Skip to main content

UK in the firing line as Axa seeks Euros 1.5bn cost savings in 'mature markets' - updated

Henri de Castries

The UK is likely to be among the areas where Axa will seek cuts as part of a four year plan it will outline today at an investors meeting.

The group has admitted that it is seeking Euro 1.5bn pre-tax cost savings in 'mature markets' by 2015, of which two thirds is set to come from the property and casualty side of the business.

Among the

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: https://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

Show password
Hide password

Is aviation insurance entering a new era of risk?

How aviation insurers are navigating a rapidly changing risk landscape, from increasingly complex aircraft technology and composite materials to geopolitical conflict and cyber threats, is explored in the latest Insurance Post Podcast.

Q&A: Matt Perkins, Hiscox UK

Matt Perkins, trading director, high net worth, art and collections at Hiscox UK, discusses underinsurance, first-generation wealth, and the changing shape of the HNW market.

Most read articles loading...

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