Axa 9-month revenue inches down, sees no major catastrophe impact

(Reuters) — French insurer Axa S.A. reported a 0.5% decline in nine-month revenue as lower sales of savings products took the shine off a stronger performance in property/casualty insurance and asset management.

Revenue stood at €75.4 billion ($87.9 billion), the insurer said.

The insurer also said that natural catastrophes that had happened in Mexico and the United States over the third quarter had no significant impact on the group.