Axa 9M P&C revenue climbs to €38.5bn boosted by XL growth of 6%

Axa reported a 5 percent increase in revenue across its P&C operations during the first nine months of the year to €38.5bn ($44.5bn), with its Axa XL unit expected to incur a pre-tax hit of €400mn from Hurricane Ida, net of reinsurance.