]> 2026-07-06T18:11:05+08:00 AXA/2024/FY/Financial supplement 0 en-us Financial supplement AXA FY 2024 Financial Supplement (Excel) English AXA doc_archive FY FY24 2025-02-27Z 2460733.5 2024 2026-06-26T16:13:42Z 2461218.1761806 2026-07-05T03:16:14Z 2461226.6362732 false AXA/2024/FY/Financial supplement 0 Exchange rate by currency 1 Exchange rates, USD, JPY, GBP, CHF, HKD table AXA/2024/FY/Financial supplement# 3f8567b03e7929eb92cbdc47a3b2e101 0 Discount rate 5Y by currency 2 Discount rates, EUR, USD, JPY, GBP, CHF, HKD, 5-year table AXA/2024/FY/Financial supplement# 5f319d8f09fd328c994ce2be0a15d9cd 0 Discount rate 10Y by currency 3 Discount rates, EUR, USD, JPY, GBP, CHF, HKD, 10-year table AXA/2024/FY/Financial supplement# 27b3770744a1ef5139dd9577922d43de 0 Group underlying earnings and net income build-up by business unit 4 Underlying earnings, net income, Property & Casualty, Life & Health, Asset Management, Holdings, Bank table AXA/2024/FY/Financial supplement# aab1bdcfcd216b49c9019a2681e631e5 0 Underlying earnings build-up by geography 5 Underlying earnings, France, Europe, AXA XL, Asia, Africa & EME-LATAM, AXA IM, Transversal & Other table AXA/2024/FY/Financial supplement# 66679a499d547f7b3dafefd7dc76f942 0 Underlying earnings build-up by line of business and geography 6 Underlying earnings, line of business, geography, France, Europe, AXA XL, Asia, Africa & EME-LATAM, AXA IM, Transversal & Other table AXA/2024/FY/Financial supplement# 4989b2ecf99b177ddcf5d009c77f6897 0 Basic number of shares rollforward 7 Basic number of shares, outstanding shares, weighted average number of shares, capital increase dedicated to employees, exercise of stock-options, treasury shares, capital increase/decrease table AXA/2024/FY/Financial supplement# c90f74f9568b01dd1dbf0d5f18c06cb0 0 Property & casualty underlying earnings build-up by line of business 8 Property & Casualty underlying earnings, Commercial lines, Personal lines, AXA XL Reinsurance, Intercompany eliminations table AXA/2024/FY/Financial supplement# 688fdf8d395305f79ba7cdb953fde5df 0 Property & casualty profitability analysis by geography 9 Property & Casualty profitability analysis, geography table AXA/2024/FY/Financial supplement# 513d94f50b551a1b9c665825dd9f0593 0 Life & health underlying earnings by line of business build-up 10 Life & Health underlying earnings, Life, Health, Employee Benefits table AXA/2024/FY/Financial supplement# 5c75647daea1fead3a558ebfe3bcfe89 0 Life & health profitability analysis by geography 11 Life & Health profitability analysis, geography table AXA/2024/FY/Financial supplement# 20d8b6f0e675d16f34c0df896da0c382 0 Life profitability analysis by geography 12 Life profitability analysis, geography table AXA/2024/FY/Financial supplement# 39977192871d0865af63302e0593989e 0 Health profitability analysis by geography 13 Health profitability analysis, geography table AXA/2024/FY/Financial supplement# 633f3c48c8aac35a944e5ef4ad265252 0 Opening AUM rollforward by asset type 14 Assets under management, third party, net inflows, scope & other, market effect table AXA/2024/FY/Financial supplement# 57ac8612c9d63738ea9a412175614613 0 Holdings underlying earnings build-up {{footnote|1=Includes Bank with Underlying Earnings Group Share of Euro -21 million as of 1H23, -56 million as of FY23, -24 million as of 1H24 and -55 million as of FY24.}} 15 Holdings underlying earnings, financial result, other revenues, other expenses, debt financing charges, tax, income from affiliates & other, minority interests table AXA/2024/FY/Financial supplement# 57603b5a2fb1367ce03efb8696097893 0 Cash balance rollforward at AXA SA by business unit 16 Cash balance at AXA SA, net cash remittance from subsidiaries, Property & Casualty, Life & Health, Asset Management & Other, dividends, share buy-backs table AXA/2024/FY/Financial supplement# b1b7b4fe7af87d228e52f3e642fab17a 0 Activity indicators by line of business 17 Activity indicators, P&C, Life & Health, Employee Benefits, Life, Health, Asset Management, Bank table AXA/2024/FY/Financial supplement# 083cf2df788e1b1d27d38b9ea247d2bb 0 Activity indicators by geography 18 Activity indicators, France, Europe, AXA XL, Asia, Africa & EME-LATAM, AXA IM, Transversal & Other, Gross Written Premiums & Other Revenues table AXA/2024/FY/Financial supplement# 71a0cb136579e30f0abae92998fc3512 0 Assets build-up 19 Assets, 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 table AXA/2024/FY/Financial supplement# 09ef2c4401f4f1c0a527328d7db3f3dc 0 Liabilities, non-controlling interests & shareholders' equity build-up 20 Liabilities, non-controlling interests, shareholders' equity, financing debt, liabilities arising from insurance contracts and investment contracts with discretionary participation features contracts, Present Value of Future Cash Flows, Contractual Service Margin, Risk Adjustment, Other Investment Contract Liabilities, Liabilities arising from insurance, reinsurance and investment contracts, Liabilities Arising from Non-Insurance Activities table AXA/2024/FY/Financial supplement# be64cfd80b6a14a7349a6cc7f7f8c86b 0 Contractual service margin rollforward by business unit 21 Contractual service margin rollforward, New Business CSM, Underlying Return on inforce, CSM Release, Economic Variance, Operating Variance, P&C, Life, Health table AXA/2024/FY/Financial supplement# 51bb90ab86b775e014125b5f83772cf6 0 Contractual service margin rollforward by business unit {{footnote|1=Including scope changes and FX ** 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.}} 22 Contractual service margin rollforward, New Business CSM, Underlying Return on inforce, CSM Release, Economic Variance, Operating Variance, P&C, Life, Health table AXA/2024/FY/Financial supplement# aba149e5a93d3e1f00f88498b69f3b7a 0 General account invested assets build-up by asset class and rating 23 General account invested assets, fair value, asset allocation, participating, duration gap, fair value by rating, fixed income table AXA/2024/FY/Financial supplement# 98d2c151ef7ec15a791874aa22cc2fee 0 Government bonds breakdown by geographical exposure 24 Government bonds, geographical exposure, Belgium, France, Germany, Italy, Japan, Netherlands, Spain, Switzerland, United States, Other EU countries, Supranational, Rest of the World table AXA/2024/FY/Financial supplement# 33b28427a167fcd0ce309312156e3add 0 Corporate bonds and loans breakdown by industry 25 Corporate bonds, loans, industry breakdown table AXA/2024/FY/Financial supplement# f59f0b63b972242e61a61a42015e378b 0 Corporate bonds and loans exposure to financials {{footnote|1=Includes REITS corporate bonds (Euro 4 billion).}} 26 Corporate bonds, loans, exposure to financials, banks, non-banks, senior unsecured bonds, subordinated bonds table AXA/2024/FY/Financial supplement# e5f6c27efa1953c45f9f1353068b8add 0 Listed equities breakdown by asset domiciliation 27 Listed equities, asset domiciliation, Belgium, France, Germany, Japan, Netherlands, Switzerland, United States, Other EU countries, Rest of the World table AXA/2024/FY/Financial supplement# 935e4bd422ecf6dc15ab49a56c1115f0 0 Listed equities breakdown by industry {{footnote|1=Excluding hedges.}} 28 Listed equities, industry breakdown, basic materials, communications, consumer cyclical, consumer non-cyclical, diversified, energy, financials, funds, industrial, technology, utilities table AXA/2024/FY/Financial supplement# 2e72902918c2918ca0a15196bfdfda16 0 Real estate breakdown by geographical exposure 29 Real estate, geographical exposure, Belgium, France, Germany, Italy, Japan, Spain, Switzerland, United Kingdom, United States, Other EU countries, Rest of the World table AXA/2024/FY/Financial supplement# d78d214c5d6cf6f3262fa5a34b91c8f3 0 Real estate breakdown by type 30 Real estate, type breakdown, office, residential, industrial-logistic, retail table AXA/2024/FY/Financial supplement# 245315a4c75d96393ff691cf43531f83 0 Private equities breakdown by asset domiciliation 31 Private equities, asset domiciliation, Europe, Japan, United States table AXA/2024/FY/Financial supplement# 8a82d488ef618c47b6659f693e772677 0 Mortgage loans breakdown by type {{footnote|1=Loan to Value: 46%.}} 32 Mortgage loans, residential, commercial table AXA/2024/FY/Financial supplement# a065d405733a9af838670de201dedb78 0 Change in Group Share Consolidated Shareholders' Equity rollforward 33 Group Share Consolidated Shareholders' Equity, paid-in capital, treasury shares, other comprehensive income, currency fluctuations, undated subordinated debt, realized gains, dividends, net income table AXA/2024/FY/Financial supplement# 9f8e70fe485e3ed7d6a8cb155eee1c11 0 Group Share Consolidated Shareholders' Equity build-up 34 Group Share Consolidated Shareholders' Equity, paid-in capital, treasury shares, other comprehensive income, translation reserves, undated subordinated debt, retained earnings table AXA/2024/FY/Financial supplement# 7b332eca83a5b9c42c9bd9a2d5e98dc8 0 Book value and shareholders' equity plus CSM per share 35 Book value per share, shareholders' equity per share, CSM per share table AXA/2024/FY/Financial supplement# 3390671d623e2c1708682a91e454dd76 0 Unrealized gains and losses on invested assets net of tax 36 Unrealized gains and losses, invested assets, government bonds, corporate bonds, cash flow hedges, equities, real estate table AXA/2024/FY/Financial supplement# 7533cab431b95dbc34cf902205821e9d 0 Return on equity 37 Net Income ROE, Underlying ROE, Net Income, Underlying Earnings, Average Adjusted Shareholders' Equity table AXA/2024/FY/Financial supplement# e8bbfb0c04a4ad26d45434cc527d4bd2 0 Debt gearing build-up 38 Debt gearing, financing debt, dated subordinated debt, undated deeply subordinated notes, deeply subordinated notes, shareholders' equity, contractual service margin table AXA/2024/FY/Financial supplement# 5fa6a8d61ae418fffb6aae04cb193a9d 0 Solvency II rollforward 39 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 table AXA/2024/FY/Financial supplement# 01b5f97776934dd4f8d763571e9efc7e 0 Eligible own fund tiering by sector 40 Eligible own fund tiering, unrestricted Tier 1, restricted Tier 1, Tier 2, Tier 3, insurance sector, other financial sectors table AXA/2024/FY/Financial supplement# 61e13f397509dfbd31f8c46e1fb9249f 0 Solvency II key sensitivities 41 Solvency II sensitivities, interest rate, corporate spread, Euro sovereign spreads, credit migration, equity market table AXA/2024/FY/Financial supplement# ffd0354b9537d6d55b38abe04ad1d978 0 Reconciliation IFRS 17/9 shareholders' equity to Solvency II eligible own funds 42 IFRS Shareholders' Equity, Contractual Service Margin (CSM), Net URCG, Undated Subordinated Debts, Intangibles, Goodwill, Foreseeable dividends, Technical provision adjustments, Risk Margin, BEL adjustment table AXA/2024/FY/Financial supplement# 2279a30c547ca5e7176f3a879a660ba4