Rank: 14 (Previous rank: 9)
CEO: Henri de Castries
Address: 25 Ave. Matignon
The French insurance company wants to focus on growth outside of the European market. The company plans to increase earnings in emerging markets by 250% by 2015. Specifically, AXA wants to grow its presence in Asia, Latin America and the Mediterranean region.
The strategy is costing AXA in the short term -- net income decreased by 26% to roughly $4 billion, largely due to the sale of its UK Life operations. Aside from that sale, however, net income at AXA increased by about $6.3 billion in 2010. --S.D.
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|Company||2010 Number of Employees|
|China National Petroleum||1,674,541|