P&C serves SMEs and large corporates across motor, property, liability and specialty. Health and protection are structural growth areas. AXA invests in digital distribution and claims automation while concentrating capital on core insurance performance.Divesting AXA IM simplified the balance sheet and clarified priorities around underwriting, pricing and customer experience.
AXA’s operating thesis is focus and cash generation: streamline non‑core activities, grow where the group has edge (commercial and health), and keep capital efficient.For candidates: AXA XL provides exposure to specialty underwriting; the retail side offers product and distribution scale—two very different but complementary classrooms.
AXA is a global multi‑line insurer with a tilt toward protection and health. Specialty capability sits within AXA XL, giving AXA presence across complex commercial risks.In 2025 AXA sharpened focus by selling AXA Investment Managers to BNP Paribas and entering a long‑term partnership for investment services.
