Axa UK reports GI growth
Axa UK today reported that its underlying earnings increased 138% to £99m from £41m for the first six months of 2004, posting a combined ratio of 98.5%, an improvement of 3.9 points. UK gross revenues increased by 4% to £3.6 bn.
In a stamement Axa added total revenue in Axa UK’s general businesses increased from £1.54bn to £1.62 bn driven by strong premium rate growth in liability classes and higher average premiums in healthOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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