Axa UK posts 5% revenue growth
COR improves to 97.7%.
Axa UK and Ireland has posted a 5% revenue growth in its general insurance business, according to its financial results for the first six months of 2017.
According to the insurer its GI and healthcare revenues were £2.4bn for the time period, compared to £2.3bn in the first six months of last year.
In addition, its healthcare and GI combined operating ratio (COR) improved slightly to 97.7%, compared to the 98.2% it achieved last year.
The provider further reported underlying earnings of £114m
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