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Covid losses: Axa France will pay 300 million euros to 15,000 restaurateurs

2021-06-10T15:53:29.186Z

The insurer announced on Thursday the compensation for restaurateurs who had an insurance contract with the group.



The insurance group Axa announced Thursday that it would release an envelope of 300 million euros for 15,000 of its restaurant customers, in order to absorb part of their losses due to Covid-19.

Read also: Axa innovates in healthcare with a service platform

"

It is not a compensation, it is a transaction

" in order to "

put behind us this difficulty, the legal vagueness that we have experienced

" in the file of operating losses of restaurateurs, said on Europe 1 Thomas Buberl, CEO of the Axa group, the target of a long list of court cases that he has so far often lost.

Source: lefigaro

All business articles on 2021-06-10

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