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Axa Full-Year Profit Rises 12% on Life-Insurance Premiums

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Chinese Business Remains Strong for Axa

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Axa SA, France’s largest insurer, said 2015 profit rose 12 percent, helped by higher life-insurance sales in Europe and Asia. The shares rose.

Net income climbed to 5.62 billion euros ($6.2 billion) from 5.02 billion euros a year earlier, the Paris-based company said in a statement on Thursday. That beat the 5.39 billion-euro average estimate of eight analysts surveyed by Bloomberg. The shares rose as much as 4.1 percent in Paris and were trading at 20.1 euros at 09:35 a.m.