Axa reveals 1% growth in UK P&C business

denisduverne-axa

For the group overall P&C revenue increased 3% to €21.09bn from €20.29bn in the previous year. Personal lines revenues, 60% of total P&C revenue, increased 4% whereas commercial lines revenues were only up 2%.

The group's total revenues slipped 2% to €66bn.

The insurer noted that personal motor revenues increased by 4% including an 8% rise in direct revenue being driven mainly by UK rate increases.

For non-personal motor, the UK again contributed notably to a 31% rise in direct business

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: