Axa pegs Covid-19 exposure at Eur1.5bn; slashes dividend

Axa share price i

Europe’s largest insurer Axa has disclosed a pre-tax coronavirus loss estimate of Eur1.5bn ($1.7bn) and announced it will cut its dividend proposal from Eur1.43 per share to Eur 0.73 per share as a result of continued regulatory pressure.

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