Axa Sa · EURONEXT:CS
Axa Sa — Investor Presentation (2008)
18 slides from Axa Sa's investor presentation, 2008
Slide 1: Presentation of the AXA Group
Presentation of the AXA Group
Slide 2: Table of contents
Table of contents 1 : AXA Group profile 2 : AXA’s strategy, challenges and achievements 3 : AXA 2012 Ambition 2
Slide 3: AXA Group key figures
AXA Group key figures Clients over 50 million served People (staff + proprietary distribution channels) 120,000 Assets under Management 2007 Revenues € 1,315 bn As of December 31, 2006 €94bn 2006 Adjusted Earnings (up 20%) €5.1 billion (up 20% from 2005) 3
Slide 4: Our mission is Financial Protection
Our mission is Financial Protection ic e, Close to Customer rv vice Estate S e Needs with m er al Ad Planning Qualified Solutions t o c i C us inan Retirement of F d Annuities v els t an r Le men e rio age Asset Asset p n Su Ma Accumulation Management k Ris Savings Consumer Credit Sourced Life Prote
Slide 5: 20 years of growth to build a global Group
89 20 years of growth to build a global Group Nippon Dantai + Sandford Bernstein + Winterthur Acquisitions 93 100 Revenues (in Euro, bn) Guardian Royal 89 at constant exchange rates Exchange MONY 90 UAP 75 80 72 72 71,9 70 National Mutual 60 57 50 40 Providence Equitable 30 Mutuelles Midi 23,6 Unies
Slide 6: AXA has a global reach in Financial Protection
United States Life: # 3(variable annuities) AXA has a global reach in Financial Protection Life: #8 (estimated 2006 rankings, excluding 2007 acquitions) Based on Gross Written Belgium Luxembourg Premiums, unless otherwise Life: #5 Life: #4 stated UK P&C: #1 P&C: #3 Life: #7 Czech Republic P&C: #4 Li
Slide 7: AXA has a unique world-wide distribution and client platform
AXA has a unique world-wide distribution and client platform (AXA with Winterthur, except Hong Kong & Japan) Switzerland Proprietary channels : 1,500 France 1.6 million clients Proprietary channels : 6,700 United Kingdom United-States 10.4 million clients Proprietary channels : 500 Proprietary chann
Slide 8: Table of contents
Table of contents 1 : AXA Group profile 2 : AXA’s strategy, challenges and achievements 3 : AXA 2012 Ambition 8
Slide 9: Our priorities are clear
Our priorities are clear Strive For Operational Excellence To Stand On The Podium Locally Primarily In Product Distribution Quality of Technical Productivity Innovation Management Service Excellence Human Resources Marketing 9
Slide 10: Our business model: strong and efficient local entities fueling external growth
Our business model : strong and efficient local entities fueling external growth Organic Growth • Through operational excellence External Growth • Revenue Growth + Margins • Only in Financial Protection • Productivity • In developed or high potential markets • Customer satisfaction and retention • E
Slide 11: This has resulted in true diversification, a key part of our strategy
This has resulted in true diversification, a key part of our strategy: a platform for steady growth FY07 IFRS revenues by operating segment(1) International Asset Mgt & Other Insurance Financial Services 3% 6% P&C FY07 IFRS insurance revenues by geography(1) 27% Life & Savings 65% France 23% Interna
Slide 12: The platform that we have built is the cornerstone for sustainable and profitable growth
The platform that we have built is the cornerstone for sustainable and profitable growth Diversification Scale Group leverage No over-reliance on one activity / region Capacity to absorb shocks Benefit from group mutualization of resources (AXA Cessions, AXA Tech, Global Procurement, best prac
Slide 13: Continued Strong Improvement of Profitability
Continued Strong Improvement of Profitability €4,010M €5,140M €1,196M €2,292M 2000 2006 2000 2006 UNDERLYING EARNINGS X 3.4 ADJUSTED EARNINGS X 2.2 €1,501M 114.4% €1.06 €579M 96.9% €0.49 2000 2006 2000 2006 2000* 2007* NBV X 2.6 P&C CR - 17.5pts DIVIDEND X 2.2 * Paid in 2007 earnings announcement on
Slide 14: Table of contents
Table of contents 1 : AXA Group profile 2 : AXA’s strategy, challenges and achievements 3 : AXA 2012 Ambition 14
Slide 15: We have a long term aspiration for AXA: Ambition 2012
We have a long term aspiration for AXA : “ Ambition 2012 ” To Become the Preferred Company in our Industry 15
Slide 16: What do we mean by becoming the preferred company?
What do we mean by becoming the preferred company ? For our Clients ¾ Quality of the Relationship ¾ Quality of the Advice r al ¾ Solution Di ultu ¾ Delivery Cl ffer Str g C e ie en on o n a ng nt ti g r s ’ at St Ch M ion in ds in et For our Employees and Sales Forces For our Shareholders ¾ Motivati
Slide 17: PEOPLE: A Key Driver, An Absolute Priority
PEOPLE A Key Driver, An Absolute Priority HUMAN RESOURCES A driver Key success factor Critical to make everything happen Address every employees Our single most important priority 17
Slide 18: AXA Group organization chart
AXA Group organization chart Supervisory Board Claude BEBEAR, Chairman Management Board Define the Henri de CASTRIES*, Chairman, Claude BRUNET*, Alfred BOUCKAERT* Group’s vision Christopher (Kip) CONDRON*, Denis DUVERNE*, François PIERSON* and determine its strategic guidelines 7 Business Units Fran