France's AXA spurns EU regulators' plea to halt dividends
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PARIS (Reuters) - French insurer AXA said on Wednesday it would pay a 2019 dividend to shareholders, ignoring calls from EU regulators to pause the payments and conserve cash to better weather the coronavirus outbreak.The European Union's umbrella body for regulators, EIOPA, has urged the temporary suspension of dividends, a move its head told Reuters was backed almost unanimously by the bloc's individual country watchdogs.German insurer Allianz and Italian insurer Generali have also announced..