AXA has reported a 6% decline in its international insurance...
In its property and casualty lines AXA said revenues increased by 3% to €17.9bn. Personal lines business grew 4% while its commercial lines business increased by 6%.
AXA has reported a 6% decline in its international insurance revenues while in most other areas of its business the company said it had seen increased revenues.
In its year end results published today the company said AXA Re had reduced its revenue by 15% bringing international insurance revenues down by 6% to €3.4bn.
The company said growth had been offset by the restructure of other lines.