Axa UK GI earnings dip 63% after £157m fire and weather losses.
Globally, Axa Group reported underlying earnings down 6% to €3854m versus 2008, adjusted earnings down 8% to €3468m and net income up 283% to €3606m (on a comparable basis).
Axa UK this morning reported a 18% drop in its profit in 2009 to £235m (2008: £288m).
The general Insurance and health business saw underlying earnings decline by 63% from £244m in 2008 to £90m in
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