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Axa: benefits from strong growth in France

(CercleFinance.com) - Axa's Q1 2018 revenues grew by 2% to 30.
8 billion euros.

This growth is mainly thanks to strong growth in France (+8%), thanks to life activities, savings and retirement and health in Europe (+1%) driven by growth in P&C and health in all countries in Asia (+3%), particularly thanks to Hong Kong and Japan, and internationally (+3%), with strong growth in health in Mexico.

However, this growth was partially offset by the US (-3%), with the decline in sales in index-linked products only partially offset by increased revenues at AB.

Net inflows reached 2.5 billion euros, mainly supported by strong net inflows for providence and health.

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