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CS Axa

31.87
-0.57 (-1.76%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Axa EU:CS Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.57 -1.76% 31.87 31.82 32.40 32.57 31.84 32.41 5,025,128 16:40:00

AXA 9-Month Revenue Rises to EUR76 billion

03/11/2016 5:34pm

Dow Jones News


Axa (EU:CS)
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From May 2019 to May 2024

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By Noemie Bisserbe

 

PARIS--French insurer AXA SA (CS.FR) Thursday reported a rise in total revenue in the first nine months of 2016, boosted by higher sales in its property and casualty insurance business.

Europe's second-largest insurer by market value said revenue rose to 76 billion euros ($84.72 billion) in the nine months to the end of September from EUR75.3 billion a year earlier.

Revenue at its life and savings division slipped 0.9% to EUR44.2 billion, while property and casualty revenue was 2.3% higher at EUR25.4 billion.

Asset management revenue fell 6.5% to EUR2.7 billion.

The company said its solvency ratio--a key measure of an insurance company's financial strength--stood at 191% at the end of September.

 

Matthew Dalton in Paris contributed to this article.

 

Write to Noemie Bisserbe at noemie.bisserbe@wsj.com

 

(END) Dow Jones Newswires

November 03, 2016 13:19 ET (17:19 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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