Axa UK shifts focus to commercial as it makes profit
Axa UK and Ireland saw a combined operating ratio of 98.4% for its property and casualty business, an improvement on the 99.1% in the previous year.
The insurer saw declining revenues in its personal lines P&C classes in the UK and Ireland for the year, with an increase in its commercial business.
The commercial motor book grew by 9.4% to €689m (
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