Axa posts 5% increase in underlying profit

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Business Insurance - Aug 04, 2023

French insurer Axa SA’s profit increased by 5% year-on-year to €4.11 billion ($4.49 billion) in the first half of the year, driven by higher premiums and below-average damage claims for natural catastrophes in the firm’s property and casualty business, Reuters reported. The underlying profit is abov...

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