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News Review: March - Axa confident after review

Axa Insurance chief executive Peter Hubbard said his company was ontarget to deliver the benefits fr...

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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