AXA secures the ‘Insurer of the Year 2009’ award at the Gulf Insurance Awards

AXA Insurance Gulf, one of the top 5 insurer’s in the GCC bagged the prestigious Insurer of the Year award at the Gulf Insurance Awards. The awards were given out yesterday at a ceremony that took place at the Jumeirah Emirates Towers in Dubai.

AXA was chosen for the Insurer of the Year award because its submission demonstrated commitment to its customers, innovation, and consistent delivery of high quality coverage, strong financial performance and a proven track record of success.

The awards were attended by around 200 delegates representing decision makers from Arab and international insurance and reinsurance companies, regulatory agencies, brokers and banks.

Alexis de Beauregard, Chief Officer, Marketing & Retail product offering accepted the award for AXA Insurance Gulf. He said, “We are extremely proud to receive this award and are happy to see that our endeavours to strive for excellence in all our operations has paid off. We want to become the preferred company for our 500,000 customers and shareholders alike and we will continue to differentiate ourselves from our competitors both in service quality and product offering.”

Jean-Louis Laurent Josi, CEO, AXA Insurance Gulf commented “This is not the first time we have been awarded and we are happy that the industry recognises our efforts. We want our customers to be proud to know that we always put service excellence, integrity and product innovation at the top of our priority list. I am thankful to our partners and shareholders that support us in this market and I also want to thank our customers for their business and their faith in us. More importantly, this accolade goes to our employees without whom this achievement would not have been possible - I am grateful to them for their hard work and commitment to the company and its customers. ”

Notes to the editor:

About AXA in the GCC

With a workforce of over 650 employees, 12 offices region-wide, a substantial customer base and a gross written premium of over US$ 440 million, AXA is a major international insurer in the Middle East offering a wide range of insurance products and services for corporate and individual customers

About AXA group

AXA group's operations are diverse geographically, with major operations in Europe, North America and the Asia/Pacific area with 67 million clients and 135,000 employees. For 1H09, IFRS revenues amounted to Euro 48.4 billion and IFRS underlying earnings to Euro 2.1 billion. AXA had Euro 967 billion in assets under management as of June 30, 2009.

The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISIN FR0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). The American Depository Share is also listed on the NYSE under the ticker symbol AXA.

For additional information, please contact:

Alexis de Beauregard/ Lianne Braganza-D’Sylva                                                      

AXA Gulf Marketing,

Tel: +971 4 4294050/ 4294054                       

Email: alexis.debeauregard@axa-gulf.com/ lianne.dsylva@axa-gulf.com