AXA surprises by more than doubling first-half profit; renews CEO's term

02-08-2021

AXA surprises by more than doubling first-half profit; renews CEO's term

Profit and revenues soared at global insurer AXA in the first half of 2021 driven by strong growth in all lines of business and geographies. The group's chairman credited chief executive Thomas Buberl (pictured) for its "profound transformation" in the face of a crisis, and proposed renewal of his contract for another four-year term. Meanwhile, Buberl expressed a bullish view on achieving its earnings target of €1.2 billion in 2021, taking advantage of the continued favorable pricing momentum and good underwriting.


AXA, Profits, H1 Results, Insurance, Reinsurance, Thomas Buberl, Denis Duverne, Europe

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