AXA

Description:

AXAHY

Europe’s second-largest insurer, AXA, has looked to two different continents for growth recently. After expanding in China, AXA is doing the same in Latin America, 

where it bought a controlling stake in the insurance arm of Colombia’s Colpatria last fall. So far, its efforts are paying off. AXA’s 2013 earnings jumped by 7.3% over 

the previous year while AXA shares are up 16.5% in the past year.

AXA is also well on its way to hitting its strategic target of cutting more than 2 billion in costs by 2015, having already cut 1.6 billion in recent years, 

including roughly 540 million during the 2013 fiscal year.

Key Financials:

Revenues 165,893.507.3%

Profits 5,950.1011.5%

Assets 1,043,191.60

fortune.com