Insurance Post

Axa's P&C revenues remain flat in H1

Axa UK and Ireland reported a 33% rise in underlying earnings for the first six months of 2013 to £89m, compared with £66m in the first half of 2012.

Property and Casualty insurance revenues remain flat at £2bn, and the combined ratio for the segment reduced of 2.3 points to 98.7% (H1 2012: 101.0%).

UK commercial lines were up 11% owing to higher

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