March 2020
• The Board of Directors approved the Creation of an Extraordinary International Fund
• Up to 30 million Euro will immediately be utilized for the Health Emergency in Italy
• The fund will also help restart the economic recovery
Turin – At a meeting chaired by Gabriele Galateri di Genola, the Assicurazioni Generali Board of Directors approved the creation of an Extraordinary International Fund of up to 100 million Euro dedicated to the fight against the Covid-19 emergency on an international level. The fund, which will primarily assist Italy but will also be available in other countries where Generali operates, will offer immediate assistance in this quickly evolving crisis and, in the medium term, aims to support economic recovery efforts in the countries affected. Generali employees will be able to donate to the fund.
Assicurazioni Generali Chairman Gabriele Galateri di Genola and Generali Group CEO Philippe Donnet commented: “With this extraordinary fund, we commit a concrete pool of resources immediately to respond the Covid-19 emergency. Generali wants to be a leader in the international community to face what is both a health crisis but also an economic crisis. We all have to work together to fight this battle. We are a part of both Italian and European history, and in line with our heritage, we have and we will do everything we can to benefit the well-being of all.”
Find the full press release here.