AXA unveils Asia commitment

Financial services provider plans to double its enterprise value by 2008.

Axa Asia-Pacific Holdings has outlined its future commitment to the region by announcing that it plans to expand its business in Asia, and by 2008, double it enterprise value to A$8 billion $6.13 billion.

At its annual strategy briefing to analysts, the Melbourne-based financial services provider listed six targets that it aims to achieve by 2008 as well as the challenges that may impede those projections..

Known as its Asia 6 strategy, the first point of the projection sends the message that it plans to more than double the value of new business to $230 million, which it claims will ensure a focus on pricing, product...

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