Axa shares surge 21% to lead green week for European P&C stocks
Shares in Europe’s largest insurer Axa surged over 21 percent last week in a widespread green week for the continent’s P&C stocks with markets buoyed by reports of significant market hardening at the 1 June Florida renewals, better than expected US jobless figures and a wave of fresh stimulus measures from the European Central Bank (ECB).
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