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India: Insurer Bharti AXA focuses on commercial lines

April 8, 2014 - 6:00am

Bharti AXA General Insurance Co. Ltd. is focusing on its commercial lines, which has seen a growth of more than 40% in the last few years, Financial Chronicle reported.

Marine and engineering are among the segments where the insurer has recorded growth.

The insurer's CEO Amarnath Ananthanarayanan said "modest catastrophe losses have upped the profitability" in global commercial lines insurance.

Mr. Ananthanarayanan added "globally AXA is a strong player in commercial lines and we are getting aggressive in India as well."

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