Insurer Brain

AXA/2025/FY/Financial supplement: Difference between revisions

Browse history interactively
← Older editNewer edit →
Content deleted Content added
VisualWikitext
No edit summary
doc_archive: publish gr2rpazfcv
Line 1:
{{Infobox doc_archive
| wide = yes▼
| organization = AXA
| year = 2025
Line 10 ⟶ 9:
| language = English
| source_url = https://www-axa-com.cdn.prismic.io/www-axa-com/aZ_KkMFoBIGEg14b_AXA_Financial_Supplement_2025_synthesis.xlsx
| archive_filesummary_md = File:AXA<!-2025-FY ARCHIVE_MD_LINK_HERE --Financial_supplement.md>
| intro_sentence = This article presents AXA's FY 2025 financial supplement — the detailed data tables behind the period's results.
▲ | wide = yes
}}
 
''This article presents AXA's FY 2025 financial supplement — the detailed data tables behind the period's results.''
 
== Market Data [[Definition:Contractual service margin (CSM) | CSM]] ==
 
{{Indexing|====== Exchange rate by currency|Exchange rates, USD, JPY, GBP, CHF, HKD|2g0bi52xlo|kind=table|order=1}}====
 
<div style="overflow-x:auto">
Line 84:
</div>
 
{{Indexing|====== Discount rate 5Y by currency|Discount rates, 5-year, EUR, USD, JPY, GBP, CHF, HKD|8057i7ggjm|kind=table|order=2}}====
 
<div style="overflow-x:auto">
Line 132:
</div>
 
{{Indexing|====== Discount rate 10Y by currency|Discount rates, 10-year, EUR, USD, JPY, GBP, CHF, HKD|8057i7ggjm|kind=table|order=3}}====
 
<div style="overflow-x:auto">
Line 182:
== UE by LOB and Net Income ==
 
{{Indexing|====== Group underlying earnings and net income build-up by line of business|Underlying earnings,and net income, Property & Casualty, Life & Health, Asset Management, Holdings|pw41e8kn7m|kind=table|order=4}}====
 
<div style="overflow-x:auto">
Line 835:
== UE by Geography ==
 
{{Indexing|====== Underlying earnings build-up by geography|Underlying earnings, France, Europe, AXA XL, Asia, Africa & EME-LATAM, AXA IM, Transversal & Other|iycymgpuon|kind=table|order=5}}====
 
<div style="overflow-x:auto">
Line 1,390:
</div>
 
{{Indexing|====== Underlying earnings by line of business and geography|Underlying earnings, France, Europe, AXA XL, Asia, Africa & EME-LATAM, AXA IM, Transversal & Other, Property & Casualty, Life & Health, Asset Management, Holdings|iycymgpuon|pw41e8kn7m|kind=table|order=6}}====
 
<div style="overflow-x:auto">
Line 1,587:
== Shares & UEPS ==
 
{{Indexing|====== Basic number of shares rollforward|Outstanding shares, weighted average number of shares, capital increase, stock options, treasury shares|ch7st6ifed|kind=table|order=7}}====
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
! style="text-align:left" | million
! colspan="2" style="text-align:center" | Outstanding Shares Excluding Treasury Shares {{footnote|1=Under IFRS, Treasury shares are not considered as outstanding shares. Treasury shares amounted to 35 million shares as of FY25 and 39 million shares as of FY24.}}
! colspan="2" style="text-align:center" | Weighted Average Number
Line 1,743:
== P&C UE by Sub LOB ==
 
{{Indexing|====== Property & casualty underlying earnings build-up by line of business|Property & Casualty underlying earnings, Commercial lines, Personal lines, AXA XL Reinsurance|pw41e8kn7m|kind=table|order=8}}====
 
<div style="overflow-x:auto">
Line 2,462:
== P&C UE by Geography ==
 
{{Indexing|====== Property & casualty underlying earnings build-up by geography|Property & Casualty underlying earnings, France, Europe, AXA XL, Asia, Africa & EME-LATAM, Transversal & Other|iycymgpuon|kind=table|order=9}}====
 
<div style="overflow-x:auto">
Line 3,348:
== L&H UE by LOB ==
 
{{Indexing|====== Life & health underlying earnings build-up by line of business|Life & Health underlying earnings, Life, Health, Employee Benefits|pw41e8kn7m|kind=table|order=10}}====
 
<div style="overflow-x:auto">
Line 3,992:
== L&H UE by Geography ==
 
{{Indexing|====== Life & health underlying earnings build-up by geography|Life & Health underlying earnings, France, Europe, AXA XL, Asia, Africa & EME-LATAM, Transversal & Other|iycymgpuon|kind=table|order=11}}====
 
<div style="overflow-x:auto">
Line 4,840:
== Life UE by Geography ==
 
{{Indexing|====== Life underlying earnings build-up by geography|Life underlying earnings, France, Europe, AXA XL, Asia, Africa & EME-LATAM, Transversal & Other|iycymgpuon|kind=table|order=12}}====
 
<div style="overflow-x:auto">
Line 5,688:
== Health UE by Geography ==
 
{{Indexing|====== Health underlying earnings build-up by geography|Health underlying earnings, France, Europe, AXA XL, Asia, Africa & EME-LATAM, Transversal & Other|iycymgpuon|kind=table|order=13}}====
 
<div style="overflow-x:auto">
Line 6,536:
== Asset Management ==
 
====== Asset management rollforward ======
{{Indexing|Asset management opening AUM rollforward|Assets under management, net inflows, scope changes, market effect, FX|6jssxlwfy5|kind=table|order=14}}
 
<div style="overflow-x:auto">
Line 6,820:
== Holdings ==
 
{{Indexing|====== Holdings underlying earnings build-up {{footnote{{!}}|1{{=}}Includes Bank with Underlying Earnings Group Share of Euro -24 million as of 1H24, -55 million as of FY24, -24 million as of 1H25 and -54 million as of FY25.}}|Holdings underlying earnings, financial result, other revenues, other expenses, debt financing charges, tax, income from affiliates, minority interests|1smvf6a29l|kind=table|order=15}}====
 
<div style="overflow-x:auto">
Line 6,886:
</div>
 
{{Indexing|====== Holdings cash balance rollforward|Holdings cash balance, net cash remittance from subsidiaries, dividends, share buy-backs|75shp9ailk|kind=table|order=16}}====
 
<div style="overflow-x:auto">
Line 6,972:
== Activity Indicators ==
 
{{Indexing|====== Activity indicators by line of business build-up|Activity indicators, Property & Casualty, Life & Health, Employee Benefits, Life, Health, Asset Management, Bank|lht8rybaqk|kind=table|order=17}}====
 
<div style="overflow-x:auto">
Line 7,256:
</div>
 
====== Activity indicators by geography ======
{{Indexing|Activity indicators by geography build-up|Activity indicators, Gross Written Premiums & Other Revenues, France, Europe, AXA XL, Asia, Africa & EME-LATAM, AXA IM, Transversal & Other|lht8rybaqk|kind=table|order=18}}
 
<div style="overflow-x:auto">
Line 7,510:
== Balance Sheet ==
 
====== Assets build-up ======
{{Indexing|Assets build-up|Goodwill, other intangible assets, investments in real estate properties, financial investments, unit-linked assets, investments from insurance activities, investments from non-insurance activities, equity method investments, assets arising from insurance and reinsurance contracts held, present value of future cash flows, contractual service margin, risk adjustment|1f87rdfb5o|kind=table|order=19}}
 
<div style="overflow-x:auto">
Line 7,588:
</div>
 
====== Liabilities, non-controlling interests, and shareholders' equity build-up ======
{{Indexing|Liabilities, non-controlling interests & shareholders' equity build-up|Shareholders' equity group share, non-controlling interests, financing debt, liabilities arising from insurance contracts and investment contracts with discretionary participation features, present value of future cash flows, contractual service margin, risk adjustment, other investment contract liabilities, liabilities arising from non-insurance activities, provisions for risks and charges|elseqv5tt7|kind=table|order=20}}
 
<div style="overflow-x:auto">
Line 7,660:
== CSM rollforward ==
 
[[Definition:====== Contractual serviceService marginMargin (CSM)|CSM]] rollforward by business unit ======
 
{{Indexing|[[Definition:Contractual service margin (CSM)|CSM]] Contractual service margin rollforward, pre-tax and post-tax|Contractual service margin, new business CSM, underlying return on inforce, CSM release, economic variance, operating variance, other, P&C, Life, Health|cqvs0n2z2e|kind=table|order=21}}
 
<div style="overflow-x:auto">
Line 7,668 ⟶ 7,666:
! style="text-align:left" | EUR million
! class="col-s" style="text-align:right" | FY23 Restated {{footnote|1=Following the termination of the sale of a closed life and pensions portfolio at AXA Germany in 2024. It was classified as held for sale in 2023.}}
! class="col-s" style="text-align:right" | New Business [[Definition:Contractual service margin (CSM)|CSM]]
! class="col-s" style="text-align:right" | Underlying Return on inforce
! class="col-s" style="text-align:right" | CSM Release
Line 7,728 ⟶ 7,726:
</div>
 
====== Contractual Service Margin (CSM) rollforward by business unit ======
{{Indexing|Contractual service margin rollforward, pre-tax and post-tax|Contractual service margin, new business CSM, underlying return on inforce, CSM release, economic variance, operating variance, other, P&C, Life, Health|cqvs0n2z2e|kind=table|order=22}}
 
<div style="overflow-x:auto">
Line 7,796 ⟶ 7,794:
== Invested Assets ==
 
{{Indexing|====== General accountAccount invested assets breakdownbuild-up by asset class and rating|General account invested assets, fixed income, equities, real estate, alternative investments, cash, other invested assets|966xer0dpm|kind=table|order=23}}====
 
<div style="overflow-x:auto">
Line 7,993 ⟶ 7,991:
== Supplementary Info on Asset ==
 
====== Government bonds breakdown by geographical exposure ======
{{Indexing|Government bonds breakdown by geographical exposure|Government bonds, geographical exposure, Belgium, France, Germany, Italy, Japan, Netherlands, Spain, Switzerland, United States, Other EU countries, Supranational, Rest of the World|utnmaoxh50|kind=table|order=24}}
 
<div style="overflow-x:auto">
Line 8,029 ⟶ 8,027:
</div>
 
====== Corporate bonds and loans breakdown by industry ======
{{Indexing|Corporate bonds and loans breakdown by industry|Corporate bonds, loans, industry breakdown, Basic Materials, Communications, Consumer Cyclical, Consumer Non-Cyclical, Covered and Senior Secured Bonds, Energy, Financials, Industrial, Technology, Utilities|966xer0dpm|kind=table|order=25}}
 
<div style="overflow-x:auto">
Line 8,063 ⟶ 8,061:
</div>
 
{{Indexing|====== Corporate bonds and loans exposure to financials by type {{footnote{{!}}|1{{=}}Includes REITS corporate bonds (Euro 3 billion).}}|Corporate bonds, loans, exposure to financials, Banks, Non-Banks, Senior Unsecured Bonds, Subordinated Bonds|966xer0dpm|kind=table|order=26}}====
 
<div style="overflow-x:auto">
Line 8,094 ⟶ 8,092:
</div>
 
{{Indexing|====== Listed equities breakdown by asset domiciliation|Listed equities, asset domiciliation, Belgium, France, Germany, Japan, Netherlands, Switzerland, United States, Other EU countries, Rest of the World|966xer0dpm|kind=table|order=27}}====
 
<div style="overflow-x:auto">
Line 8,124 ⟶ 8,122:
</div>
 
{{Indexing|====== Listed equities breakdown by industry {{footnote{{!}}|1{{=}}Including hedges.}}|Listed equities, industry breakdown, Basic Materials, Communications, Consumer Cyclical, Consumer Non-Cyclical, Diversified, Energy, Financials, Funds, Industrial, Technology, Utilities|966xer0dpm|kind=table|order=28}}====
 
<div style="overflow-x:auto">
Line 8,160 ⟶ 8,158:
</div>
 
====== Real estate breakdown by geographical exposure ======
{{Indexing|Real estate breakdown by geographical exposure|Real estate, geographical exposure, Belgium, France, Germany, Italy, Japan, Spain, Switzerland, United Kingdom, United States, Other EU countries, Rest of the World|t30sdfi0wn|kind=table|order=29}}
 
<div style="overflow-x:auto">
Line 8,194 ⟶ 8,192:
</div>
 
{{Indexing|====== Real estate breakdown by type|Real estate, type breakdown, Office, Residential, Industrial-Logistic, Retail|t30sdfi0wn|kind=table|order=30}}====
 
<div style="overflow-x:auto">
Line 8,216 ⟶ 8,214:
</div>
 
{{Indexing|====== Private equities breakdown by asset domiciliation {{footnote{{!}}|1{{=}}Excluding Non-listed Equity.}}|Private equities, asset domiciliation, Europe, Japan, United States|gp3o3dfk95|kind=table|order=31}}====
 
<div style="overflow-x:auto">
Line 8,236 ⟶ 8,234:
</div>
 
{{Indexing|====== Mortgage loans breakdown by type|Mortgage loans, type breakdown, Residential, Commercial|966xer0dpm|kind=table|order=32}}====
 
<div style="overflow-x:auto">
Line 8,254 ⟶ 8,252:
== Shareholders Equity ==
 
====== Change in Group Share Consolidated Shareholders' Equity rollforward ======
{{Indexing|Change in group share consolidated shareholders' equity rollforward|Shareholders' equity rollforward, Paid-in Capital, Treasury Shares, Other Comprehensive Income, Currency Fluctuations, Undated Subordinated Debt, Realized Gains, Dividends, Net Income|z6dk9e62ik|kind=table|order=33}}
 
<div style="overflow-x:auto">
Line 8,305 ⟶ 8,303:
</div>
 
====== Group Share Consolidated Shareholders' Equity build-up ======
{{Indexing|Group share consolidated shareholders' equity build-up|Shareholders' equity build-up, Paid-in Capital, Treasury Shares, Other Comprehensive Income, Translation Reserves, Undated Subordinated Debt, Retained Earnings|0lk0pqg9zh|kind=table|order=34}}
 
<div style="overflow-x:auto">
Line 8,355 ⟶ 8,353:
</div>
 
{{Indexing|====== Book value per share and shareholders' equity plus CSM per share|Book value per share, shareholders' equity plus CSM per share|0lk0pqg9zh|c9uq82u1iy|kind=table|order=35}}====
 
<div style="overflow-x:auto">
Line 8,373 ⟶ 8,371:
</div>
 
{{Indexing|====== Unrealized gains and losses on invested assets net of tax build-up|Unrealized gains and losses on invested assets, Government Bonds, Corporate Bonds, Cash Flow hedges, Equities, Real Estate|j8uunnd14x|kind=table|order=36}}====
 
<div style="overflow-x:auto">
Line 8,425 ⟶ 8,423:
== RoE & Gearing ==
 
====== Return on equity ======
{{Indexing|Return on equity by type|Return on equity, Net Income ROE, Underlying ROE, Net Income, Average Adjusted Shareholders' Equity, Underlying Earnings|0lk0pqg9zh|kind=table|order=37}}
 
<div style="overflow-x:auto">
Line 8,466 ⟶ 8,464:
</div>
 
====== Debt gearing build-up ======
{{Indexing|Debt gearing build-up|Debt gearing build-up, Financing Debt, Dated Subordinated Debt, Total Gross Debt, Undated Deeply Subordinated Notes, Deeply Subordinated Notes, Shareholders' Equity, Contractual Service Margin|b3bc9gy5x7|kind=table|order=38}}
 
<div style="overflow-x:auto">
Line 8,530 ⟶ 8,528:
== Information on Solvency II ==
 
====== Solvency II rollforward ======
{{Indexing|Solvency II rollforward|Solvency II rollforward, Eligible Own Fund (EOF), Solvency Capital Requirement (SCR), Solvency II Ratio, Regulatory & model changes, Normalized Capital Generation, Operating variance, Economic variance, Dividend & share buy-backs, Debt, M&A, In-force and Other|2vtd347257|kind=table|order=39}}
 
<div style="overflow-x:auto">
Line 8,580 ⟶ 8,578:
</div>
 
====== Eligible own fund tiering by sector ======
{{Indexing|Eligible own fund tiering by sector|Eligible own fund tiering, Unrestricted Tier 1, Restricted Tier 1, Tier 2, Tier 3, Insurance Sector, Other Financial Sectors|mvr3j6qvh9|kind=table|order=40}}
 
<div style="overflow-x:auto">
Line 8,663 ⟶ 8,661:
</div>
 
====== Solvency II key sensitivities ======
{{Indexing|Solvency II key sensitivities|Solvency II sensitivities, Interest Rate, Corporate Spread, Euro Government Spreads, Credit Migration, Listed Equities, Private and Infrastructure Equity, Inflation swap curve|vxha3w1l2k|kind=table|order=41}}
 
<div style="overflow-x:auto">
Line 8,715 ⟶ 8,713:
== IFRS17 SHE to Group EOF ==
 
====== Reconciliation IFRS 17/9 shareholders' equity to Solvency II eligible own funds ======
{{Indexing|Reconciliation IFRS 17/9 shareholders' equity to Solvency II eligible own funds|Reconciliation IFRS 17/9 shareholders' equity to Solvency II eligible own funds, IFRS SHAREHOLDERS' EQUITY, Contractual Service Margin, Net URCG, Undated Subordinated Debts, Intangibles, IFRS TANGIBLE NET ASSET VALUE, Foreseeable dividends and distribution, Technical provision adjustments, Other adjustments, UNRESTRICTED TIER 1, Restricted Tier 1, Tier 2, Tier 3, GROUP ELIGIBLE OWN FUNDS|vmox6ji65o|kind=table|order=42}}
 
<div style="overflow-x:auto">
Retrieved from "https://www.insurerbrain.com/wiki/AXA/2025/FY/Financial_supplement"