AXA Equitable Celebrates 150th Anniversary of Founding

AXA Equitable Life Insurance Company announced today that Sunday, July 26, 2009, will mark the organization's 150th anniversary. Founded in 1859 as The Equitable Life Assurance Society of the United States (The Equitable), the company began in a $75 dollar-a-month rented office at 98 Broadway in New York City. The Equitable demutualized in 1992 in what was the largest insurance company stock conversion at the time. The company began its partnership with AXA Group that same year, when the Paris-based global insurer became the company's largest single investor. AXA Group bought the remaining shares of The Equitable in 2000, giving birth to AXA Equitable...

PR Newswire: AXA Equitable Celebrates 150th Anniversary of Founding