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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 ...
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Attwood was previously a senior executive vice president and chief investment officer at The Equitable and was the first president of Mutual Life to come from outside the company. [26] Before 1983, the company had seven subsidiaries but by 1987, the number of its subsidiaries totaled thirty-three.
The Equitable Life Assurance Society (Equitable Life), founded in 1762, is a life insurance company in the United Kingdom. The world's oldest mutual insurer, it pioneered age-based premiums based on mortality rate, laying "the framework for scientific insurance practice and development" [1] and "the basis of modern life assurance upon which all life assurance schemes were subsequently based". [2]
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In 1936, a new company, the Equitable Life Insurance Company of Canada, was incorporated under a federal charter and assumed the operations of the Ontario Equitable Life. Equitable was founded as a joint-stock company, but in 1958 began buying back its stock and in 1963 converted to a mutual. As a mutual company, Equitable has remained an ...