Axa XL swings to EUR1.4bn 2020 loss on Covid-19 claims
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Axa XL swings to EUR1.4bn 2020 loss on Covid-19 claims

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Axa XL reported a loss of EUR1.4bn ($1.7bn) in 2020, driven by claims in BI, event cancellation, and other lines including credit and financial lines, as well as elevated natural catastrophes in the Atlantic.

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