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WIKI ANALYSIS
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Paris, France-based AXA Group (AXA) is the world's second largest insurance company. The company classifies its operations into five segments: Life and Savings, Property and Casualty, International Insurance, Asset Management, and Other Financial Services. Life and Savings, which accounts for nearly 49% of its in 2006 operating profit, provides a vast range of life insurance, annuity (mainly variable), critical illness, and permanent health protection products. AXA Group writes a substantial portion of this segment s business in the U.S. and France. The P&C segment (31% of 2006 operating profit) offers almost all types of P&C products, including automobile, homeowners, property, and general liability to individuals and commercial customers, mainly in France. The company derived 16% of its operating profit from the Asset Management and the rest (4%) from international insurance and other financial services. AXA Group ordinary shares are listed on the Paris Stock Exchange.
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