Axa Posts 12% Gain in 2014 Profit Led by Life & Savings
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Axa SA, France’s largest insurer, reported a 12 percent jump in full-year profit, buoyed by its life and savings division. The shares rose.
Net income climbed to 5.02 billion euros ($5.7 billion) from 4.48 billion euros a year earlier, Axa said in a statement on Wednesday in Paris. Operating profit rose 7 percent to 5.06 billion euros. The company plans a dividend of 95 cents a share for 2014, up from 81 cents a year earlier.