Axa UK & Ireland COR rises above 100% in H1 after £36m flood hit
Axa UK & Ireland has reported that underlying earnings for the first six months of 2012 improved by 27% to £66m (H1 2011: £52m).
The total P&C current year combined ratio was 100.4% (H1 2011: 100.0%), with a slight deterioration reflecting recent flood claims.
Non-direct property and casualty insurance revenues improved by 5%
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