Axa Corporate Solutions returns to underwriting profit

Pre-tax underlying earnings at Axa Corporate Solutions nearly
doubled to EUR104mn ($123mn) as the commercial insurance unit swung
back to underwriting profit.
In the first half of 2016, Axa Corporate Solutions had reported
EUR53mn in pre-tax underlying earnings.
The French carrier's commercial insurance division returned
to underwriting profit, with the unit's combined ratio
improving by 2.8 percentage points to 99.2 percent.
The Axa Corporate Solutions all accident year loss ratio
improved by 4