Revenue Growth
AXA Group's revenue increased by 7% to over EUR 64 billion, driven by growth across all business lines and regions.
Underlying Earnings Increase
Underlying earnings rose by 6% to EUR 4.5 billion, with earnings per share increasing by 8%.
Robust Solvency Ratio
AXA's Solvency II ratio improved to 220%, up by 4 points from 2024.
Acquisition in Italy
AXA acquired 51% of Prima, an Italian insurer, for EUR 500 million, doubling its market share in Italy's motor insurance segment.
P&C Segment Growth
Property & Casualty (P&C) revenues reached EUR 34.1 billion, up by 6%, driven by both Commercial and Personal lines.
Life & Health Segment Growth
Life & Health revenues increased by 8% to EUR 29.2 billion, with Life segment revenues rising 9%.
Successful Asset Management Transition
Despite challenges, AXA IM managed to avoid asset losses during the transition to BNP Paribas.
Strong German Market Performance
AXA reported strong growth across all lines of business in Germany, with improved profitability and customer satisfaction.