Axa XL posts H1 profit of EUR688mn despite EUR300mn Ukraine hit
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Axa XL posts H1 profit of EUR688mn despite EUR300mn Ukraine hit

Aisling Finn
03 August 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
axa_london_logo_2022.png

Group underlying earnings at Axa reached EUR3.9bn ($3.97bn) in the first half of the year, while subsidiary Axa XL grew underlying earnings by 1% to EUR688mn on the same period last year.

The group earnings were largely driven by higher investment income, including reinvestment yields, growth in health and commercial lines, as well as favourable pricing movements in various classes.

The

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

Axa XLResultsNews
aisling finn/aisling finn ii ils.png
Aisling Finn
Contact
Gift this article