AXA: business up in Q1

(CercleFinance.com) - AXA announces a 6% increase (on a comparable basis) in gross written premiums and other revenues in Q1, reaching E34bn, compared with E31.
8bn a year ago.

This increase was driven by property-casualty insurance (+7%), life and health insurance (+6%) and asset management (+3%).

AXA recorded strong organic sales growth across the group, in line with the new strategic plan presented at the beginning of the year. The group also continues to operate at a high Solvency II ratio, reaching 229% at the end of March 2024, reflecting its capital generation capacity, it adds.


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