AXA SA
CS: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€88.00 | Lfk | Grpm |
AXA Q1 2022 Activity Indicators Show a Business Continuing To Orientate Toward Preferred Risks
AXA has reported indicators for the first quarter of 2022 showing a firm that continues to pursue preferred risks. Total revenue within property and casualty climbed 2% to EUR 18.0 billion with stronger growth coming from commercial lines and movement away from reinsurance. Growth in commercial predominantly came from Germany, Switzerland, and AXA Assistance as the company sees a recovery in travel insurance. Within the personal lines segment of property and casualty, investors have seen a 1% decline in motor insurance revenue. Nonmotor has shown a 5% increase.