MILAN (Reuters) – Italy’s top insurer Generali said on Wednesday it launched a 3.5 billion euro investment plan over five years to support the recovery of European countries hit by COVID-19.
The plan, dubbed Fenice 190 to celebrate the company’s 190th anniversary, will initially address Italy, France and Germany and will then be extended to all the other European countries where Generali operates, the company added in a statement.
(Reporting by Gianluca Semeraro; editing by Cristina Carlevaro)
