"As restaurants are finally allowed to welcome their customers again, we are taking this initiative so that everyone can look to the future and focus on the restart of economic activity," said Patrick Cohen, CEO of AXA France, in a June 10th press release. (Photo: Christophe Morin/Bloomberg)
AXA has agreed to pay 300 million euros (approx. $365 million) to settle 15,000 claims from French restaurant owners who were forced to shut down their businesses during the coronavirus pandemic in 2020.
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Heather A. Turner
Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].
