Risk Quantum/Axa
Equity hedges bolstered Axa through Covid crisis
Economic hedges contributed €425 million to H1 income
Axa’s solvency ratio continues fall in Q2
French insurer’s core ratio has dropped 18 percentage points year-to-date
Top European insurers bet on private equity
Allianz and Axa had a combined €29 billion at end-2019
Market risks push up top EU insurers’ capital charges
Allianz sees SCR for market risk surge 28% year-on-year
Covid-19 chaos drains Axa’s Solvency II ratio
French insurer’s regulatory capital ratio is at its lowest since the Solvency II regime took effect
Axa market risk charge drops almost €3bn in 2018
Solvency capital requirement falls 9% year-on-year
EU insurers’ solvency ratios weather UFR change
New fixing of ultimate forward rate increases firms’ solvency capital requirements
Axa's solvency ratio soars on US IPO, debt issue
Solvency II SCR ratio up to 233%
Solvency II capital charges concentrated in two key risks
Market risk SCR averages 37% across six large insurers
Axa tackles equity risk
Efforts to reduce equity SCR boost Solvency II ratio by eight basis points