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Axa Canada
Axa S.A. is a French multinational corporation, multinational insurance corporation headquartered in the 8th arrondissement of Paris, 8th arrondissement of Paris. It also provides investment management and other financial services via its subsidiaries. As of 2024, it is the fourth largest financial services company by revenue in France, and the 8th List of largest French companies, largest French company. The Axa Group operates primarily in Western Europe, North America, the Indian Pacific region, and the Middle East, with a presence in Africa as well. It is a component of the Euro Stoxx 50 stock market index. In 2023, the company was ranked 48th in the Forbes Global 2000. Name Despite being written by the company in upper case, "AXA" is not an acronym. It was chosen because its name can be pronounced easily by people who speak any language. After acquiring the Drouot Group in 1982, chairman and CEO Claude Bébéar hired an outside consultant to conduct a computer-aided search ...
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Paris
Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of cities in the European Union by population within city limits, fourth-most populous city in the European Union and the List of cities proper by population density, 30th most densely populated city in the world in 2022. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, culture, Fashion capital, fashion, and gastronomy. Because of its leading role in the French art, arts and Science and technology in France, sciences and its early adoption of extensive street lighting, Paris became known as the City of Light in the 19th century. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an official estimated population of 12,271,794 inhabitants in January 2023, or ...
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Asset Management
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). Theory of asset management primarily deals with the periodic matter of improving, maintaining or in other circumstances assuring the economic and capital value of an asset over time. The term is commonly used in engineering, the business world, and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. The term has traditionally ...
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Middle East
The Middle East (term originally coined in English language) is a geopolitical region encompassing the Arabian Peninsula, the Levant, Turkey, Egypt, Iran, and Iraq. The term came into widespread usage by the United Kingdom and western European nations in the early 20th century as a replacement of the term Near East (both were in contrast to the Far East). The term "Middle East" has led to some confusion over its changing definitions. Since the late 20th century, it has been criticized as being too Eurocentrism, Eurocentric. The region includes the vast majority of the territories included in the closely associated definition of West Asia, but without the South Caucasus. It also includes all of Egypt (not just the Sinai Peninsula, Sinai) and all of Turkey (including East Thrace). Most Middle Eastern countries (13 out of 18) are part of the Arab world. The list of Middle Eastern countries by population, most populous countries in the region are Egypt, Turkey, and Iran, whil ...
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Western Europe
Western Europe is the western region of Europe. The region's extent varies depending on context. The concept of "the West" appeared in Europe in juxtaposition to "the East" and originally applied to the Western half of the ancient Mediterranean world, the Latin West of the Roman Empire, and "Western Christendom". Beginning with the Renaissance and the Age of Discovery, roughly from the 15th century, the concept of ''Europe'' as "the Western world, West" slowly became distinguished from and eventually replaced the dominant use of "Christendom" as the preferred endonym within the area. By the Age of Enlightenment and the Industrial Revolution, the concepts of "Eastern Europe" and "Western Europe" were more regularly used. The distinctiveness of Western Europe became most apparent during the Cold War, when Europe was divided for 40 years by the Iron Curtain into the Western Bloc and Eastern Bloc, each characterised by distinct political and economical systems. Historical divisions ...
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List Of Largest French Companies
This article lists the largest companies in France in terms of their revenue, net profit and total assets, according to the American business magazines '' Fortune'' and ''Forbes''. 2024 ''Fortune'' list This list displays all 24 French companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company. 2019 ''Forbes'' list This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The ''Forbes'' list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry ...
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Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ...
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Investment Management
Investment management (sometimes referred to more generally as financial asset management) is the professional asset management of various Security (finance), securities, including shareholdings, Bond (finance), bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institutions, such as insurance companies, pension funds, corporations, charities, educational establishments, or private investors, either directly via investment contract, contracts/mandates or via collective investment schemes like mutual funds, exchange-traded funds, or REIT, Real estate investment trusts. The term ''investment management'' is often used to refer to the management of investment funds, most often specializing in private equity, private and public equity, real assets, alternative assets, and/or bonds. The more generic term ''asset management'' may refer to management of assets not necessarily primarily held for investment purpos ...
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8th Arrondissement Of Paris
The 8th arrondissement of Paris (''VIIIe arrondissement'') is one of the 20 Arrondissements of Paris, arrondissements of the capital city of France. In spoken French, the arrondissement is colloquially referred to as ''le huitième'' (). The arrondissement, called Élysée, is situated on the Rive Droite, right bank of the Seine, River Seine and centered on the Champs-Élysées, Avenue des Champs-Élysées. The 8th arrondissement is, together with the 1st arrondissement of Paris, 1st, 9th arrondissement of Paris, 9th, 16th arrondissement of Paris, 16th and 17th arrondissement of Paris, 17th arrondissements, one of Paris' main business districts. According to the 1999 census, it was the place of employment of more people than any other single arrondissement of the capital. It is also the location of many places of interest, among them the Champs-Élysées, the Arc de Triomphe (partial) and the Place de la Concorde, as well as the Élysée Palace, the official residence and office ...
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Insurance
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ...
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Multinational Corporation
A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad solely to diversify financial risks. Most of the current largest and most influential companies are Public company, publicly traded multinational corporations, including Forbes Global 2000, ''Forbes'' Global 2000 companies. History Colonialism The history of multinational corporations began with the history of colonialism. The first multinational corporations were founded to set up colonial "factories" or port cities. The two main examples were the ...
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Axa XL
Axa XL is an American subsidiary of global insurance and reinsurance company Axa. It is headquartered in Stamford, Connecticut, domiciled in Hamilton, Bermuda, and has more than 100 offices on 6 continents. In 2016, the company wrote $13.890 billion in gross premiums, of which 69% was insurance, 29% was reinsurance, and 2% was other. Of the company's gross insurance premiums, 19% was for professional liability insurance, 32% was for casualty insurance, 25% was to the energy sector, and 24% was for specialty insurance such as pollution insurance, aviation and satellite, marine, product recall, political risks, equine, and fine art insurance. History EXEL Limited was formed in 1986 in the Cayman Islands by 68 Fortune 500 companies following the financial crisis of the early 1980s. Also in 1986, XL Insurance (Bermuda) Ltd. was incorporated in Barbados. In 1990 both EXEL Limited and Mid Ocean Limited changed domicile to Bermuda. In 1998, EXEL Limited merged with Mid Ocean Limited, ...
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Axa Investment Managers
Axa Investment Managers (Axa IM) is a global investment management firm. It operates as the investment arm for Axa, a global insurance and reinsurance company. History In 1994, Axa created an investment management subsidiary under the name, Axa Asset Management. It operated separately from the insurance business lines and was headed by Jean-Pierre Hellebuyck. In 1997, Henri de Castries launched AXA Investment Managers (Axa IM) which Axa Asset Management became a part of. Donald Brydon was selected to be its chief executive officer. In 1996, Dominique Senequier joined Axa and founded the Axa Private equity platform. It operated under Axa IM until 2013 where it was spun off as a separate firm and renamed Ardian. During 1999, Axa IM paid US$125 million for a controlling stake in the Rosenberg Group, an active quantitative global equity manager based in California. It was renamed to "Rosenberg Equities" which now operates as the quantitative investment platform under ...
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