AXA RE Arizona definition

AXA RE Arizona means AXA RE Arizona Company, formerly an Arizona corporation and a wholly owned indirect subsidiary of Holdings, which merged with and into AXA Equitable Life in April 2018.
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AXA RE Arizona means AXA RE Arizona Company, an Arizona corporation and a wholly owned indirect subsidiary of Holdings.
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Examples of AXA RE Arizona in a sentence

  • As part of the Reorganization Transactions, we also effected an unwind of the reinsurance provided to AXA Equitable Life by AXA RE Arizona for certain variable annuities with GMxB features (the “GMxB Reinsurance”).The Reorganization was subject to approval from various state insurance regulators.

  • This favorable impact on the Group Solvency II ratio is offset by a reduction of AFR due to the anticipation of the recapture of the Variable Annuity business currently reinsured by AXA RE Arizona as part of the planned pre-IPO restructuring transactions, including a write-off of the deferred tax asset positionAt December 31, 2017, the breakdown of the SCR(1) by risk categories was: 45% in Market, 23% in Life, 19% in Property & Casualty, 8% in Credit risk, and 6% in Operational risk.

  • As of June 30, 2013, AXF’s subsidiaries own 47.01% of the issued and outstanding units of limited partnership interest in AllianceBernstein (the “AllianceBernstein Units”), as follows: AXA RE Arizona Company, held directly 15,276,937 AllianceBernstein Units (5.43%), ACMC, LLC.

  • The GMxB Unwind was accomplished by AXA RE Arizona first transferring certain risks that are not part of the GMxB Unwind to a newly formed subsidiary, EQ AZ Life Re. Following the transfer of that business to EQ AZ Life Re, AXA RE Arizona merged with and into AXA Equitable Life to complete the GMxB Unwind.

  • Other adjustments (€+0.5 billion) decreased compared to last year, mainly due to the anticipation in the US of the impact on AFR of the recapture of the Variable Annuity business currently reinsured by AXA RE Arizona as part of the restructuring transactions expected to take place before the IPO of a minority stake in the common stock of AEH, including a write-off of the deferred tax assets position.

  • In addition, AXA Equitable Life intends to undertake the GMxB Unwind in response to its agreement with the NYDFS that requires us to provide the NYDFS with notice and the opportunity to disapprove any ordinary shareholder dividend until AXA Equitable Life has fully implemented a plan with respect to the management of its variable annuity business ceded to AXA RE Arizona.

  • On September 23, 2013, AXA RE Arizona Company (formerly known as AXA Financial (Bermuda) Ltd.) ("AXA Arizona") sold 15,276,837 units of limited partnership interests ("AB Capital Units") in AllianceBernstein L.P. ("AllianceBernstein") to AXA Financial, Inc.

  • In additio AXA Equitable Life undertook the GMxB Unwind in response to its agreement with the NYDFS that required us to provide the NYDFS with notice and the opportunity to disapprove any ordinary shareholder dividend until AXA Equitable Life fully implemented a plan with respect to the management of its variable annuity business ceded to AXA RE Arizona.

  • The GMxB Unwind will be accomplished by AXA RE Arizona first transferring certain risks that are not part of the GMxB Unwind to a newly formed subsidiary, EQ AZ Life Re. Following the transfer of that business to EQ AZ Life Re, AXA RE Arizona intends to merge with and into AXA Equitable Life to complete the GMxB Unwind.

  • As of September 31, 2012, AXF’s subsidiaries own 48.27% of the issued and outstanding units of limited partnership interest in AllianceBernstein (the “AllianceBernstein Units”), as follows: AXA RE Arizona Company, held directly 15,276,937 AllianceBernstein Units (5.45%), ACMC, LLC.

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