AXA: Q1 sales up 1% to E31.3bn
(CercleFinance.com) - Axa has reported a 1% increase in sales to 31.
3 billion euros for Q1 2022.
Revenues of the Property & Casualty business increased by 2% to 18.0 billion euros. In Health, revenues increased by 6% to 4.4 billion euros, with growth in most geographies.
Life & Savings revenues decreased by 3% to 8.4 billion euros, with growth in personal risk and unit-linked revenues more than offset by lower revenues from general account products. Asset management revenues were flat at 392 million euros.
Its solvency II ratio stood at 224% at 31 March 2022, up 7 points compared to 31 December 2021.
Copyright (c) 2022 CercleFinance.com. All rights reserved.
3 billion euros for Q1 2022.
Revenues of the Property & Casualty business increased by 2% to 18.0 billion euros. In Health, revenues increased by 6% to 4.4 billion euros, with growth in most geographies.
Life & Savings revenues decreased by 3% to 8.4 billion euros, with growth in personal risk and unit-linked revenues more than offset by lower revenues from general account products. Asset management revenues were flat at 392 million euros.
Its solvency II ratio stood at 224% at 31 March 2022, up 7 points compared to 31 December 2021.
Copyright (c) 2022 CercleFinance.com. All rights reserved.