Swiftcover success rejuvenates Axa's personal lines business

Axa Insurance has seen the size of its personal lines business overtake its commercial lines portfolio on the back of Swiftcover's growth and shedding the unprofitable parts of its small and medium-sized enterprise (SME) book.

While the commercial arm's gross written premium fell by £61m to £1.04bn, its personal lines business rose from £1.08bn to £1.1bn, which includes a £47m improvement in household revenues and a 49% increase in Swiftcover policies to 522,000.

Axa Insurance chief executive

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: