 Get Quote: AXA
Financials: Latest Results
Rank: 25 (Previous rank: 14)
CEO: Henri de Castries Employees: 96,999 Address: 25 Ave. Matignon Paris, 75008 Country: France Website: www.axa.com Europe’s second-largest insurer is betting on Asia to drive growth. At the height of the financial crisis, CEO Henri de Castries was forced to drop the firm’s 2012 earnings goasl. And in 2011, the financial climate proved tough amid Europe’s ongoing debt crisis. The firm posted an 82% drop to $423 million second half of the year, hurt by write-downs on Greek sovereign debt and lower sales in life insurance. De Castries in June set a 2015 target to reach annual operating profits of more than 6 billion euros compared with 3.88 billion euros in 2010. Meanwhile, it has scaled back in Canada and the U.K., as the firm aims for 10% annual growth in operating earnings per share through 2015. -- N.H.T. Subscribe to Fortune Magazine |
|
Interactive: Where the money is
 |
| Company | 2011 Number of Employees |
|---|---|
| Wal-Mart Stores | 2,200,000 |
| China National Petroleum | 1,668,072 |
| State Grid | 1,583,000 |
| Company | 2011 Profits ($ millions) |
|---|---|
| Gazprom | $44,459.6 |
| Exxon Mobil | $41,060 |
| Industrial & Commercial Bank of China | $32,214.1 |
