AXA PPP Healthcare sees its profits dip

Axa PPP Healthcare the Uk’s second largest private medical insurance provider, achieved a creditable 5% in premiums written to £1,090m in ‘challenging’ conditions.The company grew its premiums revenue to to over £1bn and increased gross margins by keeping insurer claimes down. however its PBT?and profits fell because of higher ‘ther expenses which increased to 254m…