Insurance Post

Axa posts solid global first half results despite 'headwinds'

axa-thomas-buberl

Axa's underlying profits were flat at €3.1bn (£2.6bn) in the first half of 2016 compared to the same period last year, with net income climbing 4% to €3.2bn.

Total revenues in the first half declined marginally from €54.3bn (H1 2015 - restated after sale of Axa UK life and savings) to €54bn. Axa managed to increase property and causalty revenues 4% with a

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