AXA's Solvency Miss Might Get Some Attention -- Market Talk

Dow Jones
May 07

0752 GMT - AXA's lower-than-expected solvency ratio due to market effects might be a source of slight disappointment and somewhat overshadow the French insurer's better first-quarter operating performance, Citi says in a research note. Solvency at 213% was four percentage points below consensus. However, the quarterly indicators confirm positive revenue trends with a premium beat led by its health division on positive pricing. "There is little here to change the investment thesis of steadily compounding growth, efficiency delivery and improved cash generation," analyst James A Shuck writes. Shares, which are up 19% in the year to date, slip 0.2% to 40.84 euros. (elena.vardon@wsj.com)

 

(END) Dow Jones Newswires

May 07, 2025 03:52 ET (07:52 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10