Gross written premiums and other revenues for AXA insurance 2022-2023, by region
Established in France, the AXA Group is now one of the world's largest insurance companies. In 2021, the group saw the highest share of gross written premiums coming from Europe at 32.4 billion euros. In terms of business lines, the company deals in property & casualty, protection, health, and life and savings insurance as well as asset management. Currently, AXA has approximately 94 million clients.
Total assets
Although between 2018 and 2023, AXA’s total assets decreased overall, the company held third place in the ranking after the Germany headquartered Allianz SE. With total assets as the key indicator of a company’s size, AXA is undisputedly a key player on the insurance market.
Return on assets
Return on assets (ROA) looks at how well a company's management is generating earnings from its assets and is used as a key measure of a company’s profitability. Viewed as a percentage, the return on assets is calculated by dividing net income by total assets. In 2018, AXA had a ROA ratio of 0.26 percent, which was relatively low compared to insurers such as the Swiss Chubb Limited and Zurich Insurance Group AG Ltd.
