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JPMorgan European Discovery Trust NAV rises by 66 2% outperforming benchmark by 8 3%

JPMorgan European Discovery Trust NAV rises by 66 2% outperforming benchmark by 8 3%
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A joint effort to boost the European recovery

In 2021, Generali celebrates its 190 th anniversary. It is not only a significant milestone that few companies can boast, but also an opportunity to honour our history by continuing to play an ever-increasing active corporate citizenship role that goes beyond our day-to-day business. Philippe Donnet is the CEO of the Generali Group. Generali’s purpose, as one of the largest global insurance and asset management companies, is to enable people to shape a safer future by caring for their lives and dreams. We aim to be a Lifetime Partner for our customers, be those individuals, families or businesses, and we take part in the communities in which we operate.

To protect businesses from pandemic risk, governments need to be insurers of last resort : new Geneva Association report | News

- The first report in this series,  An Investigation into the Insurability of Pandemic Risk, revealed that business interruption risk is uninsurable by insurers alone: compared to projected global output losses of more than USD 4 trillion for 2020 due to the pandemic, the global P&C insurance industry collects USD 1.6 trillion in annual premiums, with just an estimated USD 30 billion for business interruption policies. - Capital at risk makes it impossible for private insurers to offer meaningful pandemic business interruption coverage, but they can make important non-risk bearing contributions that leverage their expertise in risk assessment, risk mitigation and claims management. 

To protect businesses from pandemic risk, governments need to be insurers of last resort : new Geneva Association report

To protect businesses from pandemic risk, governments need to be insurers of last resort : new Geneva Association report Public-Private Solutions to Pandemic Risk , outlining four possible government-led schemes: 1) direct insurance, 2) reinsurance, 3) social insurance and 4) post-event protection. - The first report in this series, An Investigation into the Insurability of Pandemic Risk, revealed that business interruption risk is uninsurable by insurers alone: compared to projected global output losses of more than USD 4 trillion for 2020 due to the pandemic, the global P&C insurance industry collects USD 1.6 trillion in annual premiums, with just an estimated USD 30 billion for business interruption policies. - Capital at risk makes it impossible for private insurers to offer meaningful pandemic business interruption coverage, but they can make important non-risk bearing contributions that leverage their expertise in risk assessment, risk mitigation and claims management.

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