AXA has set targets to double revenues and triple underlying earnings by 2012.

The insurer hosted a presentation yesterday on the theme of "The Benefits of Being Global" which discussed the internal company-wide project "Ambition 2012". The project is aimed at mobilising all employees on organic growth.

The company set a combined ratio target of 96%-101% (98%-102% previously) and to continue on a process of risk diversification.

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