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Axa chief warns insurers may not cover repeated urban violence

Original: thomas buberl

Thomas Buberl, chief executive of insurance giant Axa, has warned that insurers may no longer be able to compensate victims of future urban violence, urging the French state to take its internal security mandate seriously. The warning follows rioting in France, with Buberl saying repeated unrest could make such damage uninsurable.

Why now: Renewed fears of urban unrest in France have raised questions about who pays for the damage and whether insurers can keep covering it.

Thomas BuberlAxaFrance

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