The Axa brand in Nice (illustration) – SYSPEO
Axa wants to be clear on the words: “this is not a compensation, it is a transaction”. The insurance group announced Thursday that it would release an envelope of 300 million euros for 15,000 of its restaurant customers. The goal is to absorb part of their losses due to Covid-19.
The insurer had to take the lead before finding itself a little more constrained by justice. He is indeed the target of a long list of disputes before the courts with restaurateurs that he has so far often lost.
The goal is therefore 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.