French Insurer AXA’s Profit Rises 2% as Expected, Confident on Outlook
AXA SA reported first half profit higher than the same period a year ago, as the Paris-based insurer assesses the impact of wildfires currently affecting France and Spain. The French insurance group’s underlying earnings came in up 2% to €4.5 billion, the firm said in a statement Friday, meeting estimates. Net income stood at €4.2…