activity report 1998 axagrams xagrams are a visual alphabet designed to familiarize everyone in the group with axa management style pictograms like road signs they express ideas graphically through repetition rapidly become familiar and meaningful also allow us get around linguistic barriers becoming universal language specific this is major advantage for an international contents word from chairmen 2 update 4 financial highlights 6 organizational structures 10 its shareholders 13 people 16 review of operations 19 insurance 20 businesses 39 reinsurance 40 asset other services 41 consolidated statements income 47 balance sheets 48 simplified chart 50 addresses 52 strategic mission statement shared values orientations squarely focused on one business insur ance related particularly attain goal setting standard worldwide industry has defined practices seven loyalty all our partners team spirit which fosters high perfor mance both individually collectively pride profession enables take risks drives today s economy
