AXA announces a 6% increase (on a comparable basis) in gross written premiums and other revenues in the 1st quarter, reaching 34 billion euros, compared with 31.8 billion euros a year earlier.

This increase was driven by property-casualty insurance (+7%), life and health insurance (+6%) and asset management (+3%).

'AXA achieved a very good performance in the first quarter of 2024,' says Alban de Mailly Nesle, AXA's Chief Financial Officer.

We recorded strong organic sales growth across the Group, in line with the new strategic plan presented at the beginning of the year. The Group also continues to operate at a high Solvency II ratio, reaching 229% at the end of March 2024, reflecting our capital generation capacity', he added.

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