AXA reduces XL cat exposure by 40%
02-08-2018
French insurer AXA has reported a decline in net earnings in the first half of 2018 due to the impairment of intangible assets linked to the transformation of its Swiss Group Life business, the negative impact from the change in the fair value of financial assets and derivatives, as well as exceptional charges linked to the IPO of AXA Equitable Holdings.
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AXA, Results, P&C, Catastrophes, Insurance, Thomas Buberl, Europe,
