AXA's CEO Says on Track With Our 2020 Ambition

The transcript discusses a company's strong performance in the first half of the year, highlighting 5% earnings growth across all segments. The CEO outlines ambitious targets, particularly in Asia, and plans to list a minority stake in the US business to capitalize on local growth and redeploy capital. Investment priorities focus on health and commercial P&C sectors. The CEO also comments on the positive impact of political changes in France, emphasizing the need for deficit reduction and labor market reform.

What was the growth percentage in underlying earnings per share for the company in the first half of the year?

• 7%

• 10%

• 5%

• 3%

Which region is identified as a key growth area for the company?

• South America

• Asia

• North America

• Europe

What is the company's strategy regarding its US business?

• Focus solely on asset management

• Acquire more US companies

• List a minority stake to leverage local growth

• Exit the US market entirely

What are the two main lines of business the company is focusing on?

• Life insurance and asset management

• Health and commercial P&C

• Real estate and hospitality

• Retail and consumer goods

What is the company's approach to growth in its targeted business lines?

• Large acquisitions

• Opportunistic approaches

• Mergers with competitors

• Franchising

What political changes in France are seen as necessary for improving competitiveness?

• Increasing taxes

• Reducing the deficit and labor market reform

• Expanding social welfare

• Nationalizing industries

What is the company's stance on acquiring non-core assets like hotels?

• Open to opportunities

• Actively seeking such acquisitions

• Not interested

• Only interested in luxury hotels