Axa UK & Ireland revenue grows to £2.5bn
COR improves to 97.2%.
Axa UK & Ireland has seen its revenue go up to £2.5bn for the first half of 2018, from £2.4bn in the same period in 2017.
Interim results showed that underlying earnings also increased to £145m (H1 2017: £113m). The combined operating ratio improved to 97.2% from 98.4%.
According to Axa the growth was partly driven by its commercial division which saw revenues rise to £730m from £690m the previous year.
The picture was different for personal lines which had reduced revenue of £797m compared
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