OREANDA-NEWS. AXA announced today that it had completed the acquisition of 100% of Genworth Lifestyle Protection Insurance (“Genworth LPI”), for a total consideration of Euro 465 million. This transaction is a key milestone for AXA to become a European leader in credit and lifestyle protection, a business operated today by AXA Creditor.

AXA Creditor and Genworth LPI operations will represent a key pillar of AXA Partners, which has been launched earlier this year to develop and accelerate global partnership businesses.

ABOUT THE AXA GROUP

The AXA Group is a worldwide leader in insurance and asset management, with 157,000 employees serving 103 million clients in 59 countries. In 2014, IFRS revenues amounted to Euro 92.0 billion and IFRS underlying earnings to Euro 5.1 billion. AXA had Euro 1,277 billion in assets under management as of December 31, 2014. The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISN FR 0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA’s American Depository Share is also quoted on the OTC QX platform under the ticker symbol AXAHY. The AXA Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD. It is a founding member of the UN Environment Programme’s Finance Initiative (UNEP FI) Principles for Sustainable Insurance and a signatory of the UN Principles for Responsible Investment.