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

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 billion euros as earnings from life...

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