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.