AXA (ADR) (Public, NYSE:AXA) is the holding company of the AXA Group. It operates through five business segments: Life & Savings, Property & Casualty, International Insurance, Asset Management and Banking.
The Life & Savings segment offers a range of life and savings products, including individual and group savings retirement products, life and health products. The Property & Casualty segment includes a range of products, including mainly motor, household, property and general liability insurance for both personal and commercial customers. The International Insurance segment’s operations include insurance products that specifically relate to AXA Corporate Solutions Assurance. The Asset Management segment includes diversified asset management (including investment fund management) and related services. The Banking Segment includes banking activities conducted primarily in France and Belgium.
Chinese fishing firm fined for tuna fishing illegally New Zealand
Chinese authorities have deregistered and fined a Chinese commercial fishing company approximately USD 596,000 for misreporting bluefin tuna catches and fishing without a licence adjacent to the New Zealand Exclusive Economic Zone.