Insurance

Insurance protects AXA's finances

Wednesday 16th of February 2011

It says earnings for financial protection were up 28% from $25.6 million o $32.7million due to improved claims and expense experience.

Overall there was a 4% reduction in total insurance new business. Group insurance business was down 47% though individual business was up 10% on 2009.

The company cited increased activity ahead of life insurance products tax changes, coming into ef...

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