European shares rally on improving data, insurers jump

(Reuters) - European shares rallied on Wednesday, with insurers jumping after France's AXA said it would pay a dividend, while improving global data spurred bets of faster economic recovery from the coronavirus crisis. The pan-European STOXX 600 rose 2.5% to close at its highest since March 6, with Germany's DAX outpacing the rest of Europe with a 3.9% gain.The German index recorded its strongest close since Feb 27, and is just 9.5% below its all-time high. European markets have performed..