AXA Life Europe dac
AXA Life Europe dac | |
|---|---|
| Corporate identity | |
| Type | Designated activity company limited by shares (dac) |
| Registration number | 410727 |
| Regulated | Yes |
| License type | Life |
| License number | C40479 |
| Incorporation | 2005 |
| Headquarters | Wolfe Tone House, Wolfe Tone Street, Dublin, D01 HP90, Ireland |
| Country | Ireland |
| Regulator | Central Bank of Ireland |
| Ultimate parent | AXA SA |
| Group status | Subsidiary |
| Business & markets | |
| Operating status | Active (in run-off) |
| Lines of business | Life savings / unit-linked life assurance (in-force portfolio management) |
| Geographic markets | Germany, Spain, Italy, Portugal, France, United Kingdom |
| Key financials (2024) | |
| Currency | EUR |
| Net income | EUR -214 million |
| Gross written premium | EUR 182 million |
| Equity | EUR 609 million (Available Own Funds, Solvency II) |
| Solvency ratio | 273% |
🛡️ AXA Life Europe dac is an Irish designated activity company (company number 410727) headquartered at Wolfe Tone House, Dublin, and authorised by the Central Bank of Ireland as a life insurance undertaking under licence number C40479.[1] A direct subsidiary of AXA SA, the company operates on a cross-border basis within AXA's Life and Savings segment, managing in-force portfolios of unit-linked and savings-related life assurance products across Germany, Spain, Italy, Portugal, France, and the United Kingdom; it is currently closed to new business and in run-off.[2] For the year ended 31 December 2024, the company reported gross written premiums of €182 million, a net loss of €214 million, and a solvency ratio (SCR coverage) of 273%, with eligible own funds to meet the SCR of €566 million.[1] In December 2022, the Central Bank of Ireland imposed a €3.64 million fine and reprimand on the company for failures in corporate governance, risk management, and handling of conflicts of interest.[3] The entity was formerly known as AXA Life Europe Limited.[4]
References
- ↑ 1.0 1.1 "AXA Life Europe dac — Solvency and Financial Condition Report (Year Ended 31 December 2024)" (PDF). AXA Life Europe dac. 2024.
- ↑ "AXA Life Europe dac — SFCR FY2023" (PDF). AXA Life Europe dac. 2023.
- ↑ "Enforcement Action — AXA Life Europe dac Fined €3,640,000". Central Bank of Ireland. 9 December 2022.
- ↑ "LEI Record — AXA Life Europe dac". Bloomberg LEI. Retrieved 12 March 2026.