Axa faces “mid-triple digits” event cancellation hit; P&C drives 8% Q1 Axa XL revenue growth

AXA Q1 earnings

Total revenues at Axa XL leapt 8 percent in the first quarter to Eur6.59bn ($7.14bn), driven primarily by an uptick in its P&C insurance business, where revenues climbed 10 percent to Eur4.6bn on the back of strong rate increases.

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