Monday, August 3, 2009

Axa May Say First-Half Profit Fell on Life Insurance Business (Bloomberg)

Aug. 4 (Bloomberg) -- Axa SA , Europe’s second-biggest insurer, may say first-half profit dropped on lower earnings at its life and savings business. Net income probably fell 63 percent to 801 million euros ($1.15 billion) from 2.16 billion euros a year earlier, according to the median estimate of 11 analysts surveyed by Bloomberg News. Underlying profit may have dropped 32 percent to 1.88 ...

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