1Q19 Activity indicators: Strong and disciplined growth
“Our transformation journey continued in the first quarter, with the successful placement of another tranche of EQH shares in March, leading to the deconsolidation of EQH. Our business profile is becoming increasingly simpler, clearer and more focused. Our balance sheet remains strong with a Solvency II ratio at 190%, well within our guidance. Our AA- rating now has a stable outlook across all rating agencies. We have made significant progress towards our ambitions again this quarter. I am grateful to all our colleagues and partners for their strong support and passion, and would like to thank our clients for their continued trust”, said Gérald Harlin, Deputy CEO and Group CFO of AXA.