Axa UK on track for 96% COR by 2015, claims CEO Evans
Axa UK and Ireland group chief executive Paul Evans is confident the business will achieve a combined operating ratio of 96% by 2015 after pointing to an improving motor COR of 99.1% as an indication transformation plans are paying off.
Speaking to Post this morning following the publication of Axa's 2013 full year results, in which the COR was at 98.1% excluding reserve movements, Evans claimed the UK and Ireland operation was "a
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