Top 10 Insurance Companies in the World 2015

Posted in Top Brand Lists, Total Reads: 18383


AXA Group came into existence in 1985 and has its headquarters in Paris, France.

AXA S.A. is French global investment, insurance and retirement group. It provide health, life and other types of insurance, primarily operating in North America, Asia Pacific Western Europe, and Middle East. It serves over 80 million customers worldwide. The group ranks 29 in the Global 2000 Forbes list of 2015.It employees around 96000 people. The CEO of the company is Henri de Castries

The company provide services through its 5 segments: Life & Savings, International Insurance, Asset Management Property & Casualty and Banking. The Life & Savings segment offers individual and group savings products for life and health to serve both individual and commercial clients. The Property & Casualty segment offer products including household, property motor insurance for both personal and commercial customers. The International Insurance segment works on risks, assistance and reinsurance. The Asset Management segment provides diversified asset management and related services. The Banking segment provides banking activities, like retail banking, mortgages loans and savings mainly in France, Belgium and Germany.

AXA acquired 50% stake of Tian Ping in 2013, a Chinese P&C Insurer firm with a strong distribution channels in china, making AXA, the largest international insurer operating in China. AXA has also acquired 51% of the insurance operations of Colpatria Seguros in Colombia, making it number two player in the P&C market. It has also signed 10 year agreement with HSBC in 2012 for its P&C business in Singapore, China, India, Hong Kong, and Indonesia.It is a leading brand in Hongkong.

It is ranked 9th on the basis of market capitalization of $64.2 B.