AXA reported a rise in net profit for last year as it benefited from the first year of its strategic plan and said it will launch a share buyback program for up to 1.2 billion euros, equivalent to $1.26 billion.
The French insurer on Thursday reported gross written premiums–which reflect the commercial activity of its insurance operations–and other revenue of 110.32 billion euros for the year ended Dec. 31, compared with 102.73 billion euros for the previous year.
