Axa France to offer restaurateurs EUR300m in BI settlements
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement



Axa France to offer restaurateurs EUR300m in BI settlements

Axa-logo-on-sign.jpg

Axa France will offer settlements to 15,000 restaurant owners in a bid to resolve disputes over non-damage BI claims via an “unprecedented” national scheme that will cost the carrier around EUR300mn ($360mn).

Amid protracted legal uncertainty from disputes with policyholders, Axa France announced today it will make the offer, which will include an extension of the guarantee of operating losses following an administrative closure, to restaurant customers holding its standard policy.

Axa...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article