Jump to content

AXA Leben AG

From Insurer Brain
AXA Leben AG
Corporate identity
TypeAktiengesellschaft (AG)
RegulatedYes
License typeLife
CountrySwitzerland
RegulatorSwiss Financial Market Supervisory Authority (FINMA)
Ultimate parentAXA Versicherungen AG
Group statusSubsidiary
Business & markets
Operating statusActive
Lines of businessLife insurance (individual and group life, pension/protection)
Geographic marketsSwitzerland
Key financials (2024)
CurrencyCHF
Net incomeCHF 277.4 million
Gross written premiumCHF 2,017 million
Total assetsCHF 36,778 million
EquityCHF 1,921 million
Solvency ratio251% (SST)

🛡️ AXA Leben AG is a Swiss Aktiengesellschaft (AG) operating as a life insurance company within the AXA Group and regulated by the Swiss Financial Market Supervisory Authority (FINMA) under the Swiss Solvency Test (SST) regime.[1] Wholly owned by AXA Versicherungen AG, the company is ultimately controlled by AXA SA (France). For the 2024 reporting year, AXA Leben AG reported gross premiums of CHF 2.017 billion, net profit of CHF 277.4 million, shareholders' equity of CHF 1.921 billion, and a balance sheet total of CHF 36.778 billion.[2] Its SST coverage ratio stood at 251% at the end of the reporting period, supported by disclosed risk-bearing capital figures and calculated using the FINMA-prescribed standard model.[1] The company serves the Swiss market with individual and group life products as well as pension and protection offerings.

References

  1. ↑ 1.0 1.1 "AXA Leben AG — Financial Condition Report 2024". AXA Leben AG. 2024.
  2. ↑ "AXA Leben AG — Geschäftsbericht 2024". AXA Leben AG. 2024.