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Axa UK has said its underlying earnings for 2007 have grown by 15% to £354m.

Globally, the French insurer reported earnings of 5bn euros and a proposed divident of 1.20 euros per share, up 13%.

General and Health insurance revenues in the UK and Ireland increased by 8% from £3,232m in 2006 to £3,499m in 2007.

Elsewhere, in the personal sector, strong revenue growth was evident in motor at Swiftcover where policies in force increased by 178% during 2007 helped by aggregator websites.

However, total general and health insurance underlying earnings in the UK and Ireland, including distribution, decreased by £83m from £263m in 2006 to £180m in 2007. UK commercial revenues were unchanged,

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