Axa UK COR falls to 97.1%
Results for 2015 in UK and Ireland show GI and healthcare revenues up 7% to £4.1bn.
Axa UK and Ireland has posted an improved COR of 97.1% (2014: 98.0%) for the full year 2015.
The insurer also said its general insurance and healthcare division saw revenues increase 7% to £4.1bn (2014: £3.8bn).
Meanwhile underlying earnings also grew 25% to £312m, up from £250m, something that Axa said represented the fifth year of double digit earning growth.
UK and Ireland CEO Paul Evans said he was delighted that Axa had delivered impressive revenue growth without compromising profitability
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