Reuters: Financial Services and Real Estate: AXA says Solvency 1 ratio over 200 pct end-February

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AXA says Solvency 1 ratio over 200 pct end-February Mar 28th 2012, 06:50 PARIS, March 28 | Wed Mar 28, 2012 2:50am EDT PARIS, March 28 (Reuters) - Europe's No. 2 insurer AXA said on Wednesday that its regulatory Solvency 1 ratio, a measure of financial strength, stood above 200 percent at the end of February. Together with an economic capital ratio estimated at 160 percent, the Solvency 1 measure indicated that "AXA's balance sheet remains robust at the end of February 2012," the insurer said in a statement. (Reporting by Christian Plumb; Editing by Elena Berton)

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