Equitable Holdings

Equitable Holdings, Inc.
Company typePublic
IndustryFinancial services
Founded1859 (1859)
FounderHenry Baldwin Hyde
HeadquartersNew York City, United States
Key people
Mark Pearson, President & CEO
ProductsInsurance (life, annuities, reinsurance)
RevenueDecrease US$11.0 billion (2021)
Decrease US ($518) million (2021)
AUMIncrease US$731 billion (2021)
Total assetsIncrease US$292 billion (2021)
Total equityDecrease US$11.5 billion (2021)
Number of employees
c. 7,800 (Dec 2021)
Subsidiaries
Websiteequitableholdings.com
Footnotes / references
[1]

Equitable Holdings, Inc. (formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde. In 1991, French insurance firm AXA acquired majority control of The Equitable.[2]

In 2004, the company officially changed its name to AXA Equitable Life Insurance Company.[3] By 2018, the company had over 15,800 agents licensed by the State of California.[4] In January 2020, it changed its name to Equitable Holdings, Inc. following its spinoff from AXA and the related public offerings beginning in May 2018.[5][6]

  1. ^ "Equitable Holdings, Inc. 2021 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 22, 2022.
  2. ^ Malkin, Lawrence; Neher, Jacques (July 19, 1991). "French Insurer To Put $1 Billion Into Equitable: AXA Buys Stake in U.S. Firm". The New York Times. ISSN 0362-4331. Retrieved April 19, 2015.
  3. ^ "AXA Equitable History". AXA Equitable Life Insurance Company. Retrieved February 4, 2012.
  4. ^ "Axa Equitable Life Insurance Company Agent Directory (Aanes to Zwilling)". Policypedia. Retrieved July 25, 2018.
  5. ^ "U.S. Insurer AXA Equitable Leaves AXA Name Behind". Wall Street Journal. January 13, 2020. Retrieved March 1, 2020.
  6. ^ "Announcing Equitable: A New Day for a 160-Year-Old Financial Services Company". Equitable. Retrieved March 1, 2020.

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