AXA legal structure: Difference between revisions

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''Last updated: December 31, 2024''
 
AXA Group operates in Mexico through AXA Seguros S.A. de C.V., a composite insurance company offering property and casualty, life, and health insurance. AXA Seguros is held by AXA Mediterranean Holding S.A.U., a Spanish holding company wholly owned by AXA Group. AXA Seguros holds stakes in seven subsidiaries and participations in Mexico, covering health services (AXA Salud, Keralty Mexico), corporate services (AREHCSA), real estate (Inmobiliaria Comercial de Occidente), corporate social responsibility (Fundacion AXA), and road safety advocacy (Reacciona por la Vida). The principal minority co-shareholders outside the AXA Group are Controladora Salud Mexico S.A. de C.V. (in AXA Salud and Keralty Mexico) and Victimas de la Violencia Vial A.C. (in Reacciona por la Vida).
=== Ownership Chain ===
 
AXA Group → AXA Mediterranean Holding S.A.U. (Spain) → AXA Seguros S.A. de C.V. (Mexico)
 
AXA Group holds AXA Mediterranean Holding S.A.U., a holding company incorporated in Spain.
 
AXA Mediterranean Holding S.A.U. owns 99.97% of AXA Seguros S.A. de C.V. (Mexico), also known as "AS". The remaining 0.03% is held by AXA Seguros Generales S.A. de Seguros y Reaseguros (Spain).
 
=== Subsidiaries and Participations of AXA Seguros S.A. de C.V. ===
 
{| class="wikitable"
|-
! Entity !! StakeDomiciliation !! OtherType !! Shareholders !! Notes
|-
| AXA SaludMediterranean Holding S.A. de C.VU.
| 80%Spain
| Holding
| Controladora Salud Mexico S.A. de C.V. (20%) — not part of AXA Group
| AXA Group (100%)
|
|-
| KeraltyAXA MexicoSeguros S.A. de C.V. (AS)
| 40%Mexico
| Insurance (P&C, Life, Health)
| Controladora Salud Mexico S.A. de C.V. (60%) — not part of AXA Group
AXA Group →| AXA Mediterranean Holding S.A.U. (Spain99.97%), AXA Seguros Generales S.A. de C.V.Seguros y Reaseguros (Mexico0.03%)
|
|-
| AXA Salud S.A. de C.V.
| Mexico
| Health services
| AXA Seguros S.A. de C.V. (80%), Controladora Salud Mexico S.A. de C.V. (20%)
| Controladora Salud Mexico S.A. de C.V. (20%) —is not part of AXA Group
|-
| Keralty Mexico S.A. de C.V.
| Mexico
| Healthcare services
| AXA Seguros S.A. de C.V. (40%), Controladora Salud Mexico S.A. de C.V. (60%)
| Controladora Salud Mexico is not part of AXA Group. Joint venture operating integrated primary care clinics across Mexico.
|-
| AREHCSA (Administradora de Recursos Humanos y Corporativos S.A. de C.V.)
| 98%Mexico
| Corporate services
| CASCA (2%)
| AXA Seguros S.A. de C.V. (98%), CASCA (2%)
| In liquidation
|-
| Fundacion AXA A.C.
| 33.33%Mexico
| Foundation (CSR)
| AXA Seguros S.A. de C.V. (33.33%), AXA Assistance Mexico S.A. de C.V. (33.33%), AXA IM Mexico Asesores en Inversiones Independientes S.A. de C.V. (33.33%)
| Humanitarian assistance, disaster resilience, health programs, road safety, climate initiatives
|-
| Inmobiliaria Comercial de Occidente S.A. de C.V.
| 50%Mexico
| Real estate
| AXA Seguros S.A. de C.V. (50%), Two Mexican individuals (50%)
|
|-
| Reacciona por la Vida A.C.
| 50%Mexico
| NGO (Road safety)
| Victimas de la Violencia Vial A.C. (50%) — not part of AXA Group
| AXA Seguros S.A. de C.V. (50%), Victimas de la Violencia Vial A.C. (50%)
| Victimas de la Violencia Vial A.C. (50%) —is not part of AXA Group. Founded in 2013 to promote road safety in Mexico.
|}