News - On the Coronavirus Front

ARMENIA: INGO Armenia switched to remote service

In view of the current situation related of coronavirus, INGO Armenia switched to the emergency mode of remote services, taking into account the decision of authorities to declare state of emergency and social responsibility to its clients, ArmInfo reported with reference to the insurer's press service.

MAPFRE donates EUR 5 million to CSIC to accelerate COVID-19 research

MAPFRE will donate five million euros to the Spanish National Research Council (CSIC) to accelerate research in Spain and, especially, investigations related to COVID-19. The contribution will allow a comprehensive study of this pandemic, deepen the knowledge of the virus and its transmission mechanisms, and promote not only a vaccine against it, but also a scientific basis to better protect the population against future pandemics.

PZU will fund medical equipment to fight coronavirus

After launching free telemedicine assistance for all Poles at the beginning of March, the Polish top insurer PZU will finance the purchase of equipment for hospitals to fight coronavirus, allocating for this purpose a budget of PLN 6 million (~EUR 1.34 million).

SCOR's Executive Committee calls upon re/insurers to capitalize on their unique expertise to support actions for slowing down the spread of COVID-19

"Few other industries have the mathematical expertise to understand the potential impact that COVID-19 can have. And for life (re)insurance in particular, no other industry has such an alignment with the health and well-being of our society. We need to spread our knowledge and educate our fellow citizens of the world to protect all of society, particularly our elderly, our ill and our health-care professionals", SCOR's call for action letter released today says.