Axa Assistance reports rise in turnover and profit
Axa Assistance has announced a 5.2% increase in turnover to £829.2m (€929m) for 2010 from £788m in 2009 along with a rise in net profit to £17.8m (2009: £11.2m).
The wholly owned subsidiary Axa Assistance UK reported £139m of turnover with a £3.9m net profit for 2010.
During 2010 Axa Assistance UK brought its claims management back in-house for the home assistance market and invested in a new system to improve the management of a customers' claim.
The company added that the motor operation also continued to achieve strategic and targeted growth in its market share.
Bob Ewers, chief executive officer of Axa Assistance UK & Ireland, said: "Our operation
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