Thinking in an “integrated” way means understanding, with input from stakeholders, the broader context within which a company operates, and how, over the long-term, value creation will be derived not only from financial performance but from environmental, societal and social performance as well. As an insurer, such an approach is inherent to our business. We have commitments to customers that can span up to 30 years, so we cannot afford to focus only on the short term.
This has been reflected in the way AXA uses this approach within its business model and has in turn led our transition to integrated reporting as a natural outcome of this approach.
Recent business actions that demonstrate AXA’s integrated thinking approach:
More about the AXA Integrated Report
AXA Group is a worldwide leader in insurance and asset management. In 2016, AXA remained the 1st global insurance brand for the 8th Consecutive year and AXA Group was the world’s largest insurance group with total assets of EUR 893 billion and world’s 9th largest asset manager with total assets under management of EUR 1,429 billion for the year ended December 31, 2016. Group operates primarily in Europe, North America, Asia-Pacific Region and, to a lesser extent, in other regions including Middle East, Latin America and Africa. AXA has four operating business segments: Life & Savings, Property & Casualty, Asset Management and Banking. In addition, various holding companies within the Group conduct certain non-operating activities. In 2016, Group recorded total annual revenue of EUR 100,93 billion.