AXA hits ‘milestone’ in super green skyscraper project Business The property received planning permission last year but this appointment has been hailed as a ''significant milestone'' in the road map of a one-of-a-kind project.
From cow herder to corporate chief – meet the man who leads Axa’s City division INTERVIEW Axa’s UK chief executive Claudio Gienal is willing to admit he’s a tough boss. Speaking to City A.M., the Swiss exec, who took up his position as the head of Axa’s UK & Ireland business in 2017, is very clear that he doesn’t like “excuses”. He’s also clear that the people around him have to [...]
New AXA – Global Healthcare report highlights alarming decline in mental health of global workforce Sponsored In the wake of the Great Resignation, the global workforce faces a new challenge: the Great Escape. According to a new report by AXA – Global Healthcare, four in five (81%) non-native employees are contemplating at least one exit strategy from their current roles due to mental health struggles. This alarming statistic underscores a significant [...]
Generali snaps up Axa’s Malaysian operations in deal worth £130m August 30, 2022 Generali has acquired Axa’s Malaysian operations in line with plans to strengthen its position in the “high potential” Asian economy. The acquisition will see Generali buy Axa’s stakes in its two Malaysian joint venture operations – Axa Affin General Insurance and Axa Affin Life Insurance – for a combined sum of €150m (£131m). Alongside the [...]
Axa reports over £50bn in revenue amid talks to sell asset management unit for whopping fee August 2, 2024 French insurer Axa reported £50.8bn in revenue as firm enters talks with BNP Paribas to sell asset management unit for £4.3bn.
Insurance firm AXA tells UK to hurry up on rules for self-driving cars May 22, 2023 Insurers have called on the UK government to get a move on with legislation for self-driving cars or risk creating a “messy” middle ground for insurance firms where liability isn’t clear. AXA’s CEO Claudio Gienal has written to Chancellor Jeremy Hunt calling for clear legislation to be implemented as soon as possible to make sure [...]
Axa rejects claim FCA’s Consumer Duty could hurt City’s finance sector March 22, 2023 The head of Axa’s UK & Ireland division has pushed back against claims the Financial Conduct Authority’s new Consumer Duty could hinder the City’s competitiveness. Claudio Gienal, chief executive of AXA UK and Ireland, told City A.M. he “supports” the FCA’s new customer-focused mandate. Gienal also said he doesn’t “see an issue with competitiveness” around [...]
M&G names former Axa boss Andrea Rossi as CEO September 29, 2022 M&G has appointed Andrea Rossi as its next chief executive and executive director, joining from Boston Consulting Group.
Could fixing workplace stress save the UK £28bn a year? Axa warns burnout is burning a hole the economy March 29, 2023 People taking sick days because of work-related stress or burnout is costing the UK economy £28 billion a year, according to new research which highlights the financial toll of poor mental wellbeing. More people said they were struggling in the UK than in any other nation, the survey of 30,000 adults across 16 European, Asian [...]
Insurance giant Axa calls for clarity on self-driving cars June 16, 2022 French insurer Axa has called on the government to offer greater clarity around autonomous vehicles to support the rollout of self-driving cars. The French insurance firm called on the government to put in place laws that enable the deployment of self-driving vehicles, as it said lawmakers should work with the insurance sector to “pave the [...]