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

* {{t|2|p1abw4-9tbw}} Business Performance

* Guillaume Borie, Global Head of Finance, Strategy, Underwriting, Risk and Technology

* Alban de Mailly Nesle, Group CFO

* {{t|4|p1abw4-vacu}} France

* REVENUES

* {{t|€116|p1abw4-yxjw}}bn

* {{t|UNDERLYING EARNINGS||Underlying earnings}}

* {{t|€8.4|p1abw4-oasi}}bn

* {{t|UEPS|p1abw4-5ldr|Underlying earnings per share}}

* {{t|€3.86|p1abw4-l996}}

* {{t|DIVIDEND|p1abw4-d0x9|Dividend}}{{fn ref|1|2=See glossary for terminologies and footnotes on page 36 & 37 of this document.}}

* {{t|€2.32|p1abw4-1cs9}}

* SOLVENCY II RATIO

* {{t|224%|p1abw4-ts7x}}

 

{{fn note|1=1|2=See glossary for terminologies and footnotes on page 36 & 37 of this document.}}

! style="text-align:right" | COMBINED RATIO

|-

|-

| style="text-align:left" | LIFE

| style="text-align:right" | —

|-

| style="text-align:left" | HEALTH

|}

</div>

'''ARTIFICIAL INTELLIGENCE'''

* AI is a strategic technology, bringing major benefits to businesses

* AI is already concretely improving pricing accuracy, underwriting quality, and claims management

 

|-

| style="text-align:left" | France<br/>(27% of total {{t|GWP|p1abw4-o4wo|Gross written premiums}}{{fn ref|1}})

|-

| style="text-align:left" | Europe<br/>(38% of total {{t|GWP|p1abw4-o4wo|Gross written premiums}}{{fn ref|1}})

|-

| style="text-align:left" | {{t|AXA XL|p1abw4-z73y|AXA XL}}<br/>(17% of total {{t|GWP|p1abw4-o4wo|Gross written premiums}}{{fn ref|1}})

|-

| style="text-align:left" | {{t|Asia, Africa &amp; EME-LATAM||AXA Asia, Africa & EME-LATAM}}<br/>(18% of total {{t|GWP|p1abw4-o4wo|Gross written premiums}}{{fn ref|1}})

|}

</div>

| style="text-align:left" | Investing to improve customer retention &amp; expanding distribution footprint

|-

| style="text-align:left" | Profitable growth with stable margins

| style="text-align:left" | Capitalizing on attractive growth opportunities and continued cycle management

 

'''Health'''

 

'''Protection'''

 

'''G/A Savings'''

 

{{fn note|1=1|2=See glossary for terminologies and footnotes on page 36 & 37 of this document.}}

! style="text-align:left" | In Euro billion

! class="col-s" style="text-align:right" | {{t|FY24|p1abw4-votc|Full year 2024}}

! class="col-s" style="text-align:right" | Change

|-

|-

! style="text-align:left" | In Euro billion

! class="col-s" style="text-align:right" | Change

|-

|-

! style="text-align:left" | In Euro billion

|-

| style="text-align:left" | Protection

</div>

 

* {{t|€+5.4|p1abw4-cocg}}bn vs {{t|€+1.5|p1abw4-sgh7}}bn in {{t|FY24|p1abw4-votc|Full year 2024}}

 

! class="col-s" style="text-align:right" | Change

|-

| style="text-align:right" | {{t|5.5|p1abw4-2ag0}}

| style="text-align:right" | {{t|5.9|p1abw4-jzfe}}

| style="text-align:right" | {{t|+9%|p1abw4-5gmn}}

|-

| style="text-align:right" | {{t|3.3|p1abw4-ij5y}}

| style="text-align:right" | {{t|3.5|p1abw4-q3s6}}

| style="text-align:left" | Impact of the the end of grandfathering period on January 1, {{t|2026|p1abw4-qfy6|Year 2026}}

| style="text-align:right" | <b>-10pts</b> to {{t|215%|p1abw4-ihxj}}

|-

| style="text-align:left" | Impact of Solvency II revision to come into effect in 1Q27

 

'''SOLID AND DIVERSIFIED FRANCHISE{{fn ref|1}}'''

 

<div style="overflow-x:auto">

 

'''KEY FIGURES{{fn ref|2}}'''

* {{t|1|p1abw4-x9vp}} out of {{t|5|p1abw4-r2tj}} households insured by {{t|AXA|p1abw4-o92o|AXA}} in France

* {{t|2.5|p1abw4-dbhe}} contracts per client on average

* {{t|33,000|p1abw4-d1yd}} people working for {{t|AXA|p1abw4-xjjx|AXA}} in France

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

 

'''REVENUES'''

* {{t|€31|p1abw4-ryoe}}bn {{t|+6%|p1abw4-7pby}} vs. {{t|FY24|p1abw4-vwzt|Full year 2024}}

* Health & Protection {{t|+4%|p1abw4-2ino}}

 

'''KEY TAKEAWAYS'''

| style="text-align:right" | <b>16%</b>

|-

| style="text-align:right" | <b>&gt;€21bn</b>

| style="text-align:right" | <b>€14.6bn</b>

 

* Record results, at the top end of the {{t|target range|p1abw4-yg5j|Target range}} while enhancing reserve prudence

* Laying foundations for the next plan and confident in delivering sustainable earnings growth

 

 

'''MSCI'''

 

'''CDP'''

 

'''MORNINGSTAR SUSTAINALYTICS'''

 

'''FTSE RUSSELL An LSEG Business'''

 

{{chunk|doc=p1abw4|c=32|p=33}}

* {{t|1|p1abw4-jul2}}. {{t|FY25|p1abw4-vnif|Full year 2025}} {{t|gross written premiums|p1abw4-nxao|Gross written premiums}} excluding {{t|AXA IM|p1abw4-pjde|AXA Investment Managers}}, Holdings, {{t|AXA|p1abw4-nha5|AXA}} Assistance, and {{t|AXA|p1abw4-pj1x|AXA}} Liabilities Managers.

 

* {{t|2|p1abw4-vjoz}}. Includes {{t|AXA XL|p1abw4-s4u5|AXA XL}} Re premiums of {{t|€2.6|p1abw4-g38y}}bn.

 

 

* {{t|1|p1abw4-unf7}}. Including both short-term and long-term Employee Benefits {{t|GWP|p1abw4-pvfy|Gross written premiums}} and {{t|other revenues|p1abw4-ldgp|Other revenue}}.

* {{t|1|p1abw4-wodi}}. Shareholders’ equity Group share.

 

 

* {{t|1|p1abw4-0te4}}. Sources: France Assureurs & Argus de l’assurance, {{t|2024|p1abw4-ljg4}} data.