Thomas Buberl, chief executive officer of AXA SA, speaks during the BPI France forum in Paris, France. (Photo: Christophe Morin/Bloomberg)
(Bloomberg) – Axa SA gave under-fire Chief Executive Officer Thomas Buberl a needed boost with first-half earnings that beat estimates and growth in new business.
Axa, posting its first results since a disappointing partial spinoff of the French insurer's U.S. unit, reported strong profitability across the firm and said first-half underlying earnings per share rose 6% to 1.33 euros, exceeding estimates. New business volumes grew strongly in health and protection.
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