Insurer Brain

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

Browse history interactively
← Older editNewer edit →
Content deleted Content added
VisualWikitext
Migrate infobox: document_type -> document_category; add specific form as document_type
doc_archive: publish gr2rpazfcv
Line 4:
| period = FY
| period_label = FY25
| document_category = Financial supplement
| document_name = AXA FY 2025 Financial Supplement (Excel)
| publication_date = 2026-02-26
| language = English
| source_url = https://www-axa-com.cdn.prismic.io/www-axa-com/aZ_KkMFoBIGEg14b_AXA_Financial_Supplement_2025_synthesis.xlsx
| archive_file = 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.
}}
Line 16:
 
== Market Data ==
 
====== Exchange rate by currency ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Exchange rate by currency
! style="text-align:left" | —
! class="col-s" style="text-align:right" | 1H24
Line 81 ⟶ 82:
|}
</div>
 
====== Discount rate 5Y by currency ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Discount rate 5Y by currency
! style="text-align:left" | %
! class="col-s" style="text-align:right" | Average 1H24
Line 128 ⟶ 130:
|}
</div>
 
====== Discount rate 10Y by currency ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Discount rate 10Y by currency
! style="text-align:left" | %
! class="col-s" style="text-align:right" | Closing 1H24
Line 177 ⟶ 180:
 
== UE by LOB and Net Income ==
 
====== Group underlying earnings and net income build-up by line of business ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Group underlying earnings and net income build-up by line of business
! style="text-align:left" | EUR million
! colspan="4" style="text-align:center" | Group
Line 829 ⟶ 833:
 
== UE by Geography ==
 
====== Underlying earnings build-up by geography ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Underlying earnings build-up by geography
! style="text-align:left" | EUR million
! colspan="4" style="text-align:center" | Group
Line 1,383 ⟶ 1,388:
|}
</div>
 
====== Underlying earnings by line of business and geography ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Underlying earnings by line of business and geography
! style="text-align:left" | EUR million
! colspan="4" style="text-align:center" | Group
Line 1,579 ⟶ 1,585:
 
== Shares & UEPS ==
 
====== Basic number of shares rollforward ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Basic number of shares rollforward
! style="text-align:left" |
! 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.}}
Line 1,734 ⟶ 1,741:
 
== P&C UE by Sub LOB ==
 
====== Property & casualty underlying earnings build-up by line of business ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Property & casualty underlying earnings build-up by line of business
! style="text-align:left" | EUR million
! colspan="4" style="text-align:center" | Total
Line 2,452 ⟶ 2,460:
 
== P&C UE by Geography ==
 
====== Property & casualty underlying earnings build-up by geography ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Property & casualty underlying earnings by geography
! style="text-align:left" | EUR million
! colspan="4" style="text-align:center" | Total
Line 3,337 ⟶ 3,346:
 
== L&H UE by LOB ==
 
====== Life & health underlying earnings build-up by line of business ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Life & health underlying earnings by line of business
! style="text-align:left" | EUR million
! colspan="4" style="text-align:center" | Total
Line 3,980 ⟶ 3,990:
 
== L&H UE by Geography ==
 
====== Life & health underlying earnings build-up by geography ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Life & health underlying earnings by geography
! style="text-align:left" | EUR million
! colspan="4" style="text-align:center" | Total
Line 4,827 ⟶ 4,838:
 
== Life UE by Geography ==
 
====== Life underlying earnings build-up by geography ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Life underlying earnings by geography
! style="text-align:left" | EUR million
! colspan="4" style="text-align:center" | Total
Line 5,674 ⟶ 5,686:
 
== Health UE by Geography ==
 
====== Health underlying earnings build-up by geography ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Health underlying earnings by geography
! style="text-align:left" | EUR million
! colspan="4" style="text-align:center" | Total
Line 6,521 ⟶ 6,534:
 
== Asset Management ==
 
====== Asset management opening AUM rollforward ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Asset management opening AUM rollforward
! style="text-align:left" | EUR million
! colspan="2" style="text-align:center" | 1H24
Line 6,804 ⟶ 6,818:
 
== Holdings ==
 
====== 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.}} ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Holdings underlying earnings {{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.}}
! style="text-align:left" | EUR million
! class="col-s" style="text-align:right" | 1H24
Line 6,869 ⟶ 6,884:
|}
</div>
 
====== Holdings cash balance rollforward ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Holdings cash balance rollforward
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | 1H24
Line 6,954 ⟶ 6,970:
 
== Activity Indicators ==
 
====== Activity indicators by line of business build-up ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Activity indicators by line of business build-up
! style="text-align:left" | EUR million
! colspan="8" style="text-align:center" | 1H24
Line 7,237 ⟶ 7,254:
|}
</div>
 
====== Activity indicators by geography build-up ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Activity indicators by geography build-up
! style="text-align:left" | EUR million
! colspan="7" style="text-align:center" | 1H24
Line 7,490 ⟶ 7,508:
 
== Balance Sheet ==
 
====== Assets build-up ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Assets build-up
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | FY24
Line 7,567 ⟶ 7,586:
|}
</div>
 
====== Liabilities, non-controlling interests & shareholders' equity build-up ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Liabilities, non-controlling interests & shareholders' equity build-up
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | FY24
Line 7,638 ⟶ 7,658:
 
== CSM rollforward ==
 
====== Contractual service margin rollforward, pre-tax and post-tax ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Contractual service margin rollforward, pre-tax and post-tax
! 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.}}
Line 7,703 ⟶ 7,724:
|}
</div>
 
====== Contractual service margin rollforward, pre-tax and post-tax ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Contractual service margin rollforward, pre-tax and post-tax
! style="text-align:left" | EUR million
! class="col-s" style="text-align:right" | FY24
Line 7,770 ⟶ 7,792:
 
== Invested Assets ==
 
====== General account invested assets breakdown by asset class and rating ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ General account invested assets breakdown by asset class and rating
! style="text-align:left" | EUR billion
! style="text-align:center" | Fair value
Line 7,966 ⟶ 7,989:
 
== Supplementary Info on Asset ==
 
====== Government bonds breakdown by geographical exposure ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Government bonds breakdown by geographical exposure
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | Fair Value
Line 8,001 ⟶ 8,025:
|}
</div>
 
====== Corporate bonds and loans breakdown by industry ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Corporate bonds and loans breakdown by industry
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | Fair Value
Line 8,034 ⟶ 8,059:
|}
</div>
 
====== Corporate bonds and loans exposure to financials by type {{footnote|1=Includes REITS corporate bonds (Euro 3 billion).}} ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Corporate bonds and loans exposure to financials by type {{footnote|1=Includes REITS corporate bonds (Euro 3 billion).}}
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | Total
Line 8,064 ⟶ 8,090:
|}
</div>
 
====== Listed equities breakdown by asset domiciliation ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Listed equities breakdown by asset domiciliation
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | Fair Value
Line 8,093 ⟶ 8,120:
|}
</div>
 
====== Listed equities breakdown by industry {{footnote|1=Including hedges.}} ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Listed equities breakdown by industry {{footnote|1=Including hedges.}}
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | Fair Value
Line 8,128 ⟶ 8,156:
|}
</div>
 
====== Real estate breakdown by geographical exposure ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Real estate breakdown by geographical exposure
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | Fair Value
Line 8,161 ⟶ 8,190:
|}
</div>
 
====== Real estate breakdown by type ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Real estate breakdown by type
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | Fair Value
Line 8,182 ⟶ 8,212:
|}
</div>
 
====== Private equities breakdown by asset domiciliation {{footnote|1=Excluding Non-listed Equity.}} ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Private equities breakdown by asset domiciliation {{footnote|1=Excluding Non-listed Equity.}}
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | Fair Value
Line 8,201 ⟶ 8,232:
|}
</div>
 
====== Mortgage loans breakdown by type ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Mortgage loans breakdown by type {{footnote|1=Loan to Value: 46%.}}
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | Fair Value
! class="col-s" style="text-align:right" | Residential
! class="col-s" style="text-align:right" | Commercial {{footnote|1=Loan to Value: 46%.}}
|-
| style="text-align:left" | Breakdown by Type
Line 8,218 ⟶ 8,250:
 
== Shareholders Equity ==
 
====== Change in group share consolidated shareholders' equity rollforward ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Change in group share consolidated shareholders' equity rollforward
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | FY25
Line 8,268 ⟶ 8,301:
|}
</div>
 
====== Group share consolidated shareholders' equity build-up ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Group share consolidated shareholders' equity build-up
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | FY24
Line 8,317 ⟶ 8,351:
|}
</div>
 
====== Book value per share and shareholders' equity plus CSM per share ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Book value per share and shareholders' equity plus CSM per share
! style="text-align:left" | EUR
! class="col-s" style="text-align:right" | FY24
Line 8,334 ⟶ 8,369:
|}
</div>
 
====== Unrealized gains and losses on invested assets net of tax build-up ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Unrealized gains and losses on invested assets net of tax build-up
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | FY24
Line 8,385 ⟶ 8,421:
 
== RoE & Gearing ==
 
====== Return on equity by type ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Return on equity by type
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | FY24
Line 8,425 ⟶ 8,462:
|}
</div>
 
====== Debt gearing build-up ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Debt gearing build-up
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | FY24
Line 8,488 ⟶ 8,526:
 
== Information on Solvency II ==
 
====== Solvency II rollforward ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Solvency II rollforward
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | FY24
Line 8,537 ⟶ 8,576:
|}
</div>
 
====== Eligible own fund tiering by sector ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Eligible own fund tiering by sector
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | Total
Line 8,619 ⟶ 8,659:
|}
</div>
 
====== Solvency II key sensitivities ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Solvency II key sensitivities
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | FY24
Line 8,670 ⟶ 8,711:
 
== IFRS17 SHE to Group EOF ==
 
====== Reconciliation IFRS 17/9 shareholders' equity to Solvency II eligible own funds ======
 
<div style="overflow-x:auto">
{| class="wikitable fintable"
|+ Reconciliation IFRS 17/9 shareholders' equity to Solvency II eligible own funds
! style="text-align:left" | EUR billion
! class="col-s" style="text-align:right" | FY25
Retrieved from "https://www.insurerbrain.com/wiki/AXA/2025/FY/Financial_supplement"