AXA’s Q1 19 total gross revenues increased by 2.7% to €34,953m on a comparable basis (up 13.5% as reported). The European markets, including France, contributed up to 55.7% to the group’s revenues. The integration of XL is visible and the P&C business represented 49.4% of total revenues vs. 39.5% last year. The insurer has not released its combined ratio for the period, making it difficult to appreciate the impact on operating earnings. AXA is progressing well towards the
06 May 2019
Positive signs for 2019
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Positive signs for 2019
AXA’s Q1 19 total gross revenues increased by 2.7% to €34,953m on a comparable basis (up 13.5% as reported). The European markets, including France, contributed up to 55.7% to the group’s revenues. The integration of XL is visible and the P&C business represented 49.4% of total revenues vs. 39.5% last year. The insurer has not released its combined ratio for the period, making it difficult to appreciate the impact on operating earnings. AXA is progressing well towards the