AXA's loss of exclusivity from the RAC cost it a sharp fall in personal motor premiums, which were down 24% in the first half of 2003.
AXA was RAC's only underwriter last year but now operates a panel on behalf of the motoring organisation.
The UK element of the group's international insurance operation also suffered, with a portfolio reshuffle sending property premiums down by 59% and casualty down by 28% in the first half of 2003. But overall, UK property and casualty sales grew by 3.3% on a comparable basis to €1,933m (£1,366m) from €1,458m (£1,031m) last time around.
Commercial non-motor revenues increased 23% owing to rate increases and new property account wins.
The French group's total property and casualty revenues were up 3.7% to €9.3bn (£6.6bn) in the 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.
