French insurer Axa SA (AXA) is optimistic its EUR2 billion rights issue will be successful, the company's Chief Financial Officer Denis Duverne said Monday during a conference call.

The company expects the capital increase to improve its solvency ratio by nine percentage points.

Axa is not interested in purchasing Royal Bank of Scotland PLC's (RBS.LN) insurance operations, Chief Executive Henri de Castries said during the call.

-By Jethro Mullen, Dow Jones Newswires; 33 1 4017 1738; jethro.mullen@dowjones.com
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