AXA Posts Growth in Marine and Aviation Business

Thursday, April 12, 2007
The marine and aviation division of AXA Corporate Solutions continued to make substantial progress and grow market share in 2006, the Paris headquarters reports. AXA Corporate Solutions, the specialized lines insurer within the giant AXA Group, showed a 5% growth in turnover, reaching €1.689 billion in 2006, while keeping its combined ratio at 100%. Patrick de La Morinerie, deputy chief executive of the company and responsible for marine and aviation, said today: The company is one of the players in marine insurance. In 2006, 22 percent of its marine business came from French clients and 78 percent from the rest of the world. Major renewals of programs at the beginning of this year were secured. In the U.K., cargo insurance is growing rapidly under an initiative to target high-end U.K. clients, and several big multinational accounts have been won.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

US Navy Tests Latest Aegis Weapon System

The U.S. Navy conducted a series of cooperative air defense test exercises with the Spanish navy that culminated in live missile firing events using the latest Aegis Weapon System baseline July 20-21.

Antwerp Port CEO Scoops Baron Title

After 25 years as CEO of Antwerp Port Authority, Eddy Bruyninckx has been raised to the nobility by H.M. the king of Belgium with the rank of baron. In Belgium

SENER Presents Two FORAN Papers at the Morintekh

In June, the SENER engineering and technology group participated in the 17th Morintekh – Praktik 2016 Scientific Conference, in the city of St. Petersburg, Russia.

 
 
Maritime Contracts Maritime Security Maritime Standards Pipelines Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0697 sec (14 req/sec)