Axa's solvency ratio soars on US IPO, debt issue

Solvency II SCR ratio up to 233%

Axa strengthened its solvency capital requirement (SCR) ratio by 28 percentage points in the first half of the year after taking its US unit public, issuing debt, improving earnings, and reducing equity risk.

The French insurer posted a SCR ratio of 233% for end-June, up from 221% in the first quarter and 205% at end-2017. 

Axa Equitable, the group’s US arm, started trading on the New York Stock Exchange on May 10, raising $2.75 billion. The equity sale added 10 percentage points to the end

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here