Axa SA (AXA) is a France-based holding company engaged in the business of financial protection, insurance and asset management. It operates in three segments: Life & Savings, Property & Casualty Insurance and Asset Management. The Company�s business involves the sale of savings policies, retirement accounts, estate planning services, health insurance, car and home insurance, insurance against property damage and civil liability, among others, for individual and business clients. AXA operates through subsidiaries in Europe, North America, and the Asia-Pacific Region alsoin the Middle East, Africa, and Latin America. On September 30, 2013, AXA SA's private equity arm completed a spin out from its parent company, and was named Ardian. In October 2013, it created Axa Lab and Silicon Valley. In February 2014, it acquired 50% of Tian Ping Auto Insurance Company Ltd. In April 2014, it acquired 51% stake in composite insurance operations of Grupo Mercantil Colpatria.