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Business interruption to account for most COVID-19 claims: Axa

Posted On: Jun. 4, 2020 10:16 AM CST

French insurer Axa SA expects business interruption and event cancellation claims to account for most of the COVID-19 property/casualty claims, which are forecast to total €1.2 billion ($1.3 billion), Artemis reports. The insurer also expects claims from its other lines of business such as directors & officers liability insurance.

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