AXA legal structure

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AMH
   AMH -->|99.97%| AS

   AS -->|80%| SALUD["AXA Salud S.A. de C.V. (Mexico)"]
   AS -->|40%| KERALTY["Keralty Mexico S.A. de C.V. (Mexico)"]
   AS -->|98%| AREHCSA["AREHCSA (In liquidation) (Mexico)"]
   AS -->|33.33%| FUNDACION["Fundacion AXA A.C. (Mexico)"]
   AS -->|50%| INMOB["Inmobiliaria Comercial de Occidente S.A. de C.V. (Mexico)"]
   AS -->|50%| REACCIONA["Reacciona por la Vida A.C. (Mexico)"]

   SALUD Wikilah admin (talk) KERALTY
   KERALTY Wikilah admin (talk) AREHCSA
   AREHCSA Wikilah admin (talk) FUNDACION
   FUNDACION Wikilah admin (talk) INMOB
   INMOB Wikilah admin (talk) REACCIONA

AXA Mexico Ownership Structure

Last updated: December 31, 2024

AXA Group operates in Mexico through AXA Seguros S.A. de C.V., a composite insurance company offering property and casualty, life, and health insurance. AXA Seguros is held by AXA Mediterranean Holding S.A.U., a Spanish holding company wholly owned by AXA Group. AXA Seguros holds stakes in seven subsidiaries and participations in Mexico, covering health services (AXA Salud, Keralty Mexico), corporate services (AREHCSA), real estate (Inmobiliaria Comercial de Occidente), corporate social responsibility (Fundacion AXA), and road safety advocacy (Reacciona por la Vida). The principal minority co-shareholders outside the AXA Group are Controladora Salud Mexico S.A. de C.V. (in AXA Salud and Keralty Mexico) and Victimas de la Violencia Vial A.C. (in Reacciona por la Vida).

Entity	Domiciliation	Type	Shareholders	Notes
AXA Mediterranean Holding S.A.U.	Spain	Holding	AXA Group (100%)
AXA Seguros S.A. de C.V. (AS)	Mexico	Insurance (P&C, Life, Health)	AXA Mediterranean Holding S.A.U. (99.97%) AXA Seguros Generales S.A. de Seguros y Reaseguros (0.03%)
AXA Salud S.A. de C.V.	Mexico	Health services	AXA Seguros S.A. de C.V. (80%) Controladora Salud Mexico S.A. de C.V. (20%)	Controladora Salud Mexico is not part of AXA Group
Keralty Mexico S.A. de C.V.	Mexico	Healthcare services	AXA Seguros S.A. de C.V. (40%) Controladora Salud Mexico S.A. de C.V. (60%)	Controladora Salud Mexico is not part of AXA Group. Joint venture operating integrated primary care clinics across Mexico.
AREHCSA (Administradora de Recursos Humanos y Corporativos S.A. de C.V.)	Mexico	Corporate services	AXA Seguros S.A. de C.V. (98%) CASCA (2%)	In liquidation
Fundacion AXA A.C.	Mexico	Foundation (CSR)	AXA Seguros S.A. de C.V. (33.33%) AXA Assistance Mexico S.A. de C.V. (33.33%) AXA IM Mexico Asesores en Inversiones Independientes S.A. de C.V. (33.33%)	Humanitarian assistance, disaster resilience, health programs, road safety, climate initiatives
Inmobiliaria Comercial de Occidente S.A. de C.V.	Mexico	Real estate	AXA Seguros S.A. de C.V. (50%) Two Mexican individuals (50%)
Reacciona por la Vida A.C.	Mexico	NGO (Road safety)	AXA Seguros S.A. de C.V. (50%) Victimas de la Violencia Vial A.C. (50%)	Victimas de la Violencia Vial is not part of AXA Group. Founded in 2013 to promote road safety in Mexico.

All entities are located in Mexico unless otherwise stated.