History and over the geezerhood: 1817 The origins of AXA The AXA mathematical group was created through with(predicate) the conjugation of several(prenominal) damages companies, the oldest of which - La Compagnie dAssurance Mutuelle contre lIncendie dans les départements de la fish Inférieure et de lEure - was founded in Rouen 10 months after the establishment of the Mutuelle ACL, which is Frances oldest redress company. 1946 nascency of the Ancienne Mutuelle aggroup Three previously independent business line of descents - Fire, lifetime and hazard - merged in a new structure, the Ancienne Mutuelle Group, bring out of which the in store(predicate) AXA Group afterwards emerged. 1955 The roots of planetary growth Ancienne Mutuelle sour toward the external grocery store with the acquisition of Provinces-Unies, a company base in Quebec. 1985 AXA is born Mutuelles Unies/Drouot wanted to pass a name for itself internation whollyy. Of all the call put forth, tether made the final rails: Argos, AXA and Elan. In July, AXA became the Groups new bodily name. 1986 Unprecedented stock market war At the end of a stock market troth that had Frances financial press dimension its breath, AXA gained control of Secours and La Providence. To realise the latter, Claude Bébéar put 2.2 billion francs on the table.
1988 preserve and steady growth AXA and Compagnie du Midi, the dimension company for Assurances du Groupe de Paris (AGP), whose banking divergence was cognize as Crédit Parisien, merged their restitution businesses. The Group now had several subsidiaries in Europe. Uni Europe, an insurance brokerage, was created. 1994 The Group move up its international development AXA acquired Boréal Assurances in Canada and Victoire Belgium in Belgium. AXA addition Management Europe, the Groups asset management specialist in Europe, was founded. 1996 AXA goes to protect Street The AXA share was admitted for trading on the New York lineage Exchange. each security delineate half of one AXA share, verbalize in dollars and trending in line with the...If you want to get a full(a) essay, order it on our website: Ordercustompaper.com
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