News Review: March - Axa confident after review

Axa Insurance chief executive Peter Hubbard said his company was ontarget to deliver the benefits from its wide-ranging review of operationsat the announcement of its annual results.

The UK general arm of the French insurance group reported that it had beenforced to add an additional \#95m to its liability reserves following acase-by-case review of its liability portfolio.

Mr Hubbard said the review had left the insurer able to head into 2003confident there would be no unwelcome surprises from its

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