Axa reveals 106.3% UK COR for 2023
Axa Insurance UK has posted an improved 106.3% combined operating ratio for 2023, trimming it from 109.8% the year before. The figures, released in a filing at Companies House, showed gross written premium grew by 19% in the year to £2.75bn. As reported by sister title Post, the insurer recorded an underwriting loss of £103m … Read more