AXA reins in reinsurance as core insurance lines drive Q1 performance


Commercial lines rose 3% to €13.2 billion. AXA XL Insurance grew 2%, with expansion in property and specialty classes where margins remain attractive, partly offset by lower volumes in casualty. The French commercial portfolio expanded 6%, supported by both rate and volume, while Asia, Africa and EME‑LATAM were up 10%, again helped by pricing in Türkiye.



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