Axa Group confirms Lehman Brothers and AIG equity exposure

The group holds a proprietary equity interest in Lehman Brothers of approximately 0.05% of Lehman Brothers’ total outstanding common shares. Credit exposure to Lehman Brothers, including credit default swaps, net of policyholders’ participation and net of tax is approximately €300m.

The group also holds a proprietary equity interest in AIG of approximately 0.02% of AIG’s total outstanding common shares. The credit exposure to AIG, including credit default swaps, net of policyholders’ partici

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