Investment income recovers but claims costs hit AXA PPP

AXA PPP Healthcare has reported a 6.7% increase in pre-tax profit for the year ended 31 December 2009 to £42.6m driven by improved performance in its non-technical account.The previous year saw investment income fall to just £3.5m as the turmoil in the financial markets took hold. But improved stability in the financial markets in the…