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AXA's 9-mth revenue inches down, sees no major impact from recent natural disasters
November 2, 2017 / 4:54 PM / 17 days ago

AXA's 9-mth revenue inches down, sees no major impact from recent natural disasters

PARIS, Nov 2 (Reuters) - French insurer AXA reported a 0.5 percent decline in nine-month revenues, as lower sales of savings products took the shine off a stronger performance in property and casualty insurance and asset management.

Revenues stood at 75.4 billion euros ($87.9 billion), up 0.1 percent on a like-for-like basis.

The insurer also said that natural catastrophes that had happened in Mexico and the United States over the third quarter had no significant impact on the group.

$1 = 0.8579 euros Reporting by Maya Nikolaeva and Dominique Rodriguez; Editing by Sudip Kar-Gupta

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