AXA Unveils 2027-2029 Strategy and Financial Targets

On September 15, 2026, AXA outlined its strategic plan "Growing Forward" for 2027-2029 aiming to bolster market share and sustain earnings. The plan hinges on leveraging industry strengths such as AI to foster growth and competitiveness. Key financial targets include underlying earnings per share CAGR of 7-9% and return on equity between 15-17%.

The strategy focuses on growth through customer engagement, technical excellence in pricing and claims, and enhanced efficiency via automation. AI plays a pivotal role, with expectations of €500-700 million in annual pre-tax benefits by 2029. Moreover, AXA intends to achieve circa €25 billion in cumulative organic cash flow.

For 2026, AXA anticipates reaching the upper end of its earnings targets, setting a solid foundation for the ambitious objectives laid out in its new strategic roadmap.