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Axa Health Statement 2016-2025 Form

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all right everybody welcome back today we are taking a deep dive into axa's 2023 annual report lost Stone pack there yeah they're really is so we will dive into the numbers and try to paint a picture of what kind of year this insurance giant had sounds good and the first thing that jumped out to me was their revenue it climbed 3% to 103 billion yeah 3% might not sound like a huge jump right but in these uncertain times it kind of makes you wonder what's driving that growth when so many other businesses are struggling yeah exactly and then you look at their operating profit and it tells a similar story up 6% to 7.6 billion so they're not just bringing in the money they are managing it well too seems like efficiency is a real priority for them and then there's this number this number really stands out to me a solvency to sh you of 227% okay for those of us who aren't fluent in Insurance jargon yes please explain break that down for us a lit

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