
valuenull
c
357.8
228.2
text"(insurance"
id"p1abw4-77qn"
anchor
page33
valuenull
c
409.8
228.2
text"activities"
id"p1abw4-xlfp"
anchor
page33
valuenull
c
445.1
228.2
text"and"
id"p1abw4-kda6"
anchor
page33
valuenull
c
480.1
228.2
text"holding),"
id"p1abw4-jolb"
anchor
page33
valuenull
c
527.4
228.2
text"Morocco"
id"p1abw4-nlzk"
anchor
page33
valuenull
c
578
228.2
text"(insurance"
id"p1abw4-g875"
anchor
page33
valuenull
c
633.4
228.2
text"activities"
id"p1abw4-qui8"
anchor
page33
valuenull
c
667.9
228.2
text"and"
id"p1abw4-py19"
anchor
page33
valuenull
c
701.5
228.2
text"holding)"
id"p1abw4-scye"
anchor
page33
valuenull
c
734.8
228.2
text"and"
id"p1abw4-9r17"
anchor
page33
valuenull
c
765.3
228.2
text"Nigeria"
id"p1abw4-og9q"
anchor
page33
valuenull
c
811.7
228.2
text"(insurance"
id"p1abw4-kgki"
anchor
page33
valuenull
c
861.6
228.2
text"activities"
id"p1abw4-1igw"
anchor
page33
valuenull
c
895.3
228.2
text"and"
id"p1abw4-osik"
anchor
page33
valuenull
c
80.7
242.6
text"holding)"
id"p1abw4-gggg"
anchor
page33
valuenull
c
121.5
242.6
text"which"
id"p1abw4-gs9p"
anchor
page33
valuenull
c
149.1
242.6
text"are"
id"p1abw4-ioun"
anchor
page33
valuenull
c
172.9
242.6
text"fully"
id"p1abw4-g8a1"
anchor
page33
valuenull
c
222.8
242.6
text"consolidated,"
id"p1abw4-cr3s"
anchor
page33
valuenull
c
269.8
242.6
text"(iii)"
id"p1abw4-p6fk"
anchor
page33
valuenull
c
313.4
242.6
text"EME-LATAM:"
id"p1abw4-jlmh"
anchor
page33
valuenull
c
366.5
242.6
text"Mexico"
id"p1abw4-t4yk"
anchor
page33
valuenull
c
417.5
242.6
text"(insurance"
id"p1abw4-1oxu"
anchor
page33
valuenull
c
474.9
242.6
text"activities),"
id"p1abw4-sktn"
anchor
page33
valuenull
c
529.9
242.6
text"Colombia"
id"p1abw4-w4b4"
anchor
page33
valuenull
c
585.5
242.6
text"(insurance"
id"p1abw4-bg9g"
anchor
page33
valuenull
c
642.8
242.6
text"activities),"
id"p1abw4-fq53"
anchor
page33
valuenull
c
687.6
242.6
text"Brazil"
id"p1abw4-wgii"
anchor
page33
valuenull
c
733.2
242.6
text"(insurance"
id"p1abw4-stxl"
anchor
page33
valuenull
c
787.2
242.6
text"activities"
id"p1abw4-ettb"
anchor
page33
valuenull
c
824.3
242.6
text"and"
id"p1abw4-nkvo"
anchor
page33
valuenull
c
859.8
242.6
text"holding)"
id"p1abw4-jlzj"
anchor
page33
valuenull
c
895.2
242.6
text"and"
id"p1abw4-p1iy"
anchor
page33
valuenull
c
78.6
257
text"Türkiye"
id"p1abw4-knya"
anchor
page33
valuenull
c
127
257
text"(insurance"
id"p1abw4-gkv7"
anchor
page33
valuenull
c
183
257
text"activities"
id"p1abw4-ez97"
anchor
page33
valuenull
c
218.8
257
text"and"
id"p1abw4-cbdo"
anchor
page33
valuenull
c
253
257
text"holding)"
id"p1abw4-tj2f"
anchor
page33
valuenull
c
292.6
257
text"which"
id"p1abw4-etmf"
anchor
page33
valuenull
c
319.4
257
text"are"
id"p1abw4-etjt"
anchor
page33
valuenull
c
341.9
257
text"fully"
id"p1abw4-kwgy"
anchor
page33
valuenull
c
389
257
text"consolidated"
id"p1abw4-34tu"
anchor
page33
valuenull
c
430.8
257
text"as"
id"p1abw4-9ehe"
anchor
page33
valuenull
c
450.2
257
text"well"
id"p1abw4-tjd1"
anchor
page33
valuenull
c
469.8
257
text"as"
id"p1abw4-w7al"
anchor
page33
valuenull
c
495.1
257
text"Russia"
id"p1abw4-ffr6"
anchor
page33
valuenull
c
530.7
257
text"(Reso)"
id"p1abw4-52o7"
anchor
page33
valuenull
c
576.7
257
text"(insurance"
id"p1abw4-5tdz"
anchor
page33
valuenull
c
631.2
257
text"activities)"
id"p1abw4-wh40"
anchor
page33
valuenull
c
674.2
257
text"which"
id"p1abw4-qv9y"
anchor
page33
valuenull
c
697
257
text"is"
id"p1abw4-kfh5"
anchor
page33
valuenull
c
736.8
257
text"consolidated"
id"p1abw4-a0dl"
anchor
page33
valuenull
c
791
257
text"under"
id"p1abw4-ik00"
anchor
page33
valuenull
c
818
257
text"the"
id"p1abw4-xx3z"
anchor
page33
valuenull
c
845.7
257
text"equity"
id"p1abw4-2ci5"
anchor
page33
valuenull
c
885
257
text"method"
id"p1abw4-vde4"
anchor
page33
valuenull
c
69.3
271.4
text"and"
id"p1abw4-pi9x"
anchor
page33
valuenull
c
109.8
271.4
text"contributes"
id"p1abw4-sae4"
anchor
page33
valuenull
c
151.4
271.4
text"only"
id"p1abw4-2nbr"
anchor
page33
valuenull
c
169.9
271.4
text"to"
id"p1abw4-nbni"
anchor
page33
valuenull
c
185.7
271.4
text"the"
id"p1abw4-cofi"
anchor
page33
valuenull
c
204.6
271.4
text"net"
id"p1abw4-iq78"
anchor
page33
valuenull
c
235.4
271.4
text"income,"
id"p1abw4-t6p7"
anchor
page33
valuenull
c
266.1
271.4
text"(iv)"
id"p1abw4-tdru"
anchor
page33
valuenull
c
285.9
271.4
text"AXA"
id"p1abw4-14h2"
anchor
page33
valuenull
c
334.1
271.4
text"Mediterranean"
id"p1abw4-1kay"
anchor
page33
valuenull
c
396.1
271.4
text"Holdings."
id"p1abw4-x78w"
anchor
page33
valuenull
c
90.8
291.8
text"Transversal"
id"p1abw4-7eky"
anchor
page33
valuenull
c
128.5
291.8
text"&"
id"p1abw4-jms7"
anchor
page33
valuenull
c
151.9
291.8
text"Other:"
id"p1abw4-8zlx"
anchor
page33
valuenull
c
192.4
291.8
text"includes"
id"p1abw4-qe2o"
anchor
page33
valuenull
c
224.9
291.8
text"AXA"
id"p1abw4-wwtf"
anchor
page33
valuenull
c
264
291.8
text"Assistance,"
id"p1abw4-fpvh"
anchor
page33
valuenull
c
303.1
291.8
text"AXA"
id"p1abw4-axq6"
anchor
page33
valuenull
c
339.4
291.8
text"Liabilities"
id"p1abw4-uaiz"
anchor
page33
valuenull
c
391.2
291.8
text"Managers,"
id"p1abw4-kscy"
anchor
page33
valuenull
c
428.4
291.8
text"AXA"
id"p1abw4-gaew"
anchor
page33
valuenull
c
446.8
291.8
text"SA"
id"p1abw4-nwfh"
anchor
page33
valuenull
c
468.1
291.8
text"(incl."
id"p1abw4-p9vg"
anchor
page33
valuenull
c
502.5
291.8
text"Group’s"
id"p1abw4-jo7c"
anchor
page33
valuenull
c
543.5
291.8
text"internal"
id"p1abw4-4yev"
anchor
page33
valuenull
c
594.3
291.8
text"reinsurance"
id"p1abw4-of5n"
anchor
page33
valuenull
c
645.6
291.8
text"activity)"
id"p1abw4-ymf8"
anchor
page33
valuenull
c
682.2
291.8
text"and"
id"p1abw4-ikki"
anchor
page33
valuenull
c
707.6
291.8
text"other"
id"p1abw4-jyab"
anchor
page33
valuenull
c
741.8
291.8
text"Central"
id"p1abw4-aty7"
anchor
page33
valuenull
c
785.6
291.8
text"Holdings."
id"p1abw4-uovd"
anchor
page33
valuenull
c
70
312.2
text"AXA"
id"p1abw4-lhk3"
anchor
page33
valuenull
c
115
312.2
text"Investment"
id"p1abw4-4c01"
anchor
page33
valuenull
c
177.1
312.2
text"Managers:"
id"p1abw4-xcn9"
anchor
page33
valuenull
c
229.8
312.2
text"includes"
id"p1abw4-3etc"
anchor
page33
valuenull
c
265.1
312.2
text"AXA"
id"p1abw4-2r7r"
anchor
page33
valuenull
c
307.4
312.2
text"Investment"
id"p1abw4-kajn"
anchor
page33
valuenull
c
366
312.2
text"Managers,"
id"p1abw4-du6n"
anchor
page33
valuenull
c
411.5
312.2
text"Select"
id"p1abw4-pl7t"
anchor
page33
valuenull
c
459.1
312.2
text"(previously"
id"p1abw4-k9am"
anchor
page33
valuenull
c
511.5
312.2
text"referred"
id"p1abw4-r88t"
anchor
page33
valuenull
c
541.2
312.2
text"to"
id"p1abw4-l0c9"
anchor
page33
valuenull
c
556.3
312.2
text"as"
id"p1abw4-g8cb"
anchor
page33
valuenull
c
588.4
312.2
text"Architas)"
id"p1abw4-4omv"
anchor
page33
valuenull
c
624.5
312.2
text"and"
id"p1abw4-9ztm"
anchor
page33
valuenull
c
653.5
312.2
text"Capza"
id"p1abw4-5da6"
anchor
page33
valuenull
c
691
312.2
text"which"
id"p1abw4-d38d"
anchor
page33
valuenull
c
718.5
312.2
text"are"
id"p1abw4-95al"
anchor
page33
valuenull
c
741.8
312.2
text"fully"
id"p1abw4-q21v"
anchor
page33
valuenull
c
789.6
312.2
text"consolidated"
id"p1abw4-kr1d"
anchor
page33
valuenull
c
836.3
312.2
text"and"
id"p1abw4-n9wu"
anchor
page33
valuenull
c
863.8
312.2
text"Asian"
id"p1abw4-iijo"
anchor
page33
valuenull
c
893.3
312.2
text"joint"
id"p1abw4-up0t"
anchor
page33
valuenull
c
81.7
326.6
text"ventures"
id"p1abw4-wrnp"
anchor
page33
valuenull
c
120.8
326.6
text"which"
id"p1abw4-jx4e"
anchor
page33
valuenull
c
146
326.6
text"are"
id"p1abw4-s8r1"
anchor
page33
valuenull
c
189
326.6
text"consolidated"
id"p1abw4-7k1k"
anchor
page33
valuenull
c
238.6
326.6
text"under"
id"p1abw4-gdye"
anchor
page33
valuenull
c
263.9
326.6
text"the"
id"p1abw4-f0ex"
anchor
page33
valuenull
c
290.3
326.6
text"equity"
id"p1abw4-5gbe"
anchor
page33
valuenull
c
329.2
326.6
text"method."
id"p1abw4-jm1g"
anchor
page33
value33
c
34.6
514.5
text"33"
id"p1abw4-m1dp"
anchor
page33
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-2xiv"
anchor
page33
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-77i0"
anchor
page33
value2025
c
112.2
514.5
text"2025"
id"p1abw4-r4kn"
anchor
page33
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-a4b6"
anchor
page33
valuenull
c
200.4
514.5
text"February"
id"p1abw4-3soh"
anchor
page33
value26
c
232.6
514.5
text"26"
id"p1abw4-ysdi"
anchor
page33
value2026
c
254.4
514.5
text"2026"
id"p1abw4-olwh"
anchor
page34
valuenull
c
205.8
43.8
text"(1/2)"
id"p1abw4-9awn"
anchor
page34
valuenull
c
98.7
46
text"Glossary"
id"p1abw4-l1ar"
anchor
page34
valuenull
c
91
115.4
text"Capital-light"
id"p1abw4-gy3a"
anchor
page34
valuenull
c
135.8
115.4
text"G/A"
id"p1abw4-gqkv"
anchor
page34
valuenull
c
173
115.4
text"products:"
id"p1abw4-ij8v"
anchor
page34
valuenull
c
229.8
115.4
text"encompass"
id"p1abw4-cp0c"
anchor
page34
valuenull
c
266.8
115.4
text"all"
id"p1abw4-8pqm"
anchor
page34
valuenull
c
297.6
115.4
text"products"
id"p1abw4-346f"
anchor
page34
valuenull
c
333.4
115.4
text"with"
id"p1abw4-6h2h"
anchor
page34
valuenull
c
353.4
115.4
text"no"
id"p1abw4-lmdt"
anchor
page34
valuenull
c
392.1
115.4
text"guarantees,"
id"p1abw4-djpb"
anchor
page34
valuenull
c
435
115.4
text"with"
id"p1abw4-l2by"
anchor
page34
valuenull
c
476.6
115.4
text"guarantees"
id"p1abw4-01f2"
anchor
page34
valuenull
c
512.2
115.4
text"at"
id"p1abw4-r0nm"
anchor
page34
valuenull
c
541.1
115.4
text"maturity"
id"p1abw4-c6uz"
anchor
page34
valuenull
c
576
115.4
text"only"
id"p1abw4-lcy9"
anchor
page34
valuenull
c
594.5
115.4
text"or"
id"p1abw4-20s2"
anchor
page34
valuenull
c
613.4
115.4
text"with"
id"p1abw4-6ghu"
anchor
page34
valuenull
c
655
115.4
text"guarantees"
id"p1abw4-rft2"
anchor
page34
valuenull
c
699.5
115.4
text"equal"
id"p1abw4-dtfw"
anchor
page34
valuenull
c
721.1
115.4
text"to"
id"p1abw4-ishl"
anchor
page34
valuenull
c
734.1
115.4
text"or"
id"p1abw4-wl63"
anchor
page34
valuenull
c
755.9
115.4
text"lower"
id"p1abw4-kw6t"
anchor
page34
valuenull
c
783.9
115.4
text"than"
id"p1abw4-is5m"
anchor
page34
value0
c
807.3
115.4
text"0%"
id"p1abw4-xe0r"
anchor
page34
valuenull
c
89.2
135.8
text"Contractual"
id"p1abw4-kq01"
anchor
page34
valuenull
c
143.7
135.8
text"Service"
id"p1abw4-po64"
anchor
page34
valuenull
c
185
135.8
text"Margin"
id"p1abw4-6dc0"
anchor
page34
valuenull
c
224
135.8
text"(CSM):"
id"p1abw4-lnwh"
anchor
page34
valuenull
c
247.6
135.8
text"a"
id"p1abw4-154z"
anchor
page34
valuenull
c
283.1
135.8
text"component"
id"p1abw4-dfn4"
anchor
page34
valuenull
c
320.7
135.8
text"of"
id"p1abw4-mnyz"
anchor
page34
valuenull
c
337.2
135.8
text"the"
id"p1abw4-ojsm"
anchor
page34
valuenull
c
369.4
135.8
text"carrying"
id"p1abw4-f9ws"
anchor
page34
valuenull
c
413
135.8
text"amount"
id"p1abw4-4vdh"
anchor
page34
valuenull
c
441.2
135.8
text"of"
id"p1abw4-x7m2"
anchor
page34
valuenull
c
462.5
135.8
text"asset"
id"p1abw4-2amz"
anchor
page34
valuenull
c
484.2
135.8
text"or"
id"p1abw4-ogce"
anchor
page34
valuenull
c
511.5
135.8
text"liability"
id"p1abw4-4z70"
anchor
page34
valuenull
c
540.5
135.8
text"for"
id"p1abw4-nnx6"
anchor
page34
valuenull
c
554
135.8
text"a"
id"p1abw4-gq4h"
anchor
page34
valuenull
c
575.1
135.8
text"group"
id"p1abw4-puq5"
anchor
page34
valuenull
c
598.4
135.8
text"of"
id"p1abw4-7a54"
anchor
page34
valuenull
c
631.4
135.8
text"insurance"
id"p1abw4-emo2"
anchor
page34
valuenull
c
683.1
135.8
text"contracts"
id"p1abw4-nnkc"
anchor
page34
valuenull
c
742.2
135.8
text"representing"
id"p1abw4-rlj8"
anchor
page34
valuenull
c
785.7
135.8
text"the"
id"p1abw4-2j75"
anchor
page34
valuenull
c
821.5
135.8
text"unearned"
id"p1abw4-8nkd"
anchor
page34
valuenull
c
863.1
135.8
text"profit"
id"p1abw4-3knj"
anchor
page34
valuenull
c
885.7
135.8
text"to"
id"p1abw4-7ilm"
anchor
page34
valuenull
c
900.5
135.8
text"be"
id"p1abw4-6fle"
anchor
page34
valuenull
c
85.5
150.2
text"recognized"
id"p1abw4-pkw3"
anchor
page34
valuenull
c
121
150.2
text"as"
id"p1abw4-ct6s"
anchor
page34
valuenull
c
149.1
150.2
text"services"
id"p1abw4-3eaj"
anchor
page34
valuenull
c
179.6
150.2
text"are"
id"p1abw4-n94l"
anchor
page34
valuenull
c
212.7
150.2
text"provided"
id"p1abw4-boos"
anchor
page34
valuenull
c
242.8
150.2
text"to"
id"p1abw4-10wd"
anchor
page34
valuenull
c
286.1
150.2
text"policyholders."
id"p1abw4-uy0l"
anchor
page34
valuenull
c
69.1
170.6
text"CSM"
id"p1abw4-0y4m"
anchor
page34
valuenull
c
104.5
170.6
text"release:"
id"p1abw4-9uxx"
anchor
page34
valuenull
c
131.6
170.6
text"a"
id"p1abw4-3hm1"
anchor
page34
valuenull
c
156.3
170.6
text"portion"
id"p1abw4-zdw5"
anchor
page34
valuenull
c
183
170.6
text"of"
id"p1abw4-cl8j"
anchor
page34
valuenull
c
201.9
170.6
text"CSM"
id"p1abw4-1eel"
anchor
page34
valuenull
c
229.4
170.6
text"stock"
id"p1abw4-u2tw"
anchor
page34
valuenull
c
254.4
170.6
text"net"
id"p1abw4-j39d"
anchor
page34
valuenull
c
270.8
170.6
text"of"
id"p1abw4-s6pn"
anchor
page34
valuenull
c
308.4
170.6
text"reinsurance"
id"p1abw4-esn6"
anchor
page34
valuenull
c
346.1
170.6
text"at"
id"p1abw4-00m5"
anchor
page34
valuenull
c
362.4
170.6
text"the"
id"p1abw4-wm17"
anchor
page34
valuenull
c
383.2
170.6
text"end"
id"p1abw4-1m1q"
anchor
page34
valuenull
c
400.9
170.6
text"of"
id"p1abw4-fu48"
anchor
page34
valuenull
c
417
170.6
text"the"
id"p1abw4-9wl6"
anchor
page34
valuenull
c
447.5
170.6
text"defined"
id"p1abw4-uofe"
anchor
page34
valuenull
c
486.1
170.6
text"period"
id"p1abw4-tisu"
anchor
page34
valuenull
c
524.2
170.6
text"flowing"
id"p1abw4-no91"
anchor
page34
valuenull
c
565.9
170.6
text"through"
id"p1abw4-4qco"
anchor
page34
valuenull
c
602.7
170.6
text"profit"
id"p1abw4-y7zi"
anchor
page34
valuenull
c
629.3
170.6
text"and"
id"p1abw4-2qo4"
anchor
page34
valuenull
c
651.6
170.6
text"loss"
id"p1abw4-lx1s"
anchor
page34
valuenull
c
696.5
170.6
text"representing"
id"p1abw4-f449"
anchor
page34
valuenull
c
739.8
170.6
text"the"
id"p1abw4-ay3e"
anchor
page34
valuenull
c
776.5
170.6
text"estimated"
id"p1abw4-zihz"
anchor
page34
valuenull
c
818.6
170.6
text"profit"
id"p1abw4-it3o"
anchor
page34
valuenull
c
853.2
170.6
text"earned"
id"p1abw4-6xpj"
anchor
page34
valuenull
c
880
170.6
text"by"
id"p1abw4-wsut"
anchor
page34
valuenull
c
897.3
170.6
text"the"
id"p1abw4-bgz5"
anchor
page34
valuenull
c
75.4
185
text"insurer"
id"p1abw4-k34f"
anchor
page34
valuenull
c
102.5
185
text"for"
id"p1abw4-igyc"
anchor
page34
valuenull
c
136.1
185
text"providing"
id"p1abw4-21v3"
anchor
page34
valuenull
c
187.1
185
text"insurance"
id"p1abw4-v3ln"
anchor
page34
valuenull
c
234.3
185
text"services"
id"p1abw4-7szc"
anchor
page34
valuenull
c
273.3
185
text"during"
id"p1abw4-7gh1"
anchor
page34
valuenull
c
300.4
185
text"the"
id"p1abw4-q18s"
anchor
page34
valuenull
c
334.5
185
text"reporting"
id"p1abw4-d32q"
anchor
page34
valuenull
c
378.4
185
text"period."
id"p1abw4-okqq"
anchor
page34
valuenull
c
83.6
205.4
text"Economic"
id"p1abw4-dr9c"
anchor
page34
valuenull
c
136.3
205.4
text"variance:"
id"p1abw4-lvml"
anchor
page34
valuenull
c
194.8
205.4
text"corresponds"
id"p1abw4-j2na"
anchor
page34
valuenull
c
233.6
205.4
text"to"
id"p1abw4-n580"
anchor
page34
valuenull
c
249.4
205.4
text"the"
id"p1abw4-f0fb"
anchor
page34
valuenull
c
281.4
205.4
text"variance"
id"p1abw4-gpzu"
anchor
page34
valuenull
c
310.4
205.4
text"of"
id"p1abw4-gatt"
anchor
page34
valuenull
c
326
205.4
text"the"
id"p1abw4-5wvd"
anchor
page34
valuenull
c
359
205.4
text"year-end"
id"p1abw4-mu3l"
anchor
page34
valuenull
c
394.7
205.4
text"CSM"
id"p1abw4-dxln"
anchor
page34
valuenull
c
425.1
205.4
text"arising"
id"p1abw4-67cg"
anchor
page34
valuenull
c
456.2
205.4
text"from"
id"p1abw4-86h3"
anchor
page34
valuenull
c
491.6
205.4
text"changes"
id"p1abw4-lq80"
anchor
page34
valuenull
c
519.5
205.4
text"in"
id"p1abw4-b8wr"
anchor
page34
valuenull
c
544.8
205.4
text"market"
id"p1abw4-naai"
anchor
page34
valuenull
c
593.4
205.4
text"conditions,"
id"p1abw4-ocjx"
anchor
page34
valuenull
c
632.3
205.4
text"net"
id"p1abw4-6alw"
anchor
page34
valuenull
c
648
205.4
text"of"
id"p1abw4-3vil"
anchor
page34
valuenull
c
663.6
205.4
text"the"
id"p1abw4-5pgt"
anchor
page34
valuenull
c
701.5
205.4
text"underlying"
id"p1abw4-fuua"
anchor
page34
valuenull
c
746.5
205.4
text"return"
id"p1abw4-x8yv"
anchor
page34
valuenull
c
771
205.4
text"on"
id"p1abw4-ff7y"
anchor
page34
valuenull
c
801
205.4
text"in-force."
id"p1abw4-ieh2"
anchor
page34
valuenull
c
81.8
225.8
text"Financial"
id"p1abw4-d48q"
anchor
page34
valuenull
c
126.8
225.8
text"result:"
id"p1abw4-h2l4"
anchor
page34
valuenull
c
168.1
225.8
text"consists"
id"p1abw4-92t7"
anchor
page34
valuenull
c
196.9
225.8
text"of"
id"p1abw4-56lx"
anchor
page34
valuenull
c
233.8
225.8
text"investment"
id"p1abw4-jwy7"
anchor
page34
valuenull
c
284.5
225.8
text"income"
id"p1abw4-vfji"
anchor
page34
valuenull
c
313.2
225.8
text"on"
id"p1abw4-ksxp"
anchor
page34
valuenull
c
338.8
225.8
text"assets"
id"p1abw4-canh"
anchor
page34
valuenull
c
377.6
225.8
text"backing"
id"p1abw4-9w31"
anchor
page34
valuenull
c
411.2
225.8
text"BBA"
id"p1abw4-sxc5"
anchor
page34
valuenull
c
434.5
225.8
text"and"
id"p1abw4-77ld"
anchor
page34
valuenull
c
457.5
225.8
text"PAA"
id"p1abw4-x13v"
anchor
page34
valuenull
c
494.5
225.8
text"contracts"
id"p1abw4-b8tl"
anchor
page34
valuenull
c
527.2
225.8
text"as"
id"p1abw4-7fh6"
anchor
page34
valuenull
c
546.4
225.8
text"well"
id"p1abw4-uskp"
anchor
page34
valuenull
c
565.8
225.8
text"as"
id"p1abw4-qdop"
anchor
page34
valuenull
c
590.2
225.8
text"assets"
id"p1abw4-u4wh"
anchor
page34
valuenull
c
629
225.8
text"backing"
id"p1abw4-xuaq"
anchor
page34
valuenull
c
686.5
225.8
text"shareholder’s"
id"p1abw4-l08i"
anchor
page34
valuenull
c
741.6
225.8
text"equity,"
id"p1abw4-21kd"
anchor
page34
valuenull
c
770.7
225.8
text"net"
id"p1abw4-lcr9"
anchor
page34
valuenull
c
787.4
225.8
text"of"
id"p1abw4-jqcq"
anchor
page34
valuenull
c
804.1
225.8
text"the"
id"p1abw4-vuww"
anchor
page34
valuenull
c
840.6
225.8
text"insurance"
id"p1abw4-1eod"
anchor
page34
valuenull
c
887.3
225.8
text"finance"
id"p1abw4-okzq"
anchor
page34
valuenull
c
81.1
240.2
text"expenses"
id"p1abw4-gurb"
anchor
page34
valuenull
c
117.9
240.2
text"(IFE)"
id"p1abw4-fs3r"
anchor
page34
valuenull
c
150.9
240.2
text"defined"
id"p1abw4-wgfv"
anchor
page34
valuenull
c
177.9
240.2
text"as"
id"p1abw4-fwvh"
anchor
page34
valuenull
c
194.1
240.2
text"the"
id"p1abw4-xaow"
anchor
page34
valuenull
c
223.6
240.2
text"unwind"
id"p1abw4-39pj"
anchor
page34
valuenull
c
250
240.2
text"of"
id"p1abw4-4bsa"
anchor
page34
valuenull
c
265.8
240.2
text"the"
id"p1abw4-x7pw"
anchor
page34
valuenull
c
295.6
240.2
text"present"
id"p1abw4-rwzw"
anchor
page34
valuenull
c
330.6
240.2
text"value"
id"p1abw4-e93h"
anchor
page34
valuenull
c
351.5
240.2
text"of"
id"p1abw4-3tzz"
anchor
page34
valuenull
c
374.2
240.2
text"future"
id"p1abw4-7mxb"
anchor
page34
valuenull
c
403.4
240.2
text"cash"
id"p1abw4-sgid"
anchor
page34
valuenull
c
429.7
240.2
text"flow."
id"p1abw4-xdeu"
anchor
page34
valuenull
c
72.5
260.6
text"Gross"
id"p1abw4-1tgy"
anchor
page34
valuenull
c
111
260.6
text"Written"
id"p1abw4-rdrp"
anchor
page34
valuenull
c
161.9
260.6
text"Premiums"
id"p1abw4-18m7"
anchor
page34
valuenull
c
202.9
260.6
text"and"
id"p1abw4-hh7n"
anchor
page34
valuenull
c
231.9
260.6
text"Other"
id"p1abw4-7lej"
anchor
page34
valuenull
c
276.8
260.6
text"Revenues"
id"p1abw4-hwez"
anchor
page34
valuenull
c
320.5
260.6
text"(GWP"
id"p1abw4-t3di"
anchor
page34
valuenull
c
342.6
260.6
text"&"
id"p1abw4-puhy"
anchor
page34
valuenull
c
365.6
260.6
text"Other"
id"p1abw4-w0w7"
anchor
page34
valuenull
c
414.4
260.6
text"Revenues):"
id"p1abw4-ay03"
anchor
page34
valuenull
c
472
260.6
text"represent"
id"p1abw4-e3tn"
anchor
page34
valuenull
c
508.3
260.6
text"the"
id"p1abw4-dt2r"
anchor
page34
valuenull
c
545
260.6
text"insurance"
id"p1abw4-02il"
anchor
page34
valuenull
c
599
260.6
text"premiums"
id"p1abw4-rt1j"
anchor
page34
valuenull
c
651.4
260.6
text"collected"
id"p1abw4-4ar8"
anchor
page34
valuenull
c
694.8
260.6
text"during"
id"p1abw4-5yux"
anchor
page34
valuenull
c
723.1
260.6
text"the"
id"p1abw4-txe4"
anchor
page34
valuenull
c
751.5
260.6
text"period"
id"p1abw4-5d2m"
anchor
page34
valuenull
c
796.9
260.6
text"(including"
id"p1abw4-o8ob"
anchor
page34
valuenull
c
835
260.6
text"risk"
id"p1abw4-p9je"
anchor
page34
valuenull
c
874.8
260.6
text"premiums,"
id"p1abw4-khbv"
anchor
page34
valuenull
c
83.3
275
text"premiums"
id"p1abw4-27jz"
anchor
page34
valuenull
c
124
275
text"from"
id"p1abw4-8j2j"
anchor
page34
valuenull
c
150.7
275
text"pure"
id"p1abw4-w6p4"
anchor
page34
valuenull
c
193.7
275
text"investment"
id"p1abw4-u8kf"
anchor
page34
valuenull
c
248.8
275
text"contracts"
id"p1abw4-7rhq"
anchor
page34
valuenull
c
286.4
275
text"with"
id"p1abw4-3r6d"
anchor
page34
valuenull
c
306.9
275
text"no"
id"p1abw4-ef87"
anchor
page34
valuenull
c
349.4
275
text"discretionary"
id"p1abw4-9qjs"
anchor
page34
valuenull
c
417.9
275
text"participating"
id"p1abw4-eqh1"
anchor
page34
valuenull
c
475.2
275
text"features,"
id"p1abw4-4x6h"
anchor
page34
valuenull
c
510.5
275
text"fees"
id"p1abw4-sp9j"
anchor
page34
valuenull
c
533.3
275
text"and"
id"p1abw4-4ekm"
anchor
page34
valuenull
c
570.3
275
text"revenues,"
id"p1abw4-ostp"
anchor
page34
valuenull
c
606.1
275
text"net"
id"p1abw4-rv3w"
anchor
page34
valuenull
c
622.5
275
text"of"
id"p1abw4-4a7i"
anchor
page34
valuenull
c
663.5
275
text"commissions"
id"p1abw4-0ih0"
anchor
page34
valuenull
c
710.6
275
text"paid"
id"p1abw4-djel"
anchor
page34
valuenull
c
731.3
275
text"on"
id"p1abw4-0enk"
anchor
page34
valuenull
c
763.4
275
text"assumed"
id"p1abw4-calr"
anchor
page34
valuenull
c
818.6
275
text"reinsurance"
id"p1abw4-r8me"
anchor
page34
valuenull
c
876.7
275
text"business)."
id"p1abw4-cetz"
anchor
page34
valuenull
c
72
289.4
text"Other"
id"p1abw4-hcxi"
anchor
page34
valuenull
c
112.9
289.4
text"Revenues"
id"p1abw4-zky3"
anchor
page34
valuenull
c
164
289.4
text"represent"
id"p1abw4-un6e"
anchor
page34
valuenull
c
216.2
289.4
text"premiums"
id"p1abw4-xh1n"
anchor
page34
valuenull
c
253.8
289.4
text"and"
id"p1abw4-03cq"
anchor
page34
valuenull
c
276.1
289.4
text"fees"
id"p1abw4-u7f4"
anchor
page34
valuenull
c
311.9
289.4
text"collected"
id"p1abw4-kotq"
anchor
page34
valuenull
c
343.7
289.4
text"on"
id"p1abw4-c87a"
anchor
page34
valuenull
c
375.3
289.4
text"activities"
id"p1abw4-kded"
anchor
page34
valuenull
c
413.8
289.4
text"other"
id"p1abw4-tx07"
anchor
page34
valuenull
c
441.2
289.4
text"than"
id"p1abw4-lgl9"
anchor
page34
valuenull
c
480
289.4
text"insurance"
id"p1abw4-9rzg"
anchor
page34
valuenull
c
516.3
289.4
text"(i.e."
id"p1abw4-3kyt"
anchor
page34
valuenull
c
549.9
289.4
text"banking,"
id"p1abw4-9xco"
anchor
page34
valuenull
c
595.9
289.4
text"services,"
id"p1abw4-ri5v"
anchor
page34
valuenull
c
629.4
289.4
text"and"
id"p1abw4-8bld"
anchor
page34
valuenull
c
654.6
289.4
text"asset"
id"p1abw4-w7bx"
anchor
page34
valuenull
c
703.5
289.4
text"management"
id"p1abw4-zym4"
anchor
page34
valuenull
c
765.5
289.4
text"activities)."
id"p1abw4-bbq3"
anchor
page34
valuenull
c
69.5
309.8
text"New"
id"p1abw4-3z1t"
anchor
page34
valuenull
c
106.8
309.8
text"Business"
id"p1abw4-eb44"
anchor
page34
valuenull
c
164.1
309.8
text"Contractual"
id"p1abw4-lgt1"
anchor
page34
valuenull
c
217.6
309.8
text"Service"
id"p1abw4-1q7r"
anchor
page34
valuenull
c
258
309.8
text"Margin"
id"p1abw4-ejsz"
anchor
page34
valuenull
c
288.4
309.8
text"(NB"
id"p1abw4-kw5f"
anchor
page34
valuenull
c
315.7
309.8
text"CSM):"
id"p1abw4-upet"
anchor
page34
valuenull
c
336.4
309.8
text"a"
id"p1abw4-rddv"
anchor
page34
valuenull
c
370.9
309.8
text"component"
id"p1abw4-r90p"
anchor
page34
valuenull
c
407.6
309.8
text"of"
id"p1abw4-jmm1"
anchor
page34
valuenull
c
423.1
309.8
text"the"
id"p1abw4-qm7w"
anchor
page34
valuenull
c
454.4
309.8
text"carrying"
id"p1abw4-6zjh"
anchor
page34
valuenull
c
497.1
309.8
text"amount"
id"p1abw4-wl1a"
anchor
page34
valuenull
c
524.3
309.8
text"of"
id"p1abw4-gilv"
anchor
page34
valuenull
c
539.9
309.8
text"the"
id"p1abw4-90sz"
anchor
page34
valuenull
c
563.7
309.8
text"asset"
id"p1abw4-0az9"
anchor
page34
valuenull
c
584.4
309.8
text"or"
id"p1abw4-1vzl"
anchor
page34
valuenull
c
610.6
309.8
text"liability"
id"p1abw4-88ne"
anchor
page34
valuenull
c
638.9
309.8
text"for"
id"p1abw4-ctxt"
anchor
page34
valuenull
c
663.3
309.8
text"newly"
id"p1abw4-9qk2"
anchor
page34
valuenull
c
696.7
309.8
text"issued"
id"p1abw4-tl6c"
anchor
page34
valuenull
c
739.8
309.8
text"insurance"
id"p1abw4-cdxe"
anchor
page34
valuenull
c
790.5
309.8
text"contracts"
id"p1abw4-08yx"
anchor
page34
valuenull
c
833
309.8
text"during"
id"p1abw4-ywro"
anchor
page34
valuenull
c
860
309.8
text"the"
id"p1abw4-ot2o"
anchor
page34
valuenull
c
888.7
309.8
text"period,"
id"p1abw4-hrrv"
anchor
page34
valuenull
c
89.9
324.2
text"representing"
id"p1abw4-6jl6"
anchor
page34
valuenull
c
132.4
324.2
text"the"
id"p1abw4-quao"
anchor
page34
valuenull
c
167.2
324.2
text"unearned"
id"p1abw4-v092"
anchor
page34
valuenull
c
207.9
324.2
text"profit"
id"p1abw4-508p"
anchor
page34
valuenull
c
229.3
324.2
text"to"
id"p1abw4-8hq6"
anchor
page34
valuenull
c
243.2
324.2
text"be"
id"p1abw4-t39c"
anchor
page34
valuenull
c
279.8
324.2
text"recognized"
id"p1abw4-qsdg"
anchor
page34
valuenull
c
315.3
324.2
text"as"
id"p1abw4-owo7"
anchor
page34
valuenull
c
348
324.2
text"insurance"
id"p1abw4-imic"
anchor
page34
valuenull
c
396.2
324.2
text"contract"
id"p1abw4-f7hn"
anchor
page34
valuenull
c
439.8
324.2
text"services"
id"p1abw4-wl53"
anchor
page34
valuenull
c
470.3
324.2
text"are"
id"p1abw4-r1ef"
anchor
page34
valuenull
c
505
324.2
text"provided."
id"p1abw4-hgpg"
anchor
page34
valuenull
c
69.5
344.6
text"New"
id"p1abw4-2fe0"
anchor
page34
valuenull
c
107.4
344.6
text"Business"
id"p1abw4-256s"
anchor
page34
valuenull
c
148.4
344.6
text"Value"
id"p1abw4-ovma"
anchor
page34
valuenull
c
183.2
344.6
text"(NBV):"
id"p1abw4-80xh"
anchor
page34
valuenull
c
211.2
344.6
text"the"
id"p1abw4-t8pr"
anchor
page34
valuenull
c
235.9
344.6
text"value"
id"p1abw4-98go"
anchor
page34
valuenull
c
257.5
344.6
text"of"
id"p1abw4-xjfb"
anchor
page34
valuenull
c
280.4
344.6
text"newly"
id"p1abw4-n0r5"
anchor
page34
valuenull
c
314.3
344.6
text"issued"
id"p1abw4-xoz6"
anchor
page34
valuenull
c
357
344.6
text"contracts"
id"p1abw4-m3v2"
anchor
page34
valuenull
c
399.9
344.6
text"during"
id"p1abw4-dubg"
anchor
page34
valuenull
c
427.6
344.6
text"the"
id"p1abw4-851j"
anchor
page34
valuenull
c
457.2
344.6
text"current"
id"p1abw4-kgzc"
anchor
page34
valuenull
c
491
344.6
text"year."
id"p1abw4-p0jn"
anchor
page34
valuenull
c
509.9
344.6
text"It"
id"p1abw4-sv3a"
anchor
page34
valuenull
c
536.8
344.6
text"consists"
id"p1abw4-l0y2"
anchor
page34
valuenull
c
565
344.6
text"of"
id"p1abw4-zruu"
anchor
page34
valuenull
c
581.1
344.6
text"the"
id"p1abw4-2tke"
anchor
page34
valuenull
c
603.1
344.6
text"sum"
id"p1abw4-55u2"
anchor
page34
valuenull
c
621.9
344.6
text"of"
id"p1abw4-fpue"
anchor
page34
valuenull
c
635
344.6
text"(i)"
id"p1abw4-e6lw"
anchor
page34
valuenull
c
651.2
344.6
text"the"
id"p1abw4-iavz"
anchor
page34
valuenull
c
673
344.6
text"new"
id"p1abw4-vcp0"
anchor
page34
valuenull
c
708.5
344.6
text"business"
id"p1abw4-qudp"
anchor
page34
valuenull
c
762.3
344.6
text"contractual"
id"p1abw4-e71j"
anchor
page34
valuenull
c
811.7
344.6
text"service"
id"p1abw4-0woe"
anchor
page34
valuenull
c
851.7
344.6
text"margin,"
id"p1abw4-4tn8"
anchor
page34
valuenull
c
880.6
344.6
text"(ii)"
id"p1abw4-43gl"
anchor
page34
valuenull
c
898.4
344.6
text"the"
id"p1abw4-6r9a"
anchor
page34
valuenull
c
76.9
359.1
text"present"
id"p1abw4-sk59"
anchor
page34
valuenull
c
112.3
359.1
text"value"
id"p1abw4-dzqg"
anchor
page34
valuenull
c
133.6
359.1
text"of"
id"p1abw4-z96u"
anchor
page34
valuenull
c
149.4
359.1
text"the"
id"p1abw4-a2kc"
anchor
page34
valuenull
c
175.7
359.1
text"future"
id"p1abw4-eafv"
anchor
page34
valuenull
c
210.1
359.1
text"profits"
id"p1abw4-tv31"
anchor
page34
valuenull
c
234.1
359.1
text"of"
id"p1abw4-jr9o"
anchor
page34
valuenull
c
268.8
359.1
text"short-term"
id"p1abw4-ttty"
anchor
page34
valuenull
c
313.2
359.1
text"newly"
id"p1abw4-2c1p"
anchor
page34
valuenull
c
346.9
359.1
text"issued"
id"p1abw4-poy3"
anchor
page34
valuenull
c
389.4
359.1
text"contracts"
id"p1abw4-9akh"
anchor
page34
valuenull
c
432.1
359.1
text"during"
id"p1abw4-riwv"
anchor
page34
valuenull
c
459.4
359.1
text"the"
id"p1abw4-bjkg"
anchor
page34
valuenull
c
488.3
359.1
text"period,"
id"p1abw4-6s4v"
anchor
page34
valuenull
c
526.5
359.1
text"carried"
id"p1abw4-fb8n"
anchor
page34
valuenull
c
553.1
359.1
text"by"
id"p1abw4-9k2t"
anchor
page34
valuenull
c
571
359.1
text"Life"
id"p1abw4-u9o1"
anchor
page34
valuenull
c
603.2
359.1
text"entities,"
id"p1abw4-y34h"
anchor
page34
valuenull
c
655.8
359.1
text"considering"
id"p1abw4-fn4d"
anchor
page34
valuenull
c
711
359.1
text"expected"
id"p1abw4-o8lh"
anchor
page34
valuenull
c
760.8
359.1
text"renewals,"
id"p1abw4-7iq9"
anchor
page34
valuenull
c
795.7
359.1
text"(iii)"
id"p1abw4-bttb"
anchor
page34
valuenull
c
814.7
359.1
text"the"
id"p1abw4-rbq1"
anchor
page34
valuenull
c
844.9
359.1
text"present"
id"p1abw4-tlye"
anchor
page34
valuenull
c
880.3
359.1
text"value"
id"p1abw4-w2gc"
anchor
page34
valuenull
c
901.6
359.1
text"of"
id"p1abw4-52do"
anchor
page34
valuenull
c
66
373.5
text"the"
id"p1abw4-cp8u"
anchor
page34
valuenull
c
91.8
373.5
text"future"
id"p1abw4-cecw"
anchor
page34
valuenull
c
126
373.5
text"profits"
id"p1abw4-dm9m"
anchor
page34
valuenull
c
149.7
373.5
text"of"
id"p1abw4-140g"
anchor
page34
valuenull
c
168.7
373.5
text"pure"
id"p1abw4-fbvy"
anchor
page34
valuenull
c
211.1
373.5
text"investment"
id"p1abw4-n397"
anchor
page34
valuenull
c
265.6
373.5
text"contracts"
id"p1abw4-dt7c"
anchor
page34
valuenull
c
318.2
373.5
text"accounted"
id"p1abw4-y1td"
anchor
page34
valuenull
c
354.4
373.5
text"for"
id"p1abw4-m06q"
anchor
page34
valuenull
c
378.6
373.5
text"under"
id"p1abw4-sa29"
anchor
page34
valuenull
c
407.1
373.5
text"IFRS"
id"p1abw4-h034"
anchor
page34
value9
c
425.1
373.5
text"9"
id"p1abw4-7flj"
anchor
page34
valuenull
c
440.3
373.5
text"net"
id"p1abw4-mymw"
anchor
page34
valuenull
c
455.9
373.5
text"of"
id"p1abw4-0lxy"
anchor
page34
valuenull
c
471.2
373.5
text"(iv)"
id"p1abw4-93eg"
anchor
page34
valuenull
c
489.9
373.5
text"the"
id"p1abw4-vbl4"
anchor
page34
valuenull
c
511.1
373.5
text"cost"
id"p1abw4-g52h"
anchor
page34
valuenull
c
528.8
373.5
text"of"
id"p1abw4-p1hx"
anchor
page34
valuenull
c
567.6
373.5
text"reinsurance,"
id"p1abw4-3vg8"
anchor
page34
valuenull
c
607.5
373.5
text"(v)"
id"p1abw4-a70x"
anchor
page34
valuenull
c
629.5
373.5
text"taxes"
id"p1abw4-tfdn"
anchor
page34
valuenull
c
654.8
373.5
text"and"
id"p1abw4-7gr2"
anchor
page34
valuenull
c
674.7
373.5
text"(vi)"
id"p1abw4-vwsa"
anchor
page34
valuenull
c
706.4
373.5
text"minority"
id"p1abw4-eave"
anchor
page34
valuenull
c
753.7
373.5
text"interests."
id"p1abw4-au7h"
anchor
page34
valuenull
c
69.5
393.9
text"New"
id"p1abw4-4gdg"
anchor
page34
valuenull
c
106.8
393.9
text"Business"
id"p1abw4-oiew"
anchor
page34
valuenull
c
147.3
393.9
text"Value"
id"p1abw4-zag0"
anchor
page34
valuenull
c
183.5
393.9
text"margin"
id"p1abw4-iga5"
anchor
page34
valuenull
c
217.8
393.9
text"(NBV"
id"p1abw4-agd4"
anchor
page34
valuenull
c
255.8
393.9
text"margin):"
id"p1abw4-ztf0"
anchor
page34
valuenull
c
292.9
393.9
text"ratio"
id"p1abw4-q2v0"
anchor
page34
valuenull
c
312.1
393.9
text"of"
id"p1abw4-4f8h"
anchor
page34
valuenull
c
324.5
393.9
text"(i)"
id"p1abw4-0esg"
anchor
page34
valuenull
c
344.1
393.9
text"NBV,"
id"p1abw4-3w1y"
anchor
page34
valuenull
c
390.5
393.9
text"representing"
id"p1abw4-5oan"
anchor
page34
valuenull
c
433.1
393.9
text"the"
id"p1abw4-kk9h"
anchor
page34
valuenull
c
457.4
393.9
text"value"
id"p1abw4-zenr"
anchor
page34
valuenull
c
478.3
393.9
text"of"
id"p1abw4-adxv"
anchor
page34
valuenull
c
500.6
393.9
text"newly"
id"p1abw4-z52y"
anchor
page34
valuenull
c
533.9
393.9
text"issued"
id"p1abw4-wxx0"
anchor
page34
valuenull
c
576.1
393.9
text"contracts"
id"p1abw4-m2fz"
anchor
page34
valuenull
c
618.4
393.9
text"during"
id"p1abw4-fw5f"
anchor
page34
valuenull
c
645.5
393.9
text"the"
id"p1abw4-muv9"
anchor
page34
valuenull
c
674.6
393.9
text"current"
id"p1abw4-kfgf"
anchor
page34
valuenull
c
707.8
393.9
text"year,"
id"p1abw4-idvt"
anchor
page34
valuenull
c
727.8
393.9
text"to"
id"p1abw4-y1gy"
anchor
page34
valuenull
c
742
393.9
text"(ii)"
id"p1abw4-v9rz"
anchor
page34
valuenull
c
765.6
393.9
text"PVEP."
id"p1abw4-i6tz"
anchor
page34
valuenull
c
84.5
414.3
text"Operating"
id"p1abw4-1cta"
anchor
page34
valuenull
c
138.4
414.3
text"variance:"
id"p1abw4-a2lr"
anchor
page34
valuenull
c
173.9
414.3
text"the"
id"p1abw4-0w7a"
anchor
page34
valuenull
c
207.2
414.3
text"variation"
id"p1abw4-byv6"
anchor
page34
valuenull
c
237.3
414.3
text"of"
id"p1abw4-szvf"
anchor
page34
valuenull
c
253.1
414.3
text"the"
id"p1abw4-gnl2"
anchor
page34
valuenull
c
286.1
414.3
text"year-end"
id"p1abw4-gp8p"
anchor
page34
valuenull
c
321.9
414.3
text"CSM"
id"p1abw4-dtiq"
anchor
page34
valuenull
c
351.6
414.3
text"versus"
id"p1abw4-ie2a"
anchor
page34
valuenull
c
378.6
414.3
text"the"
id"p1abw4-qd5u"
anchor
page34
valuenull
c
412.4
414.3
text"expected"
id"p1abw4-hffo"
anchor
page34
valuenull
c
443
414.3
text"at"
id"p1abw4-3b9w"
anchor
page34
valuenull
c
471.2
414.3
text"opening"
id"p1abw4-qsqv"
anchor
page34
valuenull
c
503.9
414.3
text"due"
id"p1abw4-wcqq"
anchor
page34
valuenull
c
521.3
414.3
text"to"
id"p1abw4-lpk4"
anchor
page34
valuenull
c
534.2
414.3
text"(i)"
id"p1abw4-8idy"
anchor
page34
valuenull
c
550
414.3
text"the"
id"p1abw4-7tv1"
anchor
page34
valuenull
c
588.8
414.3
text"differences"
id"p1abw4-h3dk"
anchor
page34
valuenull
c
641.2
414.3
text"between"
id"p1abw4-y5zf"
anchor
page34
valuenull
c
685.6
414.3
text"realized"
id"p1abw4-u22d"
anchor
page34
valuenull
c
717.8
414.3
text"and"
id"p1abw4-qezy"
anchor
page34
valuenull
c
753
414.3
text"expected"
id"p1abw4-vznw"
anchor
page34
valuenull
c
807.6
414.3
text"operational"
id"p1abw4-y7z5"
anchor
page34
valuenull
c
873
414.3
text"assumptions,"
id"p1abw4-nydd"
anchor
page34
valuenull
c
64.3
428.7
text"(ii)"
id"p1abw4-wzc6"
anchor
page34
valuenull
c
94.1
428.7
text"changes"
id"p1abw4-5rpw"
anchor
page34
valuenull
c
122.1
428.7
text"in"
id"p1abw4-vir3"
anchor
page34
valuenull
c
161.5
428.7
text"assumptions"
id"p1abw4-dogb"
anchor
page34
valuenull
c
207.7
428.7
text"such"
id"p1abw4-8xnm"
anchor
page34
valuenull
c
227.4
428.7
text"as"
id"p1abw4-o9ie"
anchor
page34
valuenull
c
259.9
428.7
text"mortality,"
id"p1abw4-jcvn"
anchor
page34
valuenull
c
311.6
428.7
text"longevity,"
id"p1abw4-k2pd"
anchor
page34
valuenull
c
354.6
428.7
text"lapses"
id"p1abw4-97gy"
anchor
page34
valuenull
c
382.2
428.7
text"and"
id"p1abw4-ttoi"
anchor
page34
valuenull
c
419.1
428.7
text"expenses,"
id"p1abw4-m4jy"
anchor
page34
valuenull
c
455.9
428.7
text"and"
id"p1abw4-v3zk"
anchor
page34
valuenull
c
476
428.7
text"(iii)"
id"p1abw4-1je9"
anchor
page34
valuenull
c
504.1
428.7
text"impact"
id"p1abw4-gaid"
anchor
page34
valuenull
c
528.9
428.7
text"of"
id"p1abw4-i4d1"
anchor
page34
valuenull
c
552.5
428.7
text"model"
id"p1abw4-882p"
anchor
page34
valuenull
c
593.1
428.7
text"changes."
id"p1abw4-0wla"
anchor
page34
valuenull
c
643.1
428.7
text"Operating"
id"p1abw4-3rp5"
anchor
page34
valuenull
c
692
428.7
text"variance"
id"p1abw4-a09x"
anchor
page34
valuenull
c
719.8
428.7
text"is"
id"p1abw4-dj3j"
anchor
page34
valuenull
c
734.6
428.7
text"net"
id"p1abw4-znc9"
anchor
page34
valuenull
c
750.2
428.7
text"of"
id"p1abw4-b191"
anchor
page34
valuenull
c
788.9
428.7
text"reinsurance."
id"p1abw4-90k7"
anchor
page34
valuenull
c
78.3
449.1
text"Present"
id"p1abw4-w36z"
anchor
page34
valuenull
c
116.5
449.1
text"value"
id"p1abw4-z8aj"
anchor
page34
valuenull
c
139.6
449.1
text"of"
id"p1abw4-imtr"
anchor
page34
valuenull
c
172.6
449.1
text"expected"
id"p1abw4-fcii"
anchor
page34
valuenull
c
227.1
449.1
text"premiums"
id"p1abw4-z6nl"
anchor
page34
valuenull
c
277
449.1
text"(PVEP):"
id"p1abw4-0kl5"
anchor
page34
valuenull
c
308
449.1
text"the"
id"p1abw4-bpdl"
anchor
page34
valuenull
c
330
449.1
text"new"
id"p1abw4-lj5r"
anchor
page34
valuenull
c
365.7
449.1
text"business"
id"p1abw4-psjq"
anchor
page34
valuenull
c
410.9
449.1
text"volume,"
id"p1abw4-k3w2"
anchor
page34
valuenull
c
448.5
449.1
text"equal"
id"p1abw4-89sz"
anchor
page34
valuenull
c
471
449.1
text"to"
id"p1abw4-1rqa"
anchor
page34
valuenull
c
487.6
449.1
text"the"
id"p1abw4-gz7x"
anchor
page34
valuenull
c
518.1
449.1
text"present"
id"p1abw4-qhio"
anchor
page34
valuenull
c
554.1
449.1
text"value"
id"p1abw4-yruw"
anchor
page34
valuenull
c
575.8
449.1
text"at"
id"p1abw4-09yg"
anchor
page34
valuenull
c
592.1
449.1
text"the"
id"p1abw4-oyi3"
anchor
page34
valuenull
c
615
449.1
text"time"
id"p1abw4-7cvs"
anchor
page34
valuenull
c
634.7
449.1
text"of"
id"p1abw4-lbwe"
anchor
page34
valuenull
c
655.5
449.1
text"issue"
id"p1abw4-jr84"
anchor
page34
valuenull
c
676.4
449.1
text"of"
id"p1abw4-157z"
anchor
page34
valuenull
c
692.8
449.1
text"the"
id"p1abw4-0wy4"
anchor
page34
valuenull
c
716
449.1
text"total"
id"p1abw4-wxvb"
anchor
page34
valuenull
c
756.5
449.1
text"premiums"
id"p1abw4-zchj"
anchor
page34
valuenull
c
808.2
449.1
text"expected"
id"p1abw4-pdo1"
anchor
page34
valuenull
c
839.8
449.1
text"to"
id"p1abw4-mn1r"
anchor
page34
valuenull
c
854.5
449.1
text"be"
id"p1abw4-p9we"
anchor
page34
valuenull
c
885.3
449.1
text"received"
id"p1abw4-xb23"
anchor
page34
valuenull
c
68.8
463.5
text"over"
id"p1abw4-lwet"
anchor
page34
valuenull
c
90.5
463.5
text"the"
id"p1abw4-tfu9"
anchor
page34
valuenull
c
116.3
463.5
text"policy"
id"p1abw4-hvuo"
anchor
page34
valuenull
c
147.4
463.5
text"term."
id"p1abw4-ijzz"
anchor
page34
valuenull
c
176.4
463.5
text"PVEP"
id"p1abw4-usf8"
anchor
page34
valuenull
c
195.7
463.5
text"is"
id"p1abw4-0z7b"
anchor
page34
valuenull
c
230.2
463.5
text"discounted"
id"p1abw4-dbiy"
anchor
page34
valuenull
c
265.9
463.5
text"at"
id"p1abw4-ye6p"
anchor
page34
valuenull
c
281.5
463.5
text"the"
id"p1abw4-wxci"
anchor
page34
valuenull
c
316.1
463.5
text"reference"
id"p1abw4-i7kf"
anchor
page34
valuenull
c
361.8
463.5
text"interest"
id"p1abw4-ty2z"
anchor
page34
valuenull
c
393.6
463.5
text"rate"
id"p1abw4-rk7q"
anchor
page34
valuenull
c
415.5
463.5
text"and"
id"p1abw4-2crj"
anchor
page34
valuenull
c
440.6
463.5
text"PVEP"
id"p1abw4-i5ri"
anchor
page34
valuenull
c
460
463.5
text"is"
id"p1abw4-dre7"
anchor
page34
valuenull
c
482
463.5
text"Group"
id"p1abw4-qz4y"
anchor
page34
valuenull
c
515.1
463.5
text"share."
id"p1abw4-8ybe"
anchor
page34
value34
c
34.6
514.5
text"34"
id"p1abw4-jzba"
anchor
page34
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-5mti"
anchor
page34
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-yhp9"
anchor
page34
value2025
c
112.2
514.5
text"2025"
id"p1abw4-vaj8"
anchor
page34
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-lp2v"
anchor
page34
valuenull
c
200.4
514.5
text"February"
id"p1abw4-89xy"
anchor
page34
value26
c
232.6
514.5
text"26"
id"p1abw4-i6ze"
anchor
page34
value2026
c
254.4
514.5
text"2026"
id"p1abw4-j81n"
anchor
page35
valuenull
c
205.8
43.8
text"(2/2)"
id"p1abw4-31gp"
anchor
page35
valuenull
c
98.7
46
text"Glossary"
id"p1abw4-zpa6"
anchor
page35
valuenull
c
83.2
115.4
text"Technical"
id"p1abw4-tf6l"
anchor
page35
valuenull
c
142.3
115.4
text"experience:"
id"p1abw4-1933"
anchor
page35
valuenull
c
196.3
115.4
text"consists"
id"p1abw4-vec1"
anchor
page35
valuenull
c
227.6
115.4
text"the"
id"p1abw4-7bm2"
anchor
page35
valuenull
c
258.6
115.4
text"impacts"
id"p1abw4-19nk"
anchor
page35
valuenull
c
287.9
115.4
text"on"
id"p1abw4-4eh2"
anchor
page35
valuenull
c
305.4
115.4
text"the"
id"p1abw4-gmjr"
anchor
page35
valuenull
c
343.4
115.4
text"underlying"
id"p1abw4-22pd"
anchor
page35
valuenull
c
394.9
115.4
text"earnings"
id"p1abw4-eygd"
anchor
page35
valuenull
c
422.4
115.4
text"if"
id"p1abw4-mlqp"
anchor
page35
valuenull
c
433.5
115.4
text"(i)"
id"p1abw4-gnxh"
anchor
page35
valuenull
c
449.6
115.4
text"the"
id"p1abw4-bwa1"
anchor
page35
valuenull
c
485.9
115.4
text"difference"
id"p1abw4-an5h"
anchor
page35
valuenull
c
536
115.4
text"between"
id"p1abw4-d6yi"
anchor
page35
valuenull
c
568.9
115.4
text"the"
id"p1abw4-l2ux"
anchor
page35
valuenull
c
602.8
115.4
text"expected"
id"p1abw4-2wl4"
anchor
page35
valuenull
c
638.3
115.4
text"and"
id"p1abw4-43fd"
anchor
page35
valuenull
c
671.9
115.4
text"incurred"
id"p1abw4-65df"
anchor
page35
valuenull
c
722.5
115.4
text"cash-flows"
id"p1abw4-o3yb"
anchor
page35
valuenull
c
756.8
115.4
text"of"
id"p1abw4-czwr"
anchor
page35
valuenull
c
772.8
115.4
text"the"
id"p1abw4-uqxw"
anchor
page35
valuenull
c
802.9
115.4
text"defined"
id"p1abw4-tg8l"
anchor
page35
valuenull
c
842.8
115.4
text"period,"
id"p1abw4-ozze"
anchor
page35
valuenull
c
870.1
115.4
text"(ii)"
id"p1abw4-fahv"
anchor
page35
valuenull
c
887.5
115.4
text"the"
id"p1abw4-cka2"
anchor
page35
valuenull
c
66.8
129.8
text"risk"
id"p1abw4-pdee"
anchor
page35
valuenull
c
107.2
129.8
text"adjustment"
id"p1abw4-t8ml"
anchor
page35
valuenull
c
157.9
129.8
text"release,"
id"p1abw4-dqcm"
anchor
page35
valuenull
c
187.9
129.8
text"(iii)"
id"p1abw4-2kea"
anchor
page35
valuenull
c
206.7
129.8
text"the"
id"p1abw4-nf5d"
anchor
page35
valuenull
c
238.1
129.8
text"changes"
id"p1abw4-e4kj"
anchor
page35
valuenull
c
266.1
129.8
text"in"
id"p1abw4-anf1"
anchor
page35
valuenull
c
294
129.8
text"onerous"
id"p1abw4-fxk8"
anchor
page35
valuenull
c
342.1
129.8
text"contracts,"
id"p1abw4-zzjx"
anchor
page35
valuenull
c
379.2
129.8
text"and"
id"p1abw4-ueku"
anchor
page35
valuenull
c
399.1
129.8
text"(iv)"
id"p1abw4-vpfp"
anchor
page35
valuenull
c
417.6
129.8
text"the"
id"p1abw4-teff"
anchor
page35
valuenull
c
442
129.8
text"other"
id"p1abw4-tgyf"
anchor
page35
valuenull
c
482.9
129.8
text"long-term"
id"p1abw4-rfap"
anchor
page35
valuenull
c
533.6
129.8
text"elements"
id"p1abw4-a90m"
anchor
page35
valuenull
c
574.3
129.8
text"which"
id"p1abw4-jktl"
anchor
page35
valuenull
c
599.8
129.8
text"are"
id"p1abw4-n991"
anchor
page35
valuenull
c
627.4
129.8
text"mainly"
id"p1abw4-zjlh"
anchor
page35
valuenull
c
673.2
129.8
text"composed"
id"p1abw4-wtj2"
anchor
page35
valuenull
c
707
129.8
text"of"
id"p1abw4-g16f"
anchor
page35
valuenull
c
756.1
129.8
text"non-attributable"
id"p1abw4-efdt"
anchor
page35
valuenull
c
825
129.8
text"expenses."
id"p1abw4-usvo"
anchor
page35
valuenull
c
87.2
150.2
text"Underlying"
id"p1abw4-eq1o"
anchor
page35
valuenull
c
137.1
150.2
text"return"
id"p1abw4-emjf"
anchor
page35
valuenull
c
164.4
150.2
text"on"
id"p1abw4-hz4l"
anchor
page35
valuenull
c
197.1
150.2
text"in-force:"
id"p1abw4-7un4"
anchor
page35
valuenull
c
249.9
150.2
text"represents"
id"p1abw4-4k5u"
anchor
page35
valuenull
c
288.4
150.2
text"the"
id"p1abw4-bzbo"
anchor
page35
valuenull
c
318.2
150.2
text"release"
id"p1abw4-uke9"
anchor
page35
valuenull
c
344.8
150.2
text"of"
id"p1abw4-91u6"
anchor
page35
valuenull
c
365.8
150.2
text"Time"
id"p1abw4-xzal"
anchor
page35
valuenull
c
395.9
150.2
text"Value"
id"p1abw4-pzoe"
anchor
page35
valuenull
c
418.2
150.2
text"of"
id"p1abw4-jwj7"
anchor
page35
valuenull
c
446.5
150.2
text"Options"
id"p1abw4-sz1d"
anchor
page35
valuenull
c
473.5
150.2
text"&"
id"p1abw4-vz86"
anchor
page35
valuenull
c
509.4
150.2
text"Guarantees"
id"p1abw4-11tb"
anchor
page35
valuenull
c
559.3
150.2
text"(TVOG)"
id"p1abw4-19e5"
anchor
page35
valuenull
c
590.9
150.2
text"plus"
id"p1abw4-pvzd"
anchor
page35
valuenull
c
613.2
150.2
text"the"
id"p1abw4-b9yf"
anchor
page35
valuenull
c
644
150.2
text"unwind"
id"p1abw4-wg1s"
anchor
page35
valuenull
c
671.4
150.2
text"of"
id"p1abw4-gy4n"
anchor
page35
valuenull
c
690.8
150.2
text"CSM"
id"p1abw4-qr5v"
anchor
page35
valuenull
c
710.3
150.2
text"at"
id"p1abw4-1ngt"
anchor
page35
valuenull
c
727.1
150.2
text"the"
id"p1abw4-nzjm"
anchor
page35
valuenull
c
762.6
150.2
text"reference"
id"p1abw4-ry6z"
anchor
page35
valuenull
c
800.2
150.2
text"rate"
id"p1abw4-rt5k"
anchor
page35
valuenull
c
824.4
150.2
text"plus"
id"p1abw4-yfz9"
anchor
page35
valuenull
c
846.6
150.2
text"the"
id"p1abw4-hf36"
anchor
page35
valuenull
c
885.4
150.2
text"underlying"
id"p1abw4-td27"
anchor
page35
valuenull
c
79.3
164.6
text"financial"
id"p1abw4-mucu"
anchor
page35
valuenull
c
150.4
164.6
text"over-performance."
id"p1abw4-olyb"
anchor
page35
value35
c
34.6
514.5
text"35"
id"p1abw4-661i"
anchor
page35
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-24s5"
anchor
page35
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-7jkj"
anchor
page35
value2025
c
112.2
514.5
text"2025"
id"p1abw4-6d2u"
anchor
page35
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-1prg"
anchor
page35
valuenull
c
200.4
514.5
text"February"
id"p1abw4-3qoo"
anchor
page35
value26
c
232.6
514.5
text"26"
id"p1abw4-efz7"
anchor
page35
value2026
c
254.4
514.5
text"2026"
id"p1abw4-7rzp"
anchor
page36
valuenull
c
160.8
43.8
text"(1/2)"
id"p1abw4-b368"
anchor
page36
valuenull
c
81.8
46
text"Notes"
id"p1abw4-d6xs"
anchor
page36
valuenull
c
64.7
73.4
text"Changes"
id"p1abw4-59rx"
anchor
page36
valuenull
c
93.5
73.4
text"at"
id"p1abw4-bx7j"
anchor
page36
valuenull
c
130.8
73.4
text"comparable"
id"p1abw4-gbft"
anchor
page36
valuenull
c
175.6
73.4
text"basis"
id"p1abw4-xgxn"
anchor
page36
valuenull
c
198.7
73.4
text"are"
id"p1abw4-j7lo"
anchor
page36
valuenull
c
230.8
73.4
text"constant"
id"p1abw4-7niw"
anchor
page36
valuenull
c
269.3
73.4
text"Forex,"
id"p1abw4-ndfa"
anchor
page36
valuenull
c
300.6
73.4
text"scope"
id"p1abw4-g66e"
anchor
page36
valuenull
c
326.5
73.4
text"and"
id"p1abw4-0qgj"
anchor
page36
valuenull
c
371
73.4
text"methodology"
id"p1abw4-qbtc"
anchor
page36
valuenull
c
412.5
73.4
text"for"
id"p1abw4-2yc2"
anchor
page36
valuenull
c
439.5
73.4
text"activity"
id"p1abw4-moe0"
anchor
page36
valuenull
c
485.8
73.4
text"indicators,"
id"p1abw4-q3pn"
anchor
page36
valuenull
c
523.6
73.4
text"and"
id"p1abw4-gfv5"
anchor
page36
valuenull
c
540.5
73.4
text"at"
id"p1abw4-u5zm"
anchor
page36
valuenull
c
569.5
73.4
text"constant"
id"p1abw4-arxa"
anchor
page36
valuenull
c
606.6
73.4
text"Forex"
id"p1abw4-hbew"
anchor
page36
valuenull
c
629
73.4
text"for"
id"p1abw4-izqw"
anchor
page36
valuenull
c
661
73.4
text"earnings,"
id"p1abw4-niu6"
anchor
page36
valuenull
c
701.8
73.4
text"unless"
id"p1abw4-ltio"
anchor
page36
valuenull
c
743.6
73.4
text"otherwise"
id"p1abw4-6pxr"
anchor
page36
valuenull
c
793.2
73.4
text"specified."
id"p1abw4-0yrf"
anchor
page36
valuenull
c
72
112.4
text"Page"
id"p1abw4-zyud"
anchor
page36
value5
c
93.7
112.4
text"5"
id"p1abw4-6vxh"
anchor
page36
value1
c
60.5
130.7
text"1"
id"p1abw4-1m82"
anchor
page36
valuenull
c
82.8
130.1
text"Based"
id"p1abw4-dwkn"
anchor
page36
valuenull
c
108
130.1
text"on"
id"p1abw4-kvbu"
anchor
page36
valuenull
c
125.9
130.1
text"the"
id"p1abw4-5xy2"
anchor
page36
valuenull
c
159.5
130.1
text"dividend"
id"p1abw4-tfix"
anchor
page36
valuenull
c
208.8
130.1
text"proposed"
id"p1abw4-dfl6"
anchor
page36
valuenull
c
242.2
130.1
text"by"
id"p1abw4-1jsb"
anchor
page36
valuenull
c
265.1
130.1
text"AXA’s"
id"p1abw4-vxlo"
anchor
page36
valuenull
c
296.9
130.1
text"Board"
id"p1abw4-vcm1"
anchor
page36
valuenull
c
320.3
130.1
text"of"
id"p1abw4-6jod"
anchor
page36
valuenull
c
351.3
130.1
text"Directors"
id"p1abw4-rq0n"
anchor
page36
valuenull
c
383.9
130.1
text"on"
id"p1abw4-42qd"
anchor
page36
valuenull
c
416.1
130.1
text"February"
id"p1abw4-prkx"
anchor
page36
value25
c
449.3
130.1
text"25"
id"p1abw4-d6ss"
anchor
page36
value2026
c
472.1
130.1
text"2026"
id"p1abw4-p1wp"
anchor
page36
valuenull
c
496.9
130.1
text"and"
id"p1abw4-irpw"
anchor
page36
valuenull
c
528
130.1
text"subject"
id"p1abw4-l2qd"
anchor
page36
valuenull
c
554.8
130.1
text"to"
id"p1abw4-k3xx"
anchor
page36
valuenull
c
585.5
130.1
text"approval"
id"p1abw4-6qi9"
anchor
page36
valuenull
c
617.1
130.1
text"by"
id"p1abw4-wgdy"
anchor
page36
valuenull
c
634.6
130.1
text"the"
id"p1abw4-ba64"
anchor
page36
valuenull
c
681.1
130.1
text"Shareholders’"
id"p1abw4-uevu"
anchor
page36
valuenull
c
736.9
130.1
text"Annual"
id"p1abw4-xnh8"
anchor
page36
valuenull
c
777.2
130.1
text"General"
id"p1abw4-ohqs"
anchor
page36
valuenull
c
820.2
130.1
text"Meeting"
id"p1abw4-xf04"
anchor
page36
valuenull
c
848.8
130.1
text"to"
id"p1abw4-vif7"
anchor
page36
valuenull
c
863.6
130.1
text"be"
id"p1abw4-h0rb"
anchor
page36
valuenull
c
884.2
130.1
text"held"
id"p1abw4-rlws"
anchor
page36
valuenull
c
905
130.1
text"on"
id"p1abw4-foeb"
anchor
page36
valuenull
c
79.2
144.5
text"April"
id"p1abw4-dhxn"
anchor
page36
value30
c
100.7
144.5
text"30"
id"p1abw4-cgxm"
anchor
page36
value2026
c
124
144.5
text"2026"
id"p1abw4-bhjo"
anchor
page36
valuenull
c
72
167.9
text"Page"
id"p1abw4-l65d"
anchor
page36
value7
c
93.7
167.9
text"7"
id"p1abw4-w67p"
anchor
page36
value1
c
60.5
186.3
text"1"
id"p1abw4-lqst"
anchor
page36
valuenull
c
75.4
185.6
text"Pie"
id"p1abw4-93vn"
anchor
page36
valuenull
c
98.8
185.6
text"chart"
id"p1abw4-jzti"
anchor
page36
valuenull
c
141.1
185.6
text"represents"
id"p1abw4-8mrh"
anchor
page36
valuenull
c
181.8
185.6
text"FY25"
id"p1abw4-qgls"
anchor
page36
valuenull
c
209.4
185.6
text"gross"
id"p1abw4-mzkt"
anchor
page36
valuenull
c
243.4
185.6
text"written"
id"p1abw4-59lq"
anchor
page36
valuenull
c
286.9
185.6
text"premium"
id"p1abw4-5t7w"
anchor
page36
valuenull
c
323.4
185.6
text"split"
id"p1abw4-8kvm"
anchor
page36
valuenull
c
360.9
185.6
text"excluding"
id"p1abw4-zbzn"
anchor
page36
valuenull
c
397.1
185.6
text"AXA"
id"p1abw4-8dai"
anchor
page36
valuenull
c
414.9
185.6
text"IM"
id"p1abw4-0as1"
anchor
page36
valuenull
c
432.9
185.6
text"and"
id"p1abw4-8jwc"
anchor
page36
valuenull
c
468.1
185.6
text"holdings."
id"p1abw4-vx98"
anchor
page36
valuenull
c
72
209.2
text"Page"
id"p1abw4-5uop"
anchor
page36
value9
c
93.7
209.2
text"9"
id"p1abw4-6njv"
anchor
page36
value1
c
60.5
227.5
text"1"
id"p1abw4-0svf"
anchor
page36
valuenull
c
89.7
226.8
text"Estimate"
id"p1abw4-0jk7"
anchor
page36
valuenull
c
119.3
226.8
text"of"
id"p1abw4-2min"
anchor
page36
valuenull
c
134.9
226.8
text"the"
id"p1abw4-m2or"
anchor
page36
valuenull
c
156.6
226.8
text"final"
id"p1abw4-o8k0"
anchor
page36
value2025
c
182
226.8
text"2025"
id"p1abw4-wp2e"
anchor
page36
valuenull
c
213.5
226.8
text"figures"
id"p1abw4-gm4j"
anchor
page36
valuenull
c
247.2
226.8
text"made"
id"p1abw4-9pc4"
anchor
page36
valuenull
c
268.6
226.8
text"in"
id"p1abw4-5dax"
anchor
page36
valuenull
c
298.4
226.8
text"February"
id"p1abw4-g37u"
anchor
page36
value2026
c
336.6
226.8
text"2026"
id"p1abw4-z108"
anchor
page36
value2
c
60.5
243.9
text"2"
id"p1abw4-l41l"
anchor
page36
valuenull
c
84.5
243.3
text"Scope:"
id"p1abw4-ag1f"
anchor
page36
valuenull
c
115.2
243.3
text"AXA"
id"p1abw4-8vml"
anchor
page36
valuenull
c
147.4
243.3
text"France,"
id"p1abw4-1ytd"
anchor
page36
valuenull
c
179.6
243.3
text"AXA"
id"p1abw4-de44"
anchor
page36
valuenull
c
217.3
243.3
text"Germany,"
id"p1abw4-kgfv"
anchor
page36
valuenull
c
255.4
243.3
text"AXA"
id"p1abw4-m8gi"
anchor
page36
valuenull
c
300.2
243.3
text"Switzerland,"
id"p1abw4-m1lv"
anchor
page36
valuenull
c
345.1
243.3
text"AXA"
id"p1abw4-ncse"
anchor
page36
valuenull
c
366
243.3
text"UK"
id"p1abw4-trl9"
anchor
page36
valuenull
c
381.1
243.3
text"&"
id"p1abw4-7zj9"
anchor
page36
valuenull
c
408.1
243.3
text"Ireland,"
id"p1abw4-zt5t"
anchor
page36
valuenull
c
440.7
243.3
text"AXA"
id"p1abw4-369g"
anchor
page36
valuenull
c
476.6
243.3
text"Belgium,"
id"p1abw4-2cw2"
anchor
page36
valuenull
c
512.5
243.3
text"AXA"
id"p1abw4-zxe3"
anchor
page36
valuenull
c
539.5
243.3
text"Hong"
id"p1abw4-79v7"
anchor
page36
valuenull
c
571.5
243.3
text"Kong,"
id"p1abw4-eabn"
anchor
page36
valuenull
c
599.8
243.3
text"AXA"
id"p1abw4-e3tb"
anchor
page36
valuenull
c
632.3
243.3
text"Mexico,"
id"p1abw4-umjp"
anchor
page36
valuenull
c
665.2
243.3
text"and"
id"p1abw4-ff8a"
anchor
page36
valuenull
c
688.3
243.3
text"AXA"
id"p1abw4-5ai6"
anchor
page36
valuenull
c
709.4
243.3
text"XL;"
id"p1abw4-4z6a"
anchor
page36
valuenull
c
733.1
243.3
text"Unit:"
id"p1abw4-8iu8"
anchor
page36
valuenull
c
763.3
243.3
text"Gross"
id"p1abw4-l4m7"
anchor
page36
valuenull
c
799.9
243.3
text"Written"
id"p1abw4-2y6e"
anchor
page36
valuenull
c
848.1
243.3
text"Premiums"
id"p1abw4-rw7o"
anchor
page36
valuenull
c
894.9
243.3
text"(GWP);"
id"p1abw4-mj83"
anchor
page36
valuenull
c
96.5
257.7
text"Timeframe:"
id"p1abw4-6wi9"
anchor
page36
valuenull
c
155.9
257.7
text"cumulative"
id"p1abw4-9j7a"
anchor
page36
valuenull
c
213.8
257.7
text"2024-2026."
id"p1abw4-ibqg"
anchor
page36
value3
c
60.5
274.8
text"3"
id"p1abw4-bbnh"
anchor
page36
valuenull
c
84.5
274.1
text"Scope:"
id"p1abw4-h5ao"
anchor
page36
valuenull
c
128.7
274.1
text"corporate"
id"p1abw4-y8de"
anchor
page36
valuenull
c
165.2
274.1
text"and"
id"p1abw4-ujcg"
anchor
page36
valuenull
c
201.8
274.1
text"sovereign"
id"p1abw4-dknx"
anchor
page36
valuenull
c
241.8
274.1
text"debt,"
id"p1abw4-lviq"
anchor
page36
valuenull
c
266.8
274.1
text"real"
id"p1abw4-6jcq"
anchor
page36
valuenull
c
294.1
274.1
text"estate"
id"p1abw4-l2o9"
anchor
page36
valuenull
c
321.7
274.1
text"and"
id"p1abw4-wpvg"
anchor
page36
valuenull
c
351.5
274.1
text"private"
id"p1abw4-u1wu"
anchor
page36
valuenull
c
388.5
274.1
text"assets."
id"p1abw4-ix3p"
anchor
page36
valuenull
c
436.8
274.1
text"Timeframe:"
id"p1abw4-9wxk"
anchor
page36
valuenull
c
476.6
274.1
text"per"
id"p1abw4-7h07"
anchor
page36
valuenull
c
505.1
274.1
text"annum"
id"p1abw4-qsbm"
anchor
page36
valuenull
c
545.6
274.1
text"through"
id"p1abw4-rwx1"
anchor
page36
value2030
c
581.5
274.1
text"2030"
id"p1abw4-l684"
anchor
page36
valuenull
c
72
297.6
text"Page"
id"p1abw4-kck5"
anchor
page36
value12
c
97.4
297.6
text"12"
id"p1abw4-nal1"
anchor
page36
value1
c
60.5
315.9
text"1"
id"p1abw4-jul2"
anchor
page36
valuenull
c
79.3
315.3
text"FY25"
id"p1abw4-vnif"
anchor
page36
valuenull
c
106.9
315.3
text"gross"
id"p1abw4-nxao"
anchor
page36
valuenull
c
140.8
315.3
text"written"
id"p1abw4-ymjn"
anchor
page36
valuenull
c
186.8
315.3
text"premiums"
id"p1abw4-e7uj"
anchor
page36
valuenull
c
239.3
315.3
text"excluding"
id"p1abw4-sxfy"
anchor
page36
valuenull
c
275.4
315.3
text"AXA"
id"p1abw4-pjde"
anchor
page36
valuenull
c
294.8
315.3
text"IM,"
id"p1abw4-at62"
anchor
page36
valuenull
c
328.5
315.3
text"Holdings,"
id"p1abw4-h6ei"
anchor
page36
valuenull
c
364.2
315.3
text"AXA"
id"p1abw4-nha5"
anchor
page36
valuenull
c
404
315.3
text"Assistance,"
id"p1abw4-a2nu"
anchor
page36
valuenull
c
443.8
315.3
text"and"
id"p1abw4-610d"
anchor
page36
valuenull
c
465.4
315.3
text"AXA"
id"p1abw4-pj1x"
anchor
page36
valuenull
c
501.7
315.3
text"Liabilities"
id"p1abw4-b2fs"
anchor
page36
valuenull
c
554
315.3
text"Managers."
id"p1abw4-rhc9"
anchor
page36
valuenull
c
72
338.8
text"Page"
id"p1abw4-h0x5"
anchor
page36
value13
c
97.4
338.8
text"13"
id"p1abw4-wtly"
anchor
page36
value1
c
60.5
357.1
text"1"
id"p1abw4-vqba"
anchor
page36
valuenull
c
86.5
356.4
text"Change"
id"p1abw4-u29d"
anchor
page36
valuenull
c
119.6
356.4
text"FY25"
id"p1abw4-ewz2"
anchor
page36
valuenull
c
140.7
356.4
text"vs."
id"p1abw4-ltx1"
anchor
page36
valuenull
c
161.6
356.4
text"FY24"
id"p1abw4-etlw"
anchor
page36
valuenull
c
180.9
356.4
text"at"
id"p1abw4-wgtx"
anchor
page36
valuenull
c
210.4
356.4
text"constant"
id"p1abw4-lvh0"
anchor
page36
valuenull
c
240.9
356.4
text"fx."
id"p1abw4-4pfp"
anchor
page36
value2
c
60.5
373.5
text"2"
id"p1abw4-vjoz"
anchor
page36
valuenull
c
88.8
372.9
text"Includes"
id"p1abw4-qiml"
anchor
page36
valuenull
c
121.8
372.9
text"AXA"
id"p1abw4-s4u5"
anchor
page36
valuenull
c
139.8
372.9
text"XL"
id"p1abw4-aoid"
anchor
page36
valuenull
c
154.5
372.9
text"Re"
id"p1abw4-jozz"
anchor
page36
valuenull
c
189.1
372.9
text"premiums"
id"p1abw4-m2cg"
anchor
page36
valuenull
c
222
372.9
text"of"
id"p1abw4-0j6a"
anchor
page36
value2.6
c
248
372.9
text"€2.6"
id"p1abw4-g38y"
anchor
page36
valuenull
c
72
396.4
text"Page"
id"p1abw4-9y9y"
anchor
page36
value14
c
97.4
396.4
text"14"
id"p1abw4-59d8"
anchor
page36
value1
c
60.5
414.7
text"1"
id"p1abw4-ad60"
anchor
page36
valuenull
c
86.5
414.1
text"Change"
id"p1abw4-2jd0"
anchor
page36
valuenull
c
119.6
414.1
text"FY25"
id"p1abw4-6i2n"
anchor
page36
valuenull
c
139.2
414.1
text"vs"
id"p1abw4-mlz5"
anchor
page36
valuenull
c
158.6
414.1
text"FY24"
id"p1abw4-ehqo"
anchor
page36
valuenull
c
177.9
414.1
text"at"
id"p1abw4-c03h"
anchor
page36
valuenull
c
207.4
414.1
text"constant"
id"p1abw4-owuz"
anchor
page36
valuenull
c
237.9
414.1
text"fx."
id"p1abw4-8n8r"
anchor
page36
valuenull
c
72
437.6
text"Page"
id"p1abw4-slio"
anchor
page36
value19
c
97.4
437.6
text"19"
id"p1abw4-dfde"
anchor
page36
value1
c
60.5
456
text"1"
id"p1abw4-unf7"
anchor
page36
valuenull
c
91.5
455.3
text"Including"
id"p1abw4-t65s"
anchor
page36
valuenull
c
129.1
455.3
text"both"
id"p1abw4-b6u6"
anchor
page36
valuenull
c
170.3
455.3
text"short-term"
id"p1abw4-xb21"
anchor
page36
valuenull
c
209.2
455.3
text"and"
id"p1abw4-hywv"
anchor
page36
valuenull
c
246.2
455.3
text"long-term"
id"p1abw4-u4i9"
anchor
page36
valuenull
c
298.8
455.3
text"Employee"
id"p1abw4-pmm2"
anchor
page36
valuenull
c
346.8
455.3
text"Benefits"
id"p1abw4-9ce1"
anchor
page36
valuenull
c
381.5
455.3
text"GWP"
id"p1abw4-pvfy"
anchor
page36
valuenull
c
405.1
455.3
text"and"
id"p1abw4-pwrz"
anchor
page36
valuenull
c
430.7
455.3
text"other"
id"p1abw4-ldgp"
anchor
page36
valuenull
c
471.1
455.3
text"revenues."
id"p1abw4-7vvz"
anchor
page36
value36
c
34.6
514.5
text"36"
id"p1abw4-46lp"
anchor
page36
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-6xcx"
anchor
page36
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-pn7p"
anchor
page36
value2025
c
112.2
514.5
text"2025"
id"p1abw4-djo6"
anchor
page36
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-14vi"
anchor
page36
valuenull
c
200.4
514.5
text"February"
id"p1abw4-z3sj"
anchor
page36
value26
c
232.6
514.5
text"26"
id"p1abw4-7ikn"
anchor
page36
value2026
c
254.4
514.5
text"2026"
id"p1abw4-or1n"
anchor
page37
valuenull
c
160.8
43.8
text"(2/2)"
id"p1abw4-01xq"
anchor
page37
valuenull
c
81.8
46
text"Notes"
id"p1abw4-cmxi"
anchor
page37
valuenull
c
64.7
73.4
text"Changes"
id"p1abw4-858t"
anchor
page37
valuenull
c
93.5
73.4
text"at"
id"p1abw4-k348"
anchor
page37
valuenull
c
130.8
73.4
text"comparable"
id"p1abw4-dp9w"
anchor
page37
valuenull
c
175.6
73.4
text"basis"
id"p1abw4-ps11"
anchor
page37
valuenull
c
198.7
73.4
text"are"
id"p1abw4-b3h1"
anchor
page37
valuenull
c
230.8
73.4
text"constant"
id"p1abw4-hsif"
anchor
page37
valuenull
c
269.3
73.4
text"Forex,"
id"p1abw4-896u"
anchor
page37
valuenull
c
300.6
73.4
text"scope"
id"p1abw4-4q10"
anchor
page37
valuenull
c
326.5
73.4
text"and"
id"p1abw4-0g4x"
anchor
page37
valuenull
c
371
73.4
text"methodology"
id"p1abw4-tzko"
anchor
page37
valuenull
c
412.5
73.4
text"for"
id"p1abw4-166w"
anchor
page37
valuenull
c
439.5
73.4
text"activity"
id"p1abw4-dicl"
anchor
page37
valuenull
c
485.8
73.4
text"indicators,"
id"p1abw4-ws61"
anchor
page37
valuenull
c
523.6
73.4
text"and"
id"p1abw4-opd8"
anchor
page37
valuenull
c
540.5
73.4
text"at"
id"p1abw4-fg7u"
anchor
page37
valuenull
c
569.5
73.4
text"constant"
id"p1abw4-4ef4"
anchor
page37
valuenull
c
606.6
73.4
text"Forex"
id"p1abw4-f6kb"
anchor
page37
valuenull
c
629
73.4
text"for"
id"p1abw4-0cxs"
anchor
page37
valuenull
c
661
73.4
text"earnings,"
id"p1abw4-3m5l"
anchor
page37
valuenull
c
701.8
73.4
text"unless"
id"p1abw4-80ax"
anchor
page37
valuenull
c
743.6
73.4
text"otherwise"
id"p1abw4-g1vu"
anchor
page37
valuenull
c
793.2
73.4
text"specified."
id"p1abw4-z2m4"
anchor
page37
valuenull
c
72
112.4
text"Page"
id"p1abw4-sn66"
anchor
page37
value21
c
97.4
112.4
text"21"
id"p1abw4-akwe"
anchor
page37
value1
c
60.5
130.7
text"1"
id"p1abw4-dlfi"
anchor
page37
valuenull
c
86.8
130.1
text"Change"
id"p1abw4-n6lh"
anchor
page37
valuenull
c
113.2
130.1
text"at"
id"p1abw4-n0kx"
anchor
page37
valuenull
c
142.8
130.1
text"constant"
id"p1abw4-3juz"
anchor
page37
valuenull
c
173.2
130.1
text"FX"
id"p1abw4-2t2e"
anchor
page37
valuenull
c
188.7
130.1
text"for"
id"p1abw4-1ego"
anchor
page37
valuenull
c
225.2
130.1
text"underlying"
id"p1abw4-ueq6"
anchor
page37
valuenull
c
276.3
130.1
text"earnings"
id"p1abw4-b1lg"
anchor
page37
valuenull
c
310.1
130.1
text"and"
id"p1abw4-rggu"
anchor
page37
valuenull
c
330.4
130.1
text"net"
id"p1abw4-1va7"
anchor
page37
valuenull
c
361.3
130.1
text"income."
id"p1abw4-bvfe"
anchor
page37
valuenull
c
402.9
130.1
text"Change"
id"p1abw4-jx5a"
anchor
page37
valuenull
c
430.9
130.1
text"on"
id"p1abw4-jmo5"
anchor
page37
valuenull
c
462
130.1
text"reported"
id"p1abw4-2lxr"
anchor
page37
valuenull
c
499
130.1
text"basis"
id"p1abw4-mure"
anchor
page37
valuenull
c
521.3
130.1
text"for"
id"p1abw4-ozlh"
anchor
page37
valuenull
c
558
130.1
text"underlying"
id"p1abw4-x2db"
anchor
page37
valuenull
c
609
130.1
text"earnings"
id"p1abw4-lpb4"
anchor
page37
valuenull
c
641.5
130.1
text"per"
id"p1abw4-a6e2"
anchor
page37
valuenull
c
667.5
130.1
text"share."
id"p1abw4-68pw"
anchor
page37
valuenull
c
72
153.6
text"Page"
id"p1abw4-7tyj"
anchor
page37
value22
c
97.4
153.6
text"22"
id"p1abw4-fuwz"
anchor
page37
value1
c
60.5
171.9
text"1"
id"p1abw4-wodi"
anchor
page37
valuenull
c
102.9
171.2
text"Shareholders’"
id"p1abw4-tihk"
anchor
page37
valuenull
c
155.9
171.2
text"equity"
id"p1abw4-gpfu"
anchor
page37
valuenull
c
189.7
171.2
text"Group"
id"p1abw4-6ca5"
anchor
page37
valuenull
c
223.1
171.2
text"share."
id"p1abw4-ok4d"
anchor
page37
valuenull
c
72
193.8
text"Page"
id"p1abw4-eugl"
anchor
page37
value23
c
97.4
193.8
text"23"
id"p1abw4-de5c"
anchor
page37
value1
c
60.5
212.1
text"1"
id"p1abw4-eval"
anchor
page37
valuenull
c
93.4
211.5
text"Estimated"
id"p1abw4-nff9"
anchor
page37
valuenull
c
137.1
211.5
text"based"
id"p1abw4-z58y"
anchor
page37
valuenull
c
161.8
211.5
text"on"
id"p1abw4-cjcx"
anchor
page37
valuenull
c
179.6
211.5
text"the"
id"p1abw4-6mlk"
anchor
page37
valuenull
c
213.5
211.5
text"Solvency"
id"p1abw4-rja4"
anchor
page37
valuenull
c
256.9
211.5
text"Capital"
id"p1abw4-wxjz"
anchor
page37
valuenull
c
310.6
211.5
text"Requirement"
id"p1abw4-r0x9"
anchor
page37
valuenull
c
360.1
211.5
text"(SCR)"
id"p1abw4-4b3h"
anchor
page37
valuenull
c
386.4
211.5
text"and"
id"p1abw4-ae2s"
anchor
page37
valuenull
c
407.4
211.5
text"the"
id"p1abw4-svyy"
anchor
page37
valuenull
c
438.4
211.5
text"amount"
id"p1abw4-ml73"
anchor
page37
valuenull
c
466.3
211.5
text"of"
id"p1abw4-0dea"
anchor
page37
valuenull
c
491.4
211.5
text"capital"
id"p1abw4-qpdl"
anchor
page37
valuenull
c
525.3
211.5
text"(EOF)"
id"p1abw4-0we8"
anchor
page37
valuenull
c
557
211.5
text"under"
id"p1abw4-lch9"
anchor
page37
valuenull
c
597.6
211.5
text"Solvency"
id"p1abw4-a4z1"
anchor
page37
valuenull
c
626.5
211.5
text"II"
id"p1abw4-pfqh"
anchor
page37
valuenull
c
638
211.5
text"as"
id"p1abw4-cwyh"
anchor
page37
valuenull
c
651.6
211.5
text"of"
id"p1abw4-oj1t"
anchor
page37
valuenull
c
680
211.5
text"January"
id"p1abw4-fqc0"
anchor
page37
value1
c
707.8
211.5
text"1"
id"p1abw4-mtp5"
anchor
page37
value2026
c
728.8
211.5
text"2026"
id"p1abw4-y5de"
anchor
page37
valuenull
c
750.8
211.5
text"as"
id"p1abw4-qu0o"
anchor
page37
valuenull
c
762.6
211.5
text"if"
id"p1abw4-crf8"
anchor
page37
valuenull
c
777.1
211.5
text"the"
id"p1abw4-i0es"
anchor
page37
valuenull
c
811
211.5
text"Solvency"
id"p1abw4-fepc"
anchor
page37
valuenull
c
840
211.5
text"II"
id"p1abw4-t7i4"
anchor
page37
valuenull
c
866
211.5
text"revision"
id"p1abw4-3jmm"
anchor
page37
valuenull
c
898.5
211.5
text"had"
id"p1abw4-3mqf"
anchor
page37
valuenull
c
81.8
225.9
text"come"
id"p1abw4-r19k"
anchor
page37
valuenull
c
108.3
225.9
text"into"
id"p1abw4-r88i"
anchor
page37
valuenull
c
133.6
225.9
text"force"
id"p1abw4-mu5m"
anchor
page37
valuenull
c
155.3
225.9
text"on"
id"p1abw4-8tqh"
anchor
page37
valuenull
c
172.5
225.9
text"the"
id"p1abw4-v9rp"
anchor
page37
valuenull
c
196.6
225.9
text"same"
id"p1abw4-tdry"
anchor
page37
valuenull
c
225.4
225.9
text"date."
id"p1abw4-89fz"
anchor
page37
valuenull
c
72
249.3
text"Page"
id"p1abw4-2w39"
anchor
page37
value25
c
97.4
249.3
text"25"
id"p1abw4-0tbk"
anchor
page37
value1
c
60.5
267.7
text"1"
id"p1abw4-0te4"
anchor
page37
valuenull
c
89
267
text"Sources:"
id"p1abw4-wqwb"
anchor
page37
valuenull
c
129.9
267
text"France"
id"p1abw4-a1b4"
anchor
page37
valuenull
c
173.8
267
text"Assureurs"
id"p1abw4-vrlk"
anchor
page37
valuenull
c
204.2
267
text"&"
id"p1abw4-5axl"
anchor
page37
valuenull
c
224.3
267
text"Argus"
id"p1abw4-ps7d"
anchor
page37
valuenull
c
247.1
267
text"de"
id"p1abw4-a5u4"
anchor
page37
valuenull
c
285.6
267
text"l’assurance,"
id"p1abw4-atm1"
anchor
page37
value2024
c
329.7
267
text"2024"
id"p1abw4-ljg4"
anchor
page37
valuenull
c
357
267
text"data."
id"p1abw4-orv7"
anchor
page37
value2
c
60.5
284.1
text"2"
id"p1abw4-m28i"
anchor
page37
valuenull
c
73.8
283.5
text"All"
id"p1abw4-rjbx"
anchor
page37
valuenull
c
90.7
283.5
text"the"
id"p1abw4-rryg"
anchor
page37
valuenull
c
112.6
283.5
text"data"
id"p1abw4-6his"
anchor
page37
valuenull
c
146.7
283.5
text"concern"
id"p1abw4-uafc"
anchor
page37
valuenull
c
179.1
283.5
text"AXA"
id"p1abw4-e52r"
anchor
page37
valuenull
c
209.6
283.5
text"France."
id"p1abw4-tt3r"
anchor
page37
value3
c
60.5
300.5
text"3"
id"p1abw4-21si"
anchor
page37
valuenull
c
91.1
299.9
text"Including"
id"p1abw4-28fs"
anchor
page37
valuenull
c
150.4
299.9
text"professionals"
id"p1abw4-9z8d"
anchor
page37
valuenull
c
195.8
299.9
text"and"
id"p1abw4-ioxu"
anchor
page37
valuenull
c
222.9
299.9
text"Direct"
id"p1abw4-f8ui"
anchor
page37
valuenull
c
267.4
299.9
text"Assurance."
id"p1abw4-uxhv"
anchor
page37
valuenull
c
72
323.4
text"Page"
id"p1abw4-0sxj"
anchor
page37
value26
c
97.4
323.4
text"26"
id"p1abw4-jzql"
anchor
page37
value1
c
60.5
341.7
text"1"
id"p1abw4-df6u"
anchor
page37
valuenull
c
91
341.1
text"Including"
id"p1abw4-7k7g"
anchor
page37
valuenull
c
131.9
341.1
text"Direct"
id"p1abw4-vtcl"
anchor
page37
valuenull
c
176.4
341.1
text"Assurance."
id"p1abw4-64kd"
anchor
page37
valuenull
c
72
364.5
text"Page"
id"p1abw4-tslo"
anchor
page37
value27
c
97.4
364.5
text"27"
id"p1abw4-kqkx"
anchor
page37
value1
c
60.5
382.9
text"1"
id"p1abw4-9zqh"
anchor
page37
valuenull
c
84.9
382.2
text"Scope:"
id"p1abw4-t8sc"
anchor
page37
valuenull
c
113.8
382.2
text"AXA"
id"p1abw4-j2ra"
anchor
page37
valuenull
c
142.8
382.2
text"France"
id"p1abw4-4vi1"
anchor
page37
valuenull
c
176.6
382.2
text"Retail"
id"p1abw4-6muc"
anchor
page37
valuenull
c
211.7
382.2
text"clients."
id"p1abw4-pxej"
anchor
page37
valuenull
c
72
405.9
text"Page"
id"p1abw4-yoo5"
anchor
page37
value29
c
97.4
405.9
text"29"
id"p1abw4-3uae"
anchor
page37
value1
c
60.5
424.2
text"1"
id"p1abw4-ktni"
anchor
page37
valuenull
c
87.1
423.5
text"Organic"
id"p1abw4-ci5n"
anchor
page37
valuenull
c
120.7
423.5
text"cash"
id"p1abw4-ecj6"
anchor
page37
valuenull
c
162.2
423.5
text"remittance"
id"p1abw4-xya6"
anchor
page37
valuenull
c
204.6
423.5
text"only."
id"p1abw4-cdpj"
anchor
page37
valuenull
c
72
447
text"Page"
id"p1abw4-0n56"
anchor
page37
value32
c
97.4
447
text"32"
id"p1abw4-rhyl"
anchor
page37
value1
c
60.5
465.4
text"1"
id"p1abw4-xdun"
anchor
page37
valuenull
c
77.3
464.7
text"The"
id"p1abw4-h1ch"
anchor
page37
valuenull
c
99.4
464.7
text"CSA"
id"p1abw4-r7y2"
anchor
page37
valuenull
c
131.1
464.7
text"ranking"
id"p1abw4-dkm4"
anchor
page37
valuenull
c
157.1
464.7
text"is"
id"p1abw4-y79q"
anchor
page37
valuenull
c
166.8
464.7
text"a"
id"p1abw4-8eph"
anchor
page37
valuenull
c
181.3
464.7
text"key"
id"p1abw4-a5t5"
anchor
page37
valuenull
c
225.2
464.7
text"performance"
id"p1abw4-d41m"
anchor
page37
valuenull
c
283.2
464.7
text"indicator"
id"p1abw4-p2py"
anchor
page37
valuenull
c
315.6
464.7
text"for"
id"p1abw4-p48b"
anchor
page37
valuenull
c
335.1
464.7
text"AXA"
id"p1abw4-yvf2"
anchor
page37
valuenull
c
364.4
464.7
text"Group,"
id"p1abw4-3lif"
anchor
page37
valuenull
c
396.2
464.7
text"used"
id"p1abw4-dp4t"
anchor
page37
valuenull
c
416.3
464.7
text"to"
id"p1abw4-dub0"
anchor
page37
valuenull
c
446.9
464.7
text"calculate"
id"p1abw4-ht7l"
anchor
page37
valuenull
c
480.6
464.7
text"the"
id"p1abw4-k7y8"
anchor
page37
valuenull
c
505
464.7
text"grant"
id"p1abw4-0mo0"
anchor
page37
valuenull
c
526
464.7
text"of"
id"p1abw4-us60"
anchor
page37
valuenull
c
561.3
464.7
text"Long-Term"
id"p1abw4-4s52"
anchor
page37
valuenull
c
617.4
464.7
text"Incentives"
id"p1abw4-xuz4"
anchor
page37
valuenull
c
661
464.7
text"(more"
id"p1abw4-qs9y"
anchor
page37
valuenull
c
701.2
464.7
text"precisely"
id"p1abw4-jn1y"
anchor
page37
valuenull
c
736
464.7
text"AXA"
id"p1abw4-beyy"
anchor
page37
valuenull
c
773.7
464.7
text"Restricted"
id"p1abw4-63es"
anchor
page37
valuenull
c
822.4
464.7
text"Shares)."
id"p1abw4-i6nj"
anchor
page37
valuenull
c
863.6
464.7
text"Results"
id"p1abw4-bsm5"
anchor
page37
valuenull
c
890
464.7
text"as"
id"p1abw4-at78"
anchor
page37
valuenull
c
903.2
464.7
text"of"
id"p1abw4-yrfo"
anchor
page37
valuenull
c
90.3
479.1
text"February"
id"p1abw4-p255"
anchor
page37
value6
c
123.2
479.1
text"6"
id"p1abw4-kpdw"
anchor
page37
value2026
c
147.1
479.1
text"2026"
id"p1abw4-43gw"
anchor
page37
value37
c
34.6
514.5
text"37"
id"p1abw4-cty8"
anchor
page37
valuenull
c
64.5
514.5
text"Full"
id"p1abw4-38m5"
anchor
page37
valuenull
c
86.8
514.5
text"Year"
id"p1abw4-1ff0"
anchor
page37
value2025
c
112.2
514.5
text"2025"
id"p1abw4-x5us"
anchor
page37
valuenull
c
148.4
514.5
text"Earnings"
id"p1abw4-d81y"
anchor
page37
valuenull
c
200.4
514.5
text"February"
id"p1abw4-ekq9"
anchor
page37
value26
c
232.6
514.5
text"26"
id"p1abw4-s1yb"
anchor
page37
value2026
c
254.4
514.5
text"2026"
id"p1abw4-w21s"
report
cell
figures147
matched138
ambiguous4
unmatched5
prose
figures255
matched225
ambiguous0
unmatched3
untagged27
labels
resolved71
unresolved0
terms
links39
bound29
decorations145
mode"carry"
retired
id"p1abw4-hfbx"
anchor
page6
valuenull
c
811.2
262.2
text"vs91.0"
id"p1abw4-x6sw"
anchor
page6
valuenull
c
818.5
466.5
text"vs98.1%"
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