9 of 500
9. AXA
Financials: Latest Results
Rank: 9 (Previous rank: 73)
CEO: Henri de Castries
Employees: 103,432
Address: 25 Ave. Matignon
Paris  75008
Country: France
Website: www.axa.com
French insurance giant AXA is shrugging off lower margins and slower growth in the U.K., where it has a customer base of 10 million, in favor of expanded business in the East. A $4.1 billion sale of its British life and savings units to buyout fund Resolution could provide cash for growth as it expands its life insurance and wealth-management businesses.

With AXAs Asia Pacific revenues shooting up 50% from a year ago, the company hopes to triple its earnings from emerging economies such as Thailand, Indonesia, and Malaysia by 2015.

-- M.J.P.

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  $ millions % change from 2008
Revenues 175,257.4 118.4
Profits 5,012.2 271.0
Assets 1,016,270.8 --
Stockholders' equity 66,334.0 --
Profits as % of  
Revenues 2.9
Assets 0.5
From the July 26, 2010 issue
Figures prepared in accordance with International Accounting Standards.
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Rank # of Global 500 Companies
U.S. 139
Japan 71
China 46
Company 2009 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,649,992
State Grid 1,533,800
Company 2009 Profits
($ millions)
Gazprom $24,556
Exxon Mobil $19,280
Industrial & Commercial Bank of China $18,832
FAQ and methodology
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