Looking ahead after six decades of China-France friendship 2024-05-07    THOMAS BUBERL

The headquarters building of AXA Group in Paris.

On Jan 27, 2024 we celebrated the 60th anniversary of diplomatic relations between France and the People's Republic of China. This year, AXA, as a global leader in insurance with French roots, also celebrates 25 years of its presence in the Chinese market.

Since the determination of our two countries six decades ago to strengthen their ties and cooperation, the world has significantly evolved. As risk management is at the heart of AXA's concerns and expertise as an insurer, we have been keen to use our experience to benefit economic development and the broad ambitions of China and France in their economic cooperation. We share the common objective to understand the new risks our societies are facing and to reinforce protection against them. I am obviously thinking of climate change.

AXA has been operating in China for more than 25 years and wishes to make use of the tools at its disposal to deploy innovative and high-quality service offerings for the Chinese population and businesses in line with our mission to act for human progress by protecting what matters.

Thus, with a global and mature vision, AXA wishes to represent a unique model of establishment in the Chinese market. Thanks to our long-term commitment strategy and the presence in all the business lines with ICBC-AXA Life, AXA-Tianping P&C, AXA SPDB and AXA XL, supported by our global expertise and resources, we can provide the population with property and casualty, life, health, protection and pension insurance, as well as assets and wealth management, and contribute to the development of the Chinese market.

Insurance is focused on anticipating and mitigating future risks in order to protect populations in the best possible way. In the context of the 60th anniversary of diplomatic relations between France and the People's Republic of China, AXA looks forward to using its global experience and deep expertise to contribute to the next phase of China's economic development.