Axa P&C rate increases boost revenues

Average rate increases of 2.3 percent helped French insurance giant
Axa boost its P&C revenues by 1 percent over the first nine
months of the year.
The global insurer's trading update showed that revenues
reached EUR24.8bn ($27.4bn) in the year to 30 September, with the
modest increase in top line primarily driven by personal lines.
Mature markets were reported as "stable", with tariff
increases in France, the UK and Ireland, and Germany offset by
lower volumes in Spain and construction...