The AXA Group is a worldwide leader in insurance and asset management, with 160,000 employees serving 105 million clients in 62 countries. In China, AXA is present through AXA Tianping, its P&C joint venture which is set to become the largest fully foreign owned P&C company in China in 2019, pending regulatory approval. It covers Life and Savings’ needs through ICBC-AXA, a joint venture company, and Asset Management through AXA IM’s joint venture with SPDB. AXA Assistance and the AXA Lab, AXA’s innovation watch arm, complete the picture.
We protect properties. The property-casualty business includes the insurance of personal property (cars, homes) and liability (personal or professional). It covers a broad range of products and services designed for our individual and business clients. We protect people. Our individual and group life insurance policies encompass both savings and retirement products, on the one hand, and other health and personal protection products. We protect assets. The asset management business involves investing and managing assets for the Group’s insurance companies and their clients, as well as for third parties, both retail and institutional clients.
A member of AXA Group, AXA Tianping (registered in China as AXA Tianping Property & Casualty Insurance Co., Ltd.) is one of China's largest and most diversified global insurers, providing a comprehensive range of high-quality, personalized products and services to meet the evolving needs of customers across Health, Commercial Lines and Property & Casualty. The company currently serves over five million individual and commercial customers nationwide and boasts a footprint of 25 branches in 20 provinces across China. Transitioning to a focus on Health, AXA Tianping is today leveraging a customer-centric 'Payer-to-Partner' strategy in China, along with innovative technology and distribution, to empower clients in every aspect of their daily lives. In 2019, China Banking and Insurance Information Technology Management (CBIT) recognized its award-winning services with an "AA" rating, the highest in the country. In 2020, the company was recognized with an 'International General Insurer of the Year' award from Insurance Asia and was also recognized in 2020 with an "A- rating" from S&P Global Ratings, reflecting the company’s strong global influence and firm commitment to the local market. AXA Tianping first became a member of the AXA Group as a Joint Venture company in 2014, before becoming fully-owned in 2019. Headquartered in Paris, France, AXA Group itself is today one of the world's leading insurance and asset management groups. In 2021, it was ranked 46th on the Fortune Global 500 List of the world's largest companies. It has been operating in China for over 20 years offering the full range of insurance and protection solutions to its local and global clients.
