Strong Revenue Growth
Revenue increased by 7%, reaching over EUR 64 billion, with growth across all business lines and regions.
Solid Underlying Earnings
Underlying earnings grew by 6% to EUR 4.5 billion, supported by technical and operational discipline, data and AI initiatives, and distribution network development.
Robust Solvency Ratio
The Solvency II ratio increased by 4 points to 220%, indicating a strong financial position.
Prima Acquisition
AXA acquired a 51% stake in Prima, an Italian insurer, for EUR 500 million, doubling its market share in the Italian motor insurance market.
Positive Performance in P&C Segment
P&C revenues hit EUR 34.1 billion, up by 6%, with growth in both Commercial (5%) and Personal lines (7%).
Life & Health Segment Growth
Life & Health revenues increased by 8% to EUR 29.2 billion, with Life segment up by 9% and Health gross written premiums up by 6%.
Improved Productivity and Technical Margins
P&C combined ratio at 90% with improved technical margins and productivity gains.