Axa reports drop in UK and Ireland P&C revenues


Axa has reported a 12.8% fall in property and casualty (P&C) revenues in the UK and Ireland to €3.1bn for the first nine months of 2009, compared to €3.5bn in the same period last year.

The company said that the result was down 1.8% on a comparable basis as the group as a whole saw P&C revenue rise 2.5%, 0.6% on a comparable basis, to €20.5bn.

In the group as a whole, personal motor revenues were up 1.8%, which Axa said was partly driven by the success of the UK’s Swiftcover platform as well as

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: