AXA revenue rise
AXA reported a 2.3% increase in revenues for the first quarter of 2004, up to E20bn compared to the first quarter of 2003. Without taking account for...
AXA revenue riseAXA reported a 2.3% increase in revenues for the first quarter of 2004, up to E20bn compared to the first quarter of 2003. Without taking account for currency changes or scope, revenues were down 1.9% on the first quarter of 2003. Personal lines GWP grew 4% while commercial lines GWP grew 9% compared to the first quarter of 2003.
Benfield cyclone reportReinsurance intermediary Benfield has released its 2003 Tropical Cyclone Season Report on an interactive CD-Rom.
Compliance standardsThe Financial Services Skills Council (FSSC) and the International Compliance Association (ICA) are to develop standards of competence for compliance service providers. The two organisations have asked for the co-operation of the insurance industry in developing these standards.
ABI critical illness guideThe ABI is consulting the industry to create a guide to critical illness insurance definitions. The guide is aimed at IFAs, customers, and claims assessors.
Industry customer focusResearch done by data specialists CDMS across the financial services industry found that 51% of insurance companies regularly consulted their customers in an effort to understand customer preferences.
New Atradius chief Credit management and insurance specialist Atradius has appointed Wilfried Verstraete as chairman and chief executive. Prior to his appointment, Verstraete was chief financial officer for Wanadoo, Orange and Mobistar.