Moody's comments on new look Axa
Moody's has affirmed with a stable outlook Axa's debt ratings (senior at A2), as well as the Aa3 insurance financial strength ratings of Axa's main operating subsidiaries, saying that the group's refocusing and rationalization efforts deployed in recent years have contributed to leveraging Axa's global insurance franchise, translating into enhanced earnings stability and financial strength.
The rating agency said that its stable rating outlook on the insurance financial strength ratings of the group's core operating units (Axa France, Axa Financial in the US, Axa UK, Axa Germany and AxaOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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