Axa chief Evans confirms broking division is profitable
UK and Ireland CEO says foundations in place with insurer on track to reach 96% COR for 2015.
Paul Evans, Axa UK and Ireland group chief executive, has described himself as "delighted" by the provider's results as it revealed a combined operating ratio of 98.1% across all general insurance business in 2013.
"We are ahead of where we thought we were going to be," he told Insurance Age. "We've made great progress over the last three years."
The insurer has frequently committed to hitting a 96% COR for the 2015 calendar year.
"The foundations for the transformation we launched in 2010 are
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