equitable holdings name change

AXA Equitable Life Insurance Co. was preliminarily blocked from changing its name to “Equitable Financial” based on another insurance company’s “Equitable” trademark. Aside from Hyde, who was president of Equitable, the firm's officers included James Waddell Alexander (Vice President), George W. Phillips (Actuary) who was Vice President of the Actuarial Society of America, and Samuel Borrowe (Secretary). AXA Equitable Holdings Inc. is dropping AXA from its name in another sign the company is breaking free of insurance conglomerate AXA SA, its parent since the 1990s. In its filing, AXA noted that once the IPO took place, there would be four separate companies created: AXA Equitable Life Insurance Company, AXA Distribution Holding Corp., EQ AZ Life Re Company, and MONY Life Insurance Company of America.In May 2018, AXA announced the successful completion of the IPO of AXA Equitable Holdings, raising $2.75 billion on the sale of 24.5% of the outstanding shares. By 1997, the assets of the U.S. operation, the Equitable Insurance Group, had reach nearly a quarter of a billion dollars, and by 2003, AXA Equitable Insurance Company was the leading carrier in the world with more than 50 million clients, in more than 50 countries, and with nearly a trillion dollars in client assets.By 2018, AXA, facing tougher European Solvency laws, decided to re-balance its operations from life and annuities and towards property and casualty - from financial risks to insurance risks.

And finally, $502 million of options were exercised bringing the total to $4.02 billion in proceeds to AXA.On March 25, 2019, AXA announced a successful completion of a secondary common stock offering of 40 million shares AXA Equitable Holdings, Inc. (ticker EQH) bringing down their ownership stake from approximately 60% to 48.3% and raising net proceeds of $1.5 billion.On November 7, 2019, AXA announced the sale of its remaining stake in AXA Equitable Holdings (EQH), selling 144 million shares of common stock to On January 14, 2020, Equitable unveiled its new branding. Additionally, the company announced an issuance of $750 million of bonds mandatorily exchangeable into shares of AXA Equitable Holdings stock. In 2004, it officially changed its name to AXA Equitable Life Insurance Company.Equitable Life Insurance opened its headquarters at the After the company's headquarters building burned down in 1912, Equitable erected In 1985, the Equitable Life Assurance Society of the United States, then the third largest life insurance company in the country, formed Equitable Real Estate Investment Management, a subsidiary used by Equitable Life to develop and finance new real estate projects and manage the US$20 billion worth of real estate under Equitable's control.In December 1990, Equitable announced its decision to demutualize under New York's liberalizing laws. AXA Equitable Life Insurance Co. was preliminarily blocked from changing its name to “Equitable Financial” based on another insurance company’s “Equitable” trademark.AXA Equitable’s name change would likely cause confusion with Equitable Life & Casualty Insurance Co., a Utah federal court said Tuesday.AXA Equitable was founded in 1859 as “The Equitable Life Assurance Society of the United States,” and was commonly known as “The Equitable” until 2004, when its parent company

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