French insurer Axa has reported a 12% rise in net profits after goodwill to Euro1.22bn (£758.6m), for the six months to June. This was below expectations of net profits between Euro1.46bn and Euro1.5bn. Net profits before goodwill were Euro1.54bn (£953.1m).
Axa said it was helped by improvements in its property and casualty business which offset a slowdown in the life industry in its main markets. Assets under management rose by 6% to Euro950bn (£588bn) in the six months from December 31, 2000.
The firm said its actions to re-position the business were helping its profitability, but it warned that the global outlook for the insurance industry was uncertain.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
