Axa's book of motor business fell while its commercial property and liability business soared in the first six months of 2002.
Private motor premiums fell by 18% and commercial motor by 5% compared to the same period last year, while commercial non-motor shot up by 28% compared to the first six months of 2001.
The liability book grew by 32% and the property book by 27% compared to last years' interims. Both figures were aided by hard market conditions.
Axa said that personal motor and househoild fell 18% and 11% respectively due to better risk selection and other factors.
Axa Corporate Solutions reinsurance revenues rose by 14% to 2.2562m Euro in the first six months of this year compared to teh same period in 2001 and its insurance premiums rose 35% to 1.029m Euro over the same period.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
