Axa UK reports £148m turnaround in underwriting fortunes
Axa’s UK general insurance operation returned to an underwriting profit in 2024, as its loss ratio plummeted nearly 16 percentage points.
The provider boosted its pre-tax profits to £141m, compared with £63m in 2023, despite a lower investment result of £166m, down from £213m in the previous year.
Axa Insurance UK PLC recorded an
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