---
title: "AXA 1H26 underlying earnings rise 4% to Euro 4.5 billion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294456551.md"
description: "AXA reported a 4% rise in first-half 2026 underlying earnings to EUR 4.54 billion, with net income up 9% to EUR 4.17 billion. Underlying EPS increased 8% to EUR 2.19, driven by share buybacks and higher earnings. Gross written premiums grew 5% to EUR 66.29 billion, led by Life & Health. The Solvency II ratio improved to 218%, and the company guided for 2026 underlying EPS growth at the upper end of its 6%-8% target range."
datetime: "2026-07-31T05:01:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294456551.md)
  - [en](https://longbridge.com/en/news/294456551.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294456551.md)
generator: "portal-rs"
---

# AXA 1H26 underlying earnings rise 4% to Euro 4.5 billion

-   AXA posted 1H26 underlying earnings of EUR 4.54 billion, up 4%, while net income climbed 9% to EUR 4.17 billion. \* Underlying earnings per share rose 8% to EUR 2.19, reflecting share buybacks alongside higher underlying earnings. \* Gross written premiums and other revenues increased 5% to EUR 66.29 billion, led by Life & Health up 8% to EUR 31.16 billion. \* Property & Casualty premiums rose 3% to EUR 35.07 billion; underlying earnings grew 6% to EUR 3.18 billion, with the combined ratio at 90.1%. \* Solvency II ratio improved 3 percentage points from Jan. 1 to 218%; AXA guided 2026 underlying EPS growth at the upper end of its 6%-8% target range. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AXA SA published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**