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PARIS, May 4 (Reuters) - Axa stated it expects its solvency ratio to rise further within the second quarter as the French insurer confirmed on Tuesday its 2021 forecast for farmacia online firm-targeted insurance coverage unit XL, which was badly hit by the COVID-19 pandemic last yr. Axa's Chief Govt Etienne Bouas-Laurent informed reporters after the insurer issued its results. Axa additionally said that XL was on track to reach its 1.2 billion euro ($1.44 billion) underlying result target in 2021 after posting an 1.4 billion euro loss last year. Bouas-Laurent mentioned when asked about XL's performance. Axa reported a 3% drop in income in the primary quarter, with income down 4% in property and farmacia casualty insurance and farmacia 4% decrease in life insurance coverage and farmacia savings. The insurer, which remains to be facing coronavirus-associated disputes over enterprise interruption claims in France, Online Drogerie declined to say how much cash it has put aside to cowl judicial risks. Bouas-Laurent stated some provisions have been a part of the 1.5 billion euros Axa booked final yr as claims for farmacia business interruption and pharmacies en ligne event cancellations as a result of pandemic. farmacia