Streetbeat News

AXAHY

Axa

https://www.axa.com

CEO

Thomas Buberl

Industry

Direct Life Insurance Carriers

Open

34.50

Mkt cap

77B

Volume

3.5K

High

35.40

P/E Ratio

10.57

52-wk high

40.80

Low

34.50

Div yield

0.06

52-wk low

31.04

Hurricane Helene caused significant devastation in the southeastern US, affecting power and insurance sectors. Duke Energy faced major outages, while insurers like AIG and Allstate are assessing potential losses. REITs reported minimal damage.

Portfolio Pulse from Hayden Buckfire

October 01, 2024 | 6:21 pm

AXA SA is reportedly planning to sell or list its property reinsurance business, XL Re unit, on the stock market to reduce risks related to natural disasters. The company's Property & Casualty Reinsurance revenues declined to $3.2 billion in 2022 from $4.6 billion in 2021. The move comes as AXA aims to reduce exposure of the business to increase profitability.

Portfolio Pulse from Lekha Gupta

July 12, 2023 | 1:21 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.