AXA posted FY 2015 total revenues at €98,534m, up 1% on a comparable basis (+7% on reported basis). Life and Savings revenues increased by 7% to €59,211m. New Business APE was up 5% to €7,376m and net inflows amounted to +€9,600m. Life and Savings' New Business Value margin reached 34% and the NBV increased by 2% to €2,490m. P&C revenues gained 6% to €31,265m. THe combined ratio stood at 96.2%. Asset Management's revenues grew by 1% to €3,822m, supported
25 Feb 2016
Strong enough to resist low interest rates
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Strong enough to resist low interest rates
AXA posted FY 2015 total revenues at €98,534m, up 1% on a comparable basis (+7% on reported basis). Life and Savings revenues increased by 7% to €59,211m. New Business APE was up 5% to €7,376m and net inflows amounted to +€9,600m. Life and Savings' New Business Value margin reached 34% and the NBV increased by 2% to €2,490m. P&C revenues gained 6% to €31,265m. THe combined ratio stood at 96.2%. Asset Management's revenues grew by 1% to €3,822m, supported