Insurance Post

Axa hits back at 'ludicrous' motor profit allegations

argument

Axa has challenged Thompsons Solicitors to provide evidence of wrongdoing following allegations the insurer was failing to meet an International Financial Reporting Standards requirement in relation to revealing how much profit it generates.

Thompsons claimed both Axa and Aviva do not reveal the profit they make from UK motorists despite car insurance contributing more than 10% of their overall profit, which triggers a requirement under

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 info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

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 individual account here