Autumn Investor Seminar
Analysts meeting - November 24, 2009
Summary of the presentation
- Autumn Investor Seminar - Part 1 - Introduction
- 1. Cautionary note concerning forward-looking statements
- 2. Introduction
- 3. Confirmed business model
- 4. Reaffirmed financial strength
- 5. Reinforced customer trust
- 6. Conclusion: we remain focused on improving our operational efficiency
- Autumn Investor Seminar - Part 2 - Risk & Capital Management
- 1. We experienced diversification benefits part 1
- 2. We experienced diversification benefits part 2
- 3. Risk management actions were effective
- 4. Table of contents
- 5. The unthinkable can happen: more weight on stress test scenarios
- 6. A high proportion of financial risk
- 7. Table of contents
- 8. We have target limits to monitor our asset allocation
- 9. Illustrative expected return by asset class & internal STEC requirement
- 10. Corporate bonds: relatively attractive assets
- 11. Managing corporate bond risk
- 12. Evolution of Variable Annuities
- 13. Allocation funds
- 14. Action plan on equity volatility
- 15. Table of contents
- 16. New KPIs using Internal Short Term Economic Capital (STEC)
- 17. Developments on the P&C front - A new Combined Ratio
- 18. Developments on the P&C front - Key findings 2008
- 19. Conclusion
- Autumn Investor Seminar - Part 3 - UK Operations
- 1. Cautionary note
- 2. Today's agenda
- 3. The UK market environment remains challenging
- 4. Trading update
- 5. The UK market is large and continues to offer significant opportunities for AXA
- 6. AXA UK's long-term strategic objectives remain intact despite a changing market environment
- 7. AXA UK Strategic Agenda
- 8. Our SBU model has been at the core of our progress achieved since the plan was established
- 9. We have enhanced the senior management team
- 10. The SBU model has driven improvements in brand awareness, customer satisfaction and employee engagement
- 11. AXA UK Strategic Agenda
- 12. Improving capital efficiency has been an area of specific focus over the past two years
- 13. We have taken steps to improve cost efficiency by more than £200m per annum by 2012
- 14. AXA UK Strategic Agenda
- 15. AXA Direct is creating a significant new personal lines insurance distribution capability
- 16. Bluefin is a unique asset that gives AXA exposure to distribution margins
- 17. We have built strong partnerships with leading organisations
- 18. AXA UK Strategic Agenda
- 19. AXA's wrap platform, Elevate, is demonstrating early success
- 20. Architas, AXA's multi-manager, enhances AXA's investment propositions in the UK and Europe
- 21. International markets offer new opportunities for AXA PPP healthcare
- 22. Conclusion
- Autumn Investor Seminar - Part 4 - AXA Equitable
- 1. 2009 Market Evolution
- 2. AXA's 1H09 market position
- 3. Our priorities have not changed
- 4. Product & business diversification
- 5. A retirement breakthrough - The right product for the right times
- 6. Retirement Cornerstone - Meeting clients' retirement needs in an evolving market
- Autumn Investor Seminar - Part 5 - AllianceBernstein
- 1. Performance: Strong Investment Returns
- 2. Net Flows
- 3. Investment Themes: Where Alpha Will Come From
- 4. Creating Operating Leverage in 2009
- Autumn Investor Seminar - Part 6 - European P&C
- 1. A very strong franchise
- 2. Leadership positions in most European markets with leading distribution capabilities and a strong brand
- 3. Highly diversified operations
- 4. Strong track record of profitable growth
- 5. The capacity to maintain profitability through the cycle
- 6. Increasing average premiums by 1 to 5% per business line
- 7. ... While increasing satisfaction, which is the main driver of retention
- 8. Saving €750m by 2012 through claims-related initiatives
- 9. Maintaining strong discipline in pricing, underwriting and reinsurance
- 10. An increasing growth potential
- 11. Expanding on SME clients
- 12. Building a European Direct platform to reach out new customer segments
- 13. Increasing our exposure to new high growth markets
- 14. Wrap-up : a robust strategy ...
- 15. ... and the will to accelerate
- Autumn Investor Seminar - Part 7 - Japanese operations
- 1. Cautionary note
- 2. Key facts on AXA Life Japan
- 3. Our experienced leadership team is committed to deliver shareholder value
- 4. We see a compelling investment story for AXA Life Japan
- 5. We operate in a market with significant potential
- 6. We have identified attractive growth segments in Japan
- 7. The environment is favourable for further business development
- 8. We run a strong AXA franchise in Japan
- 9. We built solid positions in our core market segments
- 10. We built solid positions in our core market segments
- 11. The CCI organization is highly influential in Japan
- 12. We enjoy privileged relationships with customers and distributors
- 13. Our distribution platform is well balanced with proprietary and third party channels
- 14. We have a clear roadmap for profitable growth
- 15. Managing a highly profitable product portfolio focused on protection
- 16. Our medical margins are sustainable
- 17. Implementing focused initiatives driving growth in key market segments
- 18. Leading the change in the Variable Annuity marketplace
- 19. Seizing a unique opportunity in the banks marketplace
- 20. Harvesting productivity gains and re-investing to spur organic growth
- 21. We have the means to achieve our ambition
- 22. How do we address our challenges?
- 23. Ambitious financial objectives supported by a well-developed strategy
- 24. We see a compelling investment story for AXA Life Japan
Questions / Answers
- Download the presentation "Introduction", pdf color format (48 Ko)
- Download the presentation "Risk and Capital Management", pdf color format (294 Ko)
- Download the presentation "UK operations", pdf color format (186 Ko)
- Download the presentation "US operations - AXA Equitable", pdf color format (43 Ko)
- Download the presentation "US operations - AllianceBernstein", pdf color format (49 Ko)
- Download the presentation "European P&C operations", pdf color format (478 Ko)
- Download the presentation "Japanese operations", pdf color format (478 Ko)