Axa third quarter GI result boosted by 35% increase in UK motor reveune
Axa group this morning reported that property & casualty revenues increased by 0.7% to €21.4 bn (£18.7bn) largely as a result of a 3.9% growth in individual lines (largely driven by a 3.4% average price increase).
However, Axa said this was partly offset by a 3.8% decrease in commercial lines where the 2.0% average price increase was more than compensated notably by lower volumes from more selective
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