Axa “unique” in its growth
UK CEO Paul Evans points to seven point COR improvement in five years and says he is “annoyed” by others blaming losses on December flooding.
Axa UK and Ireland is "uniquely, if you look at our competitors, growing" according to UK CEO Paul Evans who said he was delighted by and proud of the company's performance.
Looking to competitors results Evans told Insurance Age: "Results are impacted by floods but I am getting annoyed by the commentary totally blaming the floods."
In its 2015 results, which showed a 97.1% COR and growing revenues of £4.1bn, the insurer revealed it expected the December flooding to cost it around £80m. Home was
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