Business · Companies · 10 hrs ago
Axa revenue rises 5% to €93 billion in first nine months
French insurer Axa's revenue rose 5% in the first nine months of the year, reaching €93 billion in gross premiums and other income.
The company announced the figures in Paris on Thursday.
Its growth continued at the pace seen in the first half of the year.
Property and casualty insurance revenue grew 3%, while life and health insurance grew 7%.
These figures show growth across both major insurance businesses.
Axa kept its forecast for the current year unchanged.
The company did not give further details about what it expects for the rest of the year.
Axa’s gross premiums and other income rose 5% to €93 billion in the first nine months of the year.
The French insurer said the momentum from the first half continued.
Property and casualty business grew 3% over the nine-month period.
Life and health insurance business grew 7%.
Axa confirmed its forecasts for the current year.
- Who
- Axa, the French insurer.
- What
- Gross premiums and other income rose 5% to €93 billion.
- When
- In the first nine months of the year; Axa announced the results on Thursday evening.
- Where
- Axa announced the results in Paris.
- Why
- Not stated
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- Revenue
- €93 billion in gross premiums and other income
- Growth
- 5% compared with the same period a year earlier
- Property and casualty
- 3% growth in the first nine months
- Life and health
- 7% growth in the first nine months
- Forecasts
- Confirmed for the current year