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Axa reports a loss for first half profits

Monday, August 9, 2010

Axa, the French insurance company, have this week revealed that they suffered a loss in their net profit of twenty-nine percent for the first half of the year. The firm attributes the loss to reduce capital as a result of selling some of their United Kingdom product offerings. This news comes on the back of other insurance competitors such as Aviva announcing excellent profits from the first six months of 2010.

Axa reported that they have suffered a net loss of 1.478 billion Euros, foll ... Read full article

Category: Life Insurance

Aviva shows healthy profits following focus on Life insurance

Friday, August 6, 2010

Aviva, the second most successful insurance company in the UK, announced their first half profits yesterday. According to the report, their profits have trebled within half a year, to £2.1bn. This constitutes a phenomenal rise of over twenty percent from last year’s figures.

As a result of the announcement, Aviva’s shares soared in popularity, going up by an extremely healthy eight percent within one morning. The success of the company has been attributed primarily to excellent advertis ... Read full article

Category: Life Insurance
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