Axa UK motor book grows 31%

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Axa has reported that property & casualty revenues were stable at $9.24bn (£7.83bn) compared to the first quarter of 2009 ($9.1bn).

In the UK, IFRS revenue rose 1.4% on a reported basis to $982m (Q1 2009: $968m) in the first quarter of 2010. Across the business, personal lines were up 3% benefiting mainly from a 2% average price

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