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Axa to Focus on Organic Growth, CEO Buberl Says

Key Points

Axa Chief Executive Officer Thomas Buberl says the insurer will prioritize efficiency and shareholder returns over acquisitions after raising its profitability and growth targets for the next three years. “We will deploy and employ the policy as we've always done," Buberl tells Bloomberg Television. "We look at what is interesting when we talk about bolt-ons, but the focus is really organic growth."

Axa Chief Executive Officer Thomas Buberl says the insurer will prioritize efficiency and shareholder returns over acquisitions after raising its profitability and growth targets for the next three years. “We will deploy and employ the policy as we've always done," Buberl tells Bloomberg Television. "We look at what is interesting when we talk about bolt-ons, but the focus is really organic growth." (Source: Bloomberg)
Axa (ORG) Focus on Organic Growth (ORG) Buberl (ORG) Thomas Buberl (PERSON) Bloomberg Television (ORG)
Originally published by Bloomberg Markets Read original →