The AXA group 2024 SFCR shows the group’s Solvency II ratio is down to 216% from 227% in 2023.
The main driver of the ratio drop is an even split of 3% rise in the SCR and 3% drop in the EOF to meet the SCR since 2023.
The group reported increased of tier 3 subordinated debt, although it is still off by some measure relative to the levels reported in 2016.
Weekly Lunchtime Webinar Series: 2024 SFCRs weekly reporting update
Wednesdays throughout May and June 2025, 12.00 UK / 13.00 CET
A weekly update on the state of the Solvency II and Solvency UK 2024 SFCR reports, including early market analysis from Solvency II Wire Data.
