LATEST UPDATE – 18 MARCH 2020
Following the email we sent at the beginning of the month, the Covid-19 virus turned from a regional health crisis to a global issue, uncertainties about the global economic impact raised sharply and so did market volatility. Therefore, we would like to keep you updated on all the actions we are taking to safeguard the health and safety of our employees and their families, and, at the same time, ensure we continue to operate our business and serve your needs.
At Generali, we have sound business continuity plans, IT and digital infrastructures, and cybersecurity protection, that allow us to efficiently work from remote and remain close to our clients as part of our fiduciary duty towards them.
In the past days and weeks the vast majority of our employees have been required to work from home, and all trips and meetings have been cancelled or rescheduled as virtual meetings (webinars, Skype and conference calls). We are fully operational and all the services, including trading and investments, have remote access to the tools and data supporting their daily activities. Furthermore, in Generali Investments we have established a protocol of communication and dedicated work streams to address business specific topics. Our aim is to keep investors updated on a regular basis and share with them markets and investments insights.
Furthermore, it is our social responsibility not only to protect our staff and our clients but also to support our communities. We are proud of the creation of the Extraordinary International Fund of 100M€ approved by the Generali Board of Directors. The fund is dedicated to the fight against the Covid-19 emergency on an international level and in particular in the countries where Generali operates. It will offer immediate assistance and, in the medium term, aims to support economic recovery efforts in the countries affected.
Please feel free to reach out to your usual Generali Investments contact with any questions or concerns you may have.
We wish you and your families good health in these extraordinary times.
Dominique Clair, CEO Generali Investments Holding
Francesco Martorana, CEO Generali Insurance Asset Management
Aldo Mazzocco, CEO Generali Real Estate
Carlo Trabattoni, CEO Generali Investments Partners
02/03/2020 - Business Continuity at Generali InvestmentsIn light of the recent global outbreak of Coronavirus (“COVID-19”), we want to share with you our plan to safeguard our employees and our business, while continuing honouring the fiduciary duty you have entrusted with us.