Insurance Post

Axa sees P&C revenue up 3% to Euros 15.4bn in first half of 2011

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Axa Group has revealed that underlying earnings are up 10% to Euro 2.2bn (£1.34bn) in the first half of 2011.

It added net Income quadrupled to Euro 4.0bn and that its property & casualty current year combined ratio was down 3.8 pts to 99.2%.

In property & casualty revenues increased by 3% to Euro 15.4bn.

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