AXA to Sell Its Operations in Taiwan to China Life Insurance Co Ltd

AXA announced today it has reached an agreement with China Life Insurance Co Ltd., a life insurance company incorporated in Taiwan, for the sale of Winterthur Life Taiwan Branch (WLTB).



In 2006, WLTB had a premium volume of circa Euro 100 million(1) and a 0.35% market share.
The transaction is subject to customary regulatory approvals and is expected to close by year-end 2007.
About AXA
AXA Group is a worldwide leader in Financial Protection. AXA's operations are diverse geographically, with major operations in Europe, North America and the Asia/Pacific area. For full year 2006, IFRS revenues amounted to Euro 79 billion and IFRS adjusted earnings amounted to Euro 5,140 million. The AXA ordinary share is listed and trades under the symbol AXA on the Paris Stock Exchange. The AXA American Depository Share is also listed on the NYSE under the ticker symbol AXA.
This press release is available on the AXA Group web site: www.axa.com
IMPORTANT LEGAL INFORMATION
Certain statements contained herein are forward-looking statements including, but not limited to, statements that are predications of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties. Please refer to AXA's Annual Report on Form 20-F and AXA's Document de Reference for the year ended December 31, 2006, for a description of certain important factors, risks and uncertainties that may affect AXA's business. In particular, please refer to the section "Special Note Regarding Forward-Looking Statements" in AXA's Annual Report on Form 20-F. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise.

Aon Declares Quarterly Dividend

today declared a quarterly cash dividend of $0.15 per common share. The cash dividend is payable on August 14, 2007 to common stockholders of record at the close of business on August 1, 2007.
About Aon
Aon Corporation (http://www.aon.com) is a leading provider of risk management services, insurance and reinsurance brokerage, human capital and management consulting, and specialty insurance underwriting. There are 43,000 employees working in Aon's 500 offices in more than 120 countries. Backed by broad resources, industry knowledge and technical expertise, Aon professionals help a wide range of clients develop effective risk management and workforce productivity solutions.

FirstBest Systems Establishes Underwriting Knowledge Center

Growing Company Offers P&C Insurance Customers Deep Expertise, Solutions, and Best Practices to Address the Entire Underwriting Lifecycle
-- FirstBest Systems(TM), developer of advanced Underwriting Management Systems(TM) that enable commercial insurance carriers to profit from better underwriting, today announced the formation of an Underwriting Knowledge Center. Led by insurance industry experts with a significant amount of insurance expertise, the new group will offer customers deep, focused insurance industry knowledge and best practices to enhance the core business process of underwriting.
FirstBest Systems is a new software company formed to address the need in the commercial insurance industry for a web-based solution, specifically designed to address today's underwriting challenges. With the formation of the Underwriting Knowledge Center, FirstBest now offers a complete business solution combining state-of-the-art software and industry best practices, to help carriers achieve profitable growth and greater customer intimacy with agents.
The FirstBest Underwriting Knowledge Center will be led by Robert R. Lukas, Vice President, Underwriting Sciences. With more than 30 years of insurance industry and IT experience, Lukas is an expert on establishing effective IT governance models for property and casualty (P&C) enterprises and exploiting technology to create revenue-generating opportunities. Lukas is the former CIO of the Hartford's Property/Casualty Company. He founded and directed the Hartford Technology Services Company, a Hartford subsidiary that provides technology services to the Hartford and other corporations. He also served as president of CLA Corp., a Hartford subsidiary that marketed insurance software and technology services to other insurance carriers.
The Underwriting Knowledge Center team also includes:

-- Kelly Lynch, FirstBest Senior Director, Underwriting Sciences,
Chartered Property Casualty Underwriter (CPCU). Lynch brings more than 15
years of insurance industry experience to FirstBest, including underwriter
for Kemper National Insurance Company, loss control engineer for highly
protected risk (HPR) property accounts with Industrial Risk Insurers,
manager of facultative and treaty business for Swiss Re America's
Engineered Risk Department (ERD), and manager of Quanta U.S. Holdings'
program division, where she had operational and underwriting oversight over
more than $175 million of direct written premiums written by Managing
General Agents on behalf of Quanta.
-- Paul Cummings, FirstBest Vice President, Engineering. Previously, as
vice president of worldwide software development for the S1 Corporation, he
led the creation of S1's Enterprise Insurance product line and managed
development of other Web-based financial services products.
-- Leonard C.G. (Geoff) Smith, CPCU, FirstBest Strategic Advisory Board.
With over 35 years of insurance industry experience, Smith was most
recently executive vice president, CIO and board member of ePolicy. After a
30-year career at Hartford Financial Services Group, he retired as
president, Commercial Affinity Operations, one of three Hartford North
American Property/Casualty operating companies. His career there spanned
commercial P&C underwriting and sales leadership.
-- William F. (Bill) Cutting, CPCU, FirstBest Business Analyst,
Underwriting Sciences. Cutting brings 25 years' experience in underwriting
management and sales to FirstBest. Previous roles have included production
specialist with Lexington Insurance, a leading P&C insurer; underwriter
consultant with Kemper Insurance Companies; director of underwriting for
RTW; portfolio underwriter for Liberty Mutual Insurance Co.; senior
underwriter with American International Group (AIG); and pricing analyst
with The Hartford Insurance Group.
"Carriers today are looking for a way to unlock the rich knowledge and best practices they have in their best underwriters to improve the consistency of underwriting," said John Belizaire, CEO of FirstBest Systems. "We have created a solution that includes a next-generation product and deep industry expertise to help solve that problem."
About FirstBest Systems
Founded in 2006, FirstBest Systems delivers advanced Underwriting Management Systems (UMS) that enable commercial insurance carriers to profit from better underwriting. FirstBest's UMS is a business solution provided as a Web-based platform for underwriting all lines of business. It uniquely delivers straight through processing, exception-based underwriting, real-time collaboration, knowledge management, a management dashboard, and an execution platform for predictive modeling -- in one integrated solution. The deployment of this solution results in increased revenue and profitability, closer agent-underwriter relationships, management visibility into the underwriting process, and the continuous capturing and sharing of underwriting experience and best practices.
For more information, please visit www.firstbest.com.