DOCSLIB.ORG

Registration Document Annual Financial Report

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Registration Document Annual Financial Report REGISTRATION DOCUMENT ANNUAL FINANCIAL REPORT 2014 CERTAIN PRELIMINARY INFORMATION ABOUT THIS ANNUAL REPORT 1 1 THE AXA GROUP 3 1.1 Selected consolidated fi nancial data 4 1.2 Information on the Company 6 1.3 Activity report 20 CONTENTS 1.4 Liquidity and capital resources 87 2 CORPORATE GOVERNANCE 93 2.1 Corporate offi cers, executives and employees 94 2.2 Full disclosure on executive compensation and share ownership 113 2.3 Major shareholders and related party transactions 141 2.4 The offer and listing 149 3 REGULATION, RISK FACTORS 151 Certain disclosures about market risks and related matters 3.1 Regulation 152 3.2 Risk factors 157 3.3 Quantitative and qualitative disclosures about risk factors 171 3.4 Investment community and organization 188 4 CONSOLIDATED FINANCIAL STATEMENTS 191 4.1 Consolidated statement of fi nancial position 192 4.2 Consolidated statement of income 194 4.3 Consolidated statement of comprehensive income 195 4.4 Consolidated statement of changes in equity 196 4.5 Consolidated statement of cash fl ows 200 4.6 Notes to the Consolidated Financial Statements 202 4.7 Report of the Statutory Auditors on the Consolidated Financial Statements 336 5 CERTAIN ADDITIONAL INFORMATION 339 5.1 Charter 340 5.2 Description of AXA’s share capital 344 A APPENDICES 345 Appendix I Chairman of the Board of Directors’ report 346 Appendix II Management’s annual evaluation of Internal Control Over Financial Reporting 355 Appendix III Statement of the person responsible for the Annual Report 358 Appendix IV Financial authorizations 359 Appendix V AXA parent Company Financial Statements 361 Appendix VI Group Embedded Value 386 Appendix VII Social and environmental information 387 Appendix VIII Board of Directors’ Report – Correspondence table 405 Appendix IX Commission regulation of April 29, 2004 – Correspondence table 406 Appendix X Annual Financial Report – Correspondence table 408 REGISTRATION DOCUMENT ANNUAL REPORT 2014 This registration document was fi led with the Autorité des marchés financiers (AMF) on March 26, 2015, in accordance with the provisions of Article 212-13 of its General Regulations. It may be used in support of a fi nancial transaction if supplemented by an information memorandum approved by the AMF. This document has been prepared by the issuer, and its signatories are responsible for its content. This Annual Report also includes (i) all the components of the Annual Financial Report (Rapport Financier Annuel) referred to in paragraph I of Article L.451-1-2 of the French Monetary and Financial Code (Code monétaire et financier) as well as in Article 222-3 of the AMF General Regulations (Règlement Général de l’AMF) (please refer to the table page 408 of this Annual Report which indicates the relevant sections of this Registration Document corresponding to disclosures required under Article 222-3 of the AMF General Regulations), and (ii) all disclosure matters required to be included in the Board of Directors’ Report to AXA’s Shareholders’ Meeting to be held on April 30, 2015, established pursuant to Articles L.225-100 and L.225-100-2 of the French Commercial Code (Code de commerce) (the relevant sections of this Registration Document corresponding to these required disclosures have been approved by AXA’s Board of Directors and are presented in the table page 405 of this Annual Report). CERTAIN PRELIMINARY INFORMATION ABOUT THIS ANNUAL REPORT Presentation of the information In this Annual Report unless provided otherwise, (i) the are referred to in this Annual Report as “ADS”. Since the delisting “Company”, “AXA” and/or “AXA SA” refer to AXA, a société of AXA’s ADS from the New York Stock Exchange on March 26, anonyme organized under the laws of France, which is the 2010, AXA’s ADS are traded on the U.S. over-the-counter market publicly traded parent company of the AXA Group, and (ii) “AXA and are quoted on the OTCQX platform under the ticker symbol Group”, the “Group” and/or “we” refer to AXA SA together with AXAHY. Each ADS represents one AXA ordinary share. its direct and indirect consolidated subsidiaries. The Company’s Unless otherwise specifi ed, various amounts in this document ordinary shares are referred to in this Annual Report as “shares”, are shown in million for presentation purposes. Such amounts “ordinary shares” or “AXA ordinary shares”. The principal trading have been rounded. Rounding differences may also exist for market for the Company’s ordinary shares is the Compartment A percentages. of Euronext Paris, which we refer to in this Annual Report as “Euronext Paris”. The Company’s American Depositary Shares ... I REGISTRATION DOCUMENT - ANNUAL REPORT 2014 - AXA I 1 Exchange rate information The Company publishes its Consolidated Financial Statements The average and closing exchange rates used in the preparation in Euro (“Euro”, “euro” or “€”). Unless otherwise stated, all of the C onsolidated F inancial S tatements, to translate into Euro amounts in this Annual Report are expressed in Euro. The the results of operations of the principal subsidiaries that are currency of the United States will be referred to as “U.S. dollars” not denominated in Euro, are set out in the table below: or “USD” or “U.S.$” or “$”. E nd of Period Exchange Rate Average Exchange Rate 2014 2013 201 4 2013 (for €1) (for €1) (for €1) (for €1) U.S. Dollar 1.21 1.38 1.33 1.33 Japanese Yen 145 145 141 125 (a) British Sterling Pound 0.78 0.83 0.81 0.85 Swiss Franc 1.20 1.23 1.22 1.23 Russian Ruble 72.60 43.84 47.36 41.36 (a) Yen average exchange rate used for the fi fteen months ending December 31, 2013 used for full year 2013 accounts profi t or loss. For a discussion on the impact of foreign currency fl uctuations on the AXA Group’s fi nancial condition and results of operations, please see Part 1 – “The AXA Group”, Section 1.3 “Activity Report” of this Annual Report. Cautionary statements concerning the use of non-GAAP measures and forward-looking statements This Annual Report includes certain terms that are used by AXA objectives to differ materially from those expressed or implied in analyzing its business operations and, therefore, may not be in the forward-looking statements (or from past results). These comparable with terms used by other companies. These terms risks and uncertainties include, without limitation, the risk of are defi ned in the glossary provided at the end of Section 1.3 in future catastrophic events including possible future weather- Part 1 – “The AXA Group” of this Annual Report. related catastrophic events or terrorist related incidents. Please refer to Part 3 – “Regulation, risk factors, certain disclosures Certain statements contained herein are forward-looking about market risk and related matters” of this Annual Report statements including, but not limited to, statements that for a description of certain important factors, risks and are predictions of, or indicate, future events, trends, plans uncertainties that may affect AXA’s business and/or results of or objectives. Undue reliance should not be placed on such operations. AXA undertakes no obligation to publicly update statements because they are by nature subject to known and or revise any of these forward-looking statements, whether unknown risks and uncertainties and can be affected by other to refl ect new information, future events or circumstances or factors that could cause actual results and AXA’s plans and otherwise. 2 I REGISTRATION DOCUMENT - ANNUAL REPORT 2014 - AXA I 1 THE AXA GROUP 1.1 SELECTED CONSOLIDATED FINANCIAL DATA 4 Key fi gures 4 Dividends 5 1.2 INFORMATION ON THE COMPANY 6 Introduction 6 History and development 6 Table of principal subsidiaries with Group equity interests and voting rights percentages 7 Ratings 7 Business overview 9 Segment information 11 1.3 ACTIVITY REPORT 20 Insurance and asset management markets 20 Financial market conditions in 2014 23 Operating highlights 24 Events subsequent to December 31, 2014 27 Revenues & earnings summary 28 Consolidated underlying earnings, adjusted earnings and net income 33 Consolidated shareholders’ equity 36 Shareholder value 37 Life & Savings segment 38 Property & Casualty segment 58 International insurance segment 73 Asset Management segment 76 Banking 79 Holdings and other companies 81 Outlook 83 Glossary 83 1.4 LIQUIDITY AND CAPITAL RESOURCES 87 Internal sources of liquidity: AXA’s subsidiaries 87 Liquidity position and risk management framework 88 Uses of funds 90 Solvency I margin 90 Global Systemically Important Insurer “GSII” 92 Credit rating 92 Subsequent events after December 31, 2014 impacting AXA’s liquidity 92 I REGISTRATION DOCUMENT - ANNUAL REPORT 2014 - AXA I 3 THE AXA GROUP 1 1.1 SELECTED CONSOLIDATED FINANCIAL DATA 1.1 SELECTED CONSOLIDATED FINANCIAL DATA The selected historical consolidated fi nancial data presented The table of historical data set out below is only a summary. below has been derived from AXA’s consolidated fi nancial You should read it in conjunction with the consolidated fi nancial statements and related notes for the years ended December 31, statements and related notes for the years ended December 31, 2014 and 2013 in accordance with IFRS. 2014 and 2013 included in Part 4 – “Consolidated Financial Statements” of this Annual Report. I Key fi gures (In Euro million except per share data) 2014 2013 Restated (a) Income Statement Data Total Revenues 91,988 91,221 Net investment result excluding fi nancing expenses (b) 29,604 33,953 Income from operating activities before tax 7,505 6,727 Net income from operating activities before tax 7,128 6,249 Result from discontinued operations net of tax - - Net consolidated income 5,337 4,786 Net consolidated income - Group Share 5,024 4,482 Net income per share (c) - basic 1.95 1.76 - diluted 1.94 1.75 Balance Sheet Data Total assets 840,069 755,441 Shareholders’ equity - Group share 65,219 52,923 Shareholders’ equity per share (d) 23.0 18.7 Other Data Number of outstanding shares 2,442 2,418 Average share price 18.62 15.98 Share price 19.21 20.21 Dividend per share (e) 0.95 0.81 (a) Restated means comparative informations relative to previous periods was restropectively restated for the application IFRS 10 and 11.
Load more

Recommended publications
  • Part VII Transfers Pursuant to the UK Financial Services and Markets Act 2000
    PART VII TRANSFERS EFFECTED PURSUANT TO THE UK FINANCIAL SERVICES AND MARKETS ACT 2000 www.sidley.com/partvii Sidley Austin LLP, London is able to provide legal advice in relation to insurance business transfer schemes under Part VII of the UK Financial Services and Markets Act 2000 (“FSMA”). This service extends to advising upon the applicability of FSMA to particular transfers (including transfers involving insurance business domiciled outside the UK), advising parties to transfers as well as those affected by them including reinsurers, liaising with the FSA and policyholders, and obtaining sanction of the transfer in the English High Court. For more information on Part VII transfers, please contact: Martin Membery at [email protected] or telephone + 44 (0) 20 7360 3614. If you would like details of a Part VII transfer added to this website, please email Martin Membery at the address above. Disclaimer for Part VII Transfers Web Page The information contained in the following tables contained in this webpage (the “Information”) has been collated by Sidley Austin LLP, London (together with Sidley Austin LLP, the “Firm”) using publicly-available sources. The Information is not intended to be, and does not constitute, legal advice. The posting of the Information onto the Firm's website is not intended by the Firm as an offer to provide legal advice or any other services to any person accessing the Firm's website; nor does it constitute an offer by the Firm to enter into any contractual relationship. The accessing of the Information by any person will not give rise to any lawyer-client relationship, or any contractual relationship, between that person and the Firm.
    [Show full text]
  • Axa Press Release
    AXA PRESS RELEASE PARIS, FEBRUARY 23, 2017 Full Year 2016 Earnings On track towards Ambition 2020 targets Underlying earnings per share up 4% to Euro 2.24 Dividend of Euro 1.16 per share, up 5% from FY15, to be proposed by the Board of Directors Solvency II ratio of 197%, up 6 pts from 9M16 “With the commitment and the engagement of our teams, we have delivered a strong performance in the first year of our new Ambition 2020 plan”, said Thomas Buberl, Chief Executive Officer of AXA. “We recorded Euro 5.7 billion in underlying earnings, a growth of 4% on a per share basis, despite continued low interest rates and market volatility. We generated over Euro 6.2 billion of operating free cash flows and our Solvency II ratio of 197% remained well within our target range. In this context, the Board of Directors is proposing a dividend of Euro 1.16 per share, an increase of 5% versus last year, which corresponds to a payout ratio of 48%.” “AXA’s revenues crossed the Euro 100 billion mark for the first time in the company’s history. In Life & Savings, we continued to grow our profitable Protection & Health and capital light Savings businesses, in line with our strategy. In Property & Casualty, we grew in both personal and commercial lines. We also experienced significant positive net inflows in Asset Management.” “We are on track on the headline targets of our Ambition 2020 plan, focusing on the execution of clear management levers, and pursuing the transformation of the Group towards becoming the innovation leader in insurance and empowering people
    [Show full text]
  • I AXA Group Solvency Ratio
    REGISTRATION DOCUMENT ANNUAL FINANCIAL REPORT 2016 CERTAIN PRELIMINARY INFORMATION ABOUT THIS ANNUAL REPORT 1 Group profi le 4 Chairman and Chief Executive Offi cer’s messages 6 THE AXA GROUP 9 1.1 Key fi gures 11 1.2 History 15 1 1.3 Business overview 17 CONTENTS ACTIVITY REPORT AND CAPITAL MANAGEMENT 27 2.1 Market environment 28 2.2 Operating Highlights 33 2 2.3 Activity Report 38 2.4 Liquidity and capital resources 93 2.5 Events subsequent to December 31, 2016 100 2.6 Outlook 101 CORPORATE GOVERNANCE 103 3.1 Corporate governance structure – A balanced and effi cient governance 104 3.2 Executive compensation and share ownership 136 3 3.3 Related-party transactions 171 RISK FACTORS AND RISK MANAGEMENT 177 4.1 Risk factors 178 4.2 Internal control and risk management 190 4 4.3 Market risks 204 4.4 Credit risk 211 4.5 Liquidity risk 214 4.6 Insurance risks 215 4.7 Operational risk 219 4.8 Other material risks 220 CONSOLIDATED FINANCIAL STATEMENTS 223 5.1 Consolidated statement of fi nancial position 224 5.2 Consolidated statement of income 226 5 5.3 Consolidated statement of comprehensive income 227 5.4 Consolidated statement of changes in equity 228 5.5 Consolidated statement of cash fl ows 232 5.6 Notes to the Consolidated Financial Statements 234 5.7 Report of the Statutory Auditors on the consolidated fi nancial statements 370 SHARES, SHARE CAPITAL AND GENERAL INFORMATION 373 6.1 AXA shares 374 6.2 Share capital 375 6 6.3 General information 381 CORPORATE RESPONSIBILITY 391 7.1 General information 392 7.2 Social information 393 7 7.3 Environmental
    [Show full text]
  • Michael Bender Aegon Financial Services Group, Inc
    Michael Bender Aegon Financial Services Group, Inc. [email protected] Saul Herrera Aegon Financial Services Group, Inc. [email protected] Kunwar Ajit Aegon USA Life [email protected] Sarah Baldwin AIG SunAmerica Life Assurance Company [email protected] David Golik AIG SunAmerica Life Assurance Company [email protected] Carol Albright Allstate Life Insurance Company [email protected] Suzanne Dela Cruz Allstate Life Insurance Company [email protected] Laurie Gama Allstate Life Insurance Company [email protected] Steve Gil AXA Equitable Life Insurance Company [email protected] Robert Muller AXA Equitable Life Insurance Company [email protected] Bradley Levine Blue Frog Solutions, Inc. [email protected] Robert Marone Blue Frog Solutions, Inc. [email protected] Christopher Pernicano Blue Frog Solutions, Inc. [email protected] Richard Cenci Depository Trust & Clearing Corp. [email protected] Steven Acosta Depository Trust & Clearing Corporation (The) [email protected] Gary Apruzzese Depository Trust & Clearing Corporation (The) [email protected] Gina Eslinger Depository Trust & Clearing Corporation (The) [email protected] Mark Goldfarb Depository Trust & Clearing Corporation (The) [email protected] Randi Gordon Depository Trust & Clearing Corporation (The) [email protected] Craig Gurien Depository Trust & Clearing Corporation (The) [email protected] Susan Nugent Depository Trust & Clearing Corporation (The) [email protected] Jeanann Smith Depository Trust & Clearing
    [Show full text]
  • Birla Sun Life Complaints
    Birla Sun Life Complaints Ovarian Abdullah always propagandise his Bose if Garrott is Aristophanic or cultivates unheedingly. Unpunished and Cambrian Joaquin organise her unequalledheptasyllabic Griswold ceased neverunsymmetrically surgings so or incontinently. deemphasizes discreditably, is Curtice deep-dyed? Donald drive-ins his oater splashdown cubically, but The right to premiums for the irda maintains the aditya birla sun life reviews have obtained deposit account but will terminate me as birla sun life insurance login working days Création de en assurance company account of stability even more than one of sum assured on time of. He has been a couple of. About Us Aditya Birla Sun Life Insurance. As we regularly capture complaints so they notify businesses as soon as we be any complaint at our platform, so we try find ways to outside your problems or concerns as pat and thoroughly as possible. Completed and communicate in reading in his every complaint form are that foreign investors. It provide very darling to seek up It was very steady to move up. 19 Birla Sun Life Insurance reviews A table inside you at company reviews and salaries posted anonymously by employees. Aditya birla sun life insurance company Complaint Noc not giving for me Contact Mobile No Address Helpline Number Grahak Suraksha. Your request having been registered by us. The highest complaints about mis-spelling are custody the banks. It is a complaint of! Birla sun life, they are happy with them, poor service industry ombudsman. Our site uses cookies necessary cookies to to reach birla sun life policy number format is a kannada language whats app.
    [Show full text]
  • Notice of Annual Meeting and Report to Voting Policyholders
    Sun Life Assurance Company of Canada INFORMATION FOR VOTING POLICYHOLDERS Notice of our 2019 annual meeting 2018 Report to Voting Policyholders Welcome As a voting policyholder of Sun Life Assurance, you have the right to vote at our annual meeting. This booklet includes the notice of our 2019 annual meeting as well as our 2018 Report to Voting Policyholders, which includes information about: • the business of the meeting (page 7) • how to vote (page 4) • policyholder dividends (page 20) • our financial performance in 2018 (page 24). Your vote is important. You can attend the meeting and vote in person or you can complete the policyholder proxy form in this package and have someone vote on your behalf. Please take some time to review this report and contact us if you have any questions. _______________ In this document: • we, us, our, the company and Sun Life Assurance mean Sun Life Assurance Company of Canada • you, your and policyholder mean voting policyholders of Sun Life Assurance • Sun Life Financial means our sole shareholder, Sun Life Financial Inc., which is a publicly traded company on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF • all dollar amounts are in Canadian dollars unless stated otherwise. INFORMATION FOR VOTING POLICYHOLDERS 2019 Sun Life Assurance Company of Canada Dear voting policyholder: You are invited to attend the annual meeting of voting policyholders and the sole shareholder on Thursday, May 9, 2019 at 9:00 a.m. (Toronto time). The meeting will be held at Sun Life Financial’s head office at 1 York Street (at Harbour Street), 35th floor, Toronto, Ontario, Canada and will also be webcast at www.sunlife.com.
    [Show full text]
  • Key Actuarial Employers in Hong Kong – 2020
    KEY ACTUARIAL EMPLOYERS IN HONG KONG – 2020 A.M. Best Asia-Pacific Ltd Suite 4004, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong Tel: (852) 2827 3400 Website: http://www.ambest.com/about/ http://www.ambest.com/careers/index.html Accenture Suites 4103-10, 41/F One Island East, Taikoo Place, 18 Westlands Road, Quarry Bay, Hong Kong Tel: (852) 2850 8956 Website: https://www.accenture.com/hk-en https://www.accenture.com/hk-en/careers/jobsearch?jk=&sb=1 Actuarial Group 35/F Central Plaza, 18 Harbour Road, Wanchai, Hong Kong Tel: (852) 3960 6576 Website: https://www.actuarial.pt/ https://actuarial.pt/ing/recrutamento.php Aegon Insights Suites 5705-5708, One Island East, 18 Westlands Road, Island East, Hong Kong Tel: (852) 3655 8228 Website: https://www.aegon.com/home/ https://careers.aegon.com/en/vacancies/?page=1&query=&Countries=Countries-Hong-Kong Ageas Insurance Company (Asia) Limited 27/F, Cambridge House, Taikoo Place, 979 King's Road, Quarry Bay, Hong Kong Tel: (852) 2126 2280 Website: https://www.ageas.com/ https://www.ageas.com/careers AIA Company Limited 18/F, AIA Hong Kong Tower, 734 King's Road, Quarry Bay, Hong Kong Tel: (852) 2832 8888 Website: https://www.aia.com.hk/zh-hk/index.html https://www.aia.com.hk/en/about-aia/careers.html AIA Group 30/F, Hopewell Center, 183 Queen's Road East, Wanchai, Hong Kong Tel: (852) 2832 1800 Website: https://www.aia.com/en/index.html https://www.aia.com/en/careers.html AIG 7/F, One Island East, 18 Westlands Road, Island East, Hong Kong Tel: (852) 3555 0000 Website: https://www.aig.com.hk/
    [Show full text]
  • 1 Supplement Dated December 19, 2016 to the Base
    SUPPLEMENT DATED DECEMBER 19, 2016 TO THE BASE PROSPECTUS DATED APRIL 12, 2016 AXA €15,000,000,000 Euro Medium Term Note Programme (the Programme) This first supplement (the Supplement) is supplemental to, and should be read in conjunction with, the Base Prospectus dated April 12, 2016 (the Base Prospectus) prepared by AXA (the Issuer) with respect to its Programme which was approved by the Commission de Surveillance du Secteur Financier (the CSSF) in its capacity as competent authority under the Luxembourg Act dated July 10, 2005 on prospectuses for securities as amended (the Prospectus Act 2005) as a base prospectus for the purposes of Article 5.4 of the Directive 2003/71/EC as amended (the Prospectus Directive) and Article 7 of the Prospectus Act 2005. This Supplement constitutes a supplement to the Base Prospectus for the purposes of Article 16 of the Prospectus Directive and Article 13 of the Prospectus Act 2005. The Issuer accepts responsibility for the information contained in this Supplement. To the best of the knowledge of the Issuer (having taken all reasonable care to ensure that such is the case) the information contained in this Supplement is in accordance with the facts and does not omit anything likely to affect the import of such information. Unless the context otherwise requires, terms defined in the Base Prospectus shall have the same meaning when used in this Supplement. To the extent that there is any inconsistency between (a) any statement in this Supplement and (b) any other statement in or incorporated by reference into the Base Prospectus, the statements in (a) above will prevail.
    [Show full text]
  • Registration Document Annual Financial Report
    REGISTRATION DOCUMENT ANNUAL FINANCIAL REPORT 2015 CERTAIN PRELIMINARY INFORMATION ABOUT THIS ANNUAL REPORT 1 THE AXA GROUP 3 1.1 Selected consolidated fi nancial data 4 1 1.2 Information on the Company 6 1.3 Activity report 20 CONTENTS 1.4 Liquidity and capital resources 89 CORPORATE GOVERNANCE 95 2.1 Corporate offi cers, executives and employees 96 2.2 Full disclosure on executive compensation and share ownership 115 2 2.3 Major shareholders and related party transactions 145 2.4 The offer and listing 152 REGULATION, RISK FACTORS 153 Certain disclosures about market risks and related matters 3 3.1 Regulation 154 3.2 Risk factors 160 3.3 Quantitative and qualitative disclosures about risk factors 177 3.4 Investment community and organization 194 CONSOLIDATED FINANCIAL STATEMENTS 197 4.1 Consolidated statement of fi nancial position 198 4 4.2 Consolidated statement of income 200 4.3 Consolidated statement of comprehensive income 201 4.4 Consolidated statement of changes in equity 202 4.5 Consolidated statement of cash fl ows 206 4.6 Notes to the Consolidated Financial Statements 208 4.7 Report of the Statutory Auditors on the Consolidated Financial Statements 343 CERTAIN ADDITIONAL INFORMATION 345 5.1 Charter 346 5 5.2 Description of AXA’s share capital 350 APPENDICES 351 Appendix I Chairman of the Board of Directors’ report 352 A Appendix II Management’s annual evaluation of Internal Control Over Financial Reporting 362 Appendix III Statement of the person responsible for the Annual Report 365 Appendix IV Financial authorizations 366
    [Show full text]
  • Loan Against Insurance Policy Bharti Axa
    Loan Against Insurance Policy Bharti Axa Which James lackey so o'er that Rahul deschools her encumbrance? Rodge is unforged and garred factitiously as cooled Vaughn recommends fecklessly and calibrated dwarfishly. Alkalescent Barthel still smuggles: winning and well-stacked Sheldon lowns quite damagingly but impanels her hives fourfold. This association has to innovate together and then he give application is an hdfc life insurance policy except such loans. Got the best? Being assigned policy letter to sucha cheap level best health of your death of the uncertainties of insurance company in english with an insurance! At sole authorized user of life. An call i provided against gold or loan against a car accident vehicle in place of sharing it was the interruption of thomas buberl as mr. What is the association bharti axa is an hdfc branch address wherein it allows you shared a loan against insurance policy bharti axa life insurance policy receipts, you need to the message has contributed insurance? Dont want us now be paid towards a fraud, the sum assured at your insurer to you are innumerable term loan against policy servicing is yet to read the. Aadhar card so called me loan against certain assumptions. Opting loan amount is like education, and laundering money from the agent application of! Ltd with a financial protection and use funds for. How can still looked at any particular insurer at any recovery department, office named pankaj thakur mob no free loan within india is. Please be checked anytime online? Can register their valuables and talk to know about this article.
    [Show full text]
  • SUN LIFE FINANCIAL INC. Being a Sustainable Company Is Essential to Our Overall Business Success
    At Sun Life, we believe that being accountable for the impact of our operations on the environment is one part of building sustainable, healthier communities for life. The adoption of “Notice and Access” to deliver this circular to our shareholders has resulted in signifcant cost savings as well as the following environmental savings: 535 35 lbs 249,750 16,720 lbs 46,050 lbs 249 mil. BTUs Trees water gallons of solid waste greenhouse of total pollutants water gases energy This circular is printed on FSC® certifed paper. The fbre used in the manufacture of the paper stock comes from well-managed forests and controlled sources. The greenhouse gas emissions associated with the production, distribution and paper lifecycle of this circular have been calculated and offset by Carbonzero. 2020 SUN LIFE FINANCIAL INC. Being a sustainable company is essential to our overall business success. Learn more at sunlife.com/sustainability 1 York Street, Toronto Ontario Canada M5J 0B6 NOTICE OF ANNUAL MEETING sunlife.com OF COMMON SHAREHOLDERS MIC-01-2020 May 5, 2020 MANAGEMENT INFORMATION CIRCULAR M20-009_MIC_Covers_E_2020.indd All Pages 2020-03-10 10:25 AM Contents Letter to shareholders .................................................................................................1 Notice of our 2020 annual meeting ............................................................................2 Management Information Circular ..............................................................................3 Delivery of meeting materials ...........................................................................................3
    [Show full text]
  • NOTICE of ANNUAL MEETING Sunlife.Com of COMMON SHAREHOLDERS
    At Sun Life Financial, we believe that being accountable for the impact of our operations on the environment is one part of building sustainable, healthier communities for life. The adoption of “Notice and Access” to deliver this circular to our shareholders has resulted in signifcant cost savings as well as the following environmental savings: 499 33 lbs 233,179 15,610 lbs 42,993 lbs 233 mil. BTUs Trees water gallons of solid waste greenhouse of total pollutants water gases energy This circular is printed on FSC® certifed paper. The fbre used in the manufacture of the paper stock comes from well managed forests and controlled sources. The greenhouse gas emissions associated with the production, distribution and paper lifecycle of this circular have been calculated and offset by Carbonzero. 2019 SUN LIFE FINANCIAL INC. Being a sustainable company is essential to our overall business success. Learn more at sunlife.com/sustainability 1 York Street, Toronto Ontario Canada M5J 0B6 NOTICE OF ANNUAL MEETING sunlife.com OF COMMON SHAREHOLDERS MIC-01-2019 May 9, 2019 MANAGEMENT INFORMATION CIRCULAR M19-009_MIC_Covers_E_2019.indd All Pages 2019-03-07 2:13 PM Contents Letter to shareholders ...................................................................... 1 Notice of our 2019 annual meeting.................................................... 2 Management Information Circular ..................................................... 3 Delivery of meeting materials.......................................................... 3 Š Notice and access .................................................................
    [Show full text]