Both the protection and healthcare arms of AXA contributed to the company's UK and Ireland earnings rising 2% for the first half of the year.
The insurance giant reported earnings of £186m in what it termed "testing trading conditions". Globally, AXA reported underlying earnings versus H1 2008 down 26% to €2,116m, and adjusted earnings down 50% to €1,736m. In the UK and Ireland, underlying earnings increased by 2% from £183m in H1 2008. Growth in healthcare has continued with revenues increasing 3% from £585m in H1 2008 to £605m in H1 2009. The corporate business is performing well with revenues up 9% mainly in International markets, particularly in the Middle East, with modest growth within the UK. Despite achieving averag...
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