Generali creates
the Extraordinary International Fund

Generali to Create Fund of up to 100 million Euro for the Covid-19 Emergency

  • 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

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.

Find out more on our commitment to support Clients and Communities to fight Covid-19 via the Generali Extraordinary International Fund! 

GENERALI: €100 MILLION IN FINANCING FOR SMES
GENERALI CONTRIBUTES TO THE PURCHASING OF 20 MILLION MASKS FOR CIVIL PROTECTION
GENERALI DELIVERS THE FIRST LUNG VENTILATORS TO HOSPITALS IN LOMBARDY
GENERALI CREATES FUND OF UP TO 100 MILLION EURO FOR THE COVID-19 EMERGENCY

RELATED INSIGHTS

US EMPLOYMENT POWERS AHEAD IN JUNE, BUT NEW COVID OUTBREAKS CAST RECOVERY DOUBTS
In June the US economy added 4.8 million of jobs, bringing the unemployment rate down to 11.1%.
COVID-19 FACTS & FIGURES
The European Union is expected to release a safe list of destinations for non-essential travels. Russia, Brazil and the Unites States are among countries that will not be part of the initial safe list, while China will be approved only if Chinese authorities also allow in EU visitors.
(WEEKLY PANDEMIC) MARKET COMMENTARY – MIND THE CURVE
The virus is galloping, but less deadly. Covid is spreading like never before, the stats say. 19 June saw 177k new Covid cases, the highest ever.