Axa 100% COR prompts attack on legal fees
Axa UK has claimed its direct personal lines business revenues rose 22% in the first half of 2011, taking total UK & Ireland property & casualty revenues to £2bn, up 4%.
The insurer said it managed to bring down its combined ratio by 2.1 points to 100.0%. Underlying earnings for 2011 were £69m (June 2010: £13m)
Paul Evans, Axa UK & Ireland group chief executive used
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