AXA's 2014 net result up by 12% at 6.1 billion USD

AXA is well on track to achieve the objectives of its 2011-2015 strategic plan according to the statements of its managers.

Despite the costly natural catastrophes and the depreciation of assets in Russia, the French group thus, reported an increasing net result of 12% at 6.1 billion USD.

The total turnover of the insurer increased by one point compared to 2013 amounting to 111.8 billion USD.

In detail, non life insurance turnover gains 1 point. In emerging markets, the new insurer’s battlefield, the new business increased by 14% against 6%.

The results of the new markets are nevertheless mitigated with a 2% growth of turnover and of very heterogeneous situations (poor performance in Turkey and Mexico, but respective increases of 7 and 14% in Asia and Colombia).

The dynamism and the new group's resources will be used to accelerate its transformation, according to its chairman and CEO Henri de Castries. The group will invest 547 million USD particularly in the digital sector in 2015, thus bringing its total effort in the field since 2013 to 1.15 billion USD.

NB: growth rates are calculated in local currency
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