AXA UK general insurance revenue increased from £1.54bn to £1.62bn for the first half of 2004.
AXA said the hard market in "liability classes and higher average health premiums" helped push revenues up.
AXA UK's net combined ratio also continued to improve, dropping from 102.4% to 98.5%.
In personal lines, the insurer has continued to grow its corporate partner and intermediary channels. It said that a new scheme has been secured with Capital One to provide creditor insurance.
In the UK and Ireland, revenues increased by £134m to £3.63bn based on growth in investment and group pension sales, and commercial and SME sectors.
Globally AXA Group reported underlying earnings up 32% to Euro 1.4bn with all major businesses recording underlying earnings growth of between 25%-40%. Expenses were also down for the first half of the year by Euro 49m over the same period in 2003.
