AXA’s 9M 18 total revenues increased by 4% to €79,680m. The business mix continued its transformation with the preferred segments contributing up to 60% of the group’s revenues. AXL XL recorded an improvement in prices, but the adverse weather conditions in Q3 and the beginning of Q4 should lead to an excess of €400m compared to the normalised level for Nat Cats for H2 19. The Solvency II continued its downward trend, but remained within the targeted level.
07 Nov 2019
Strong start to the hurricane season for AXA XL
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Strong start to the hurricane season for AXA XL
AXA’s 9M 18 total revenues increased by 4% to €79,680m. The business mix continued its transformation with the preferred segments contributing up to 60% of the group’s revenues. AXL XL recorded an improvement in prices, but the adverse weather conditions in Q3 and the beginning of Q4 should lead to an excess of €400m compared to the normalised level for Nat Cats for H2 19. The Solvency II continued its downward trend, but remained within the targeted level.