France plans to set up pandemic insurance cover | New

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PARIS (Reuters) – French Finance Minister Bruno Le Maire has set up a working group to study the possibility of setting up new insurance cover for one-off exceptional events such as pandemics, said Wednesday the Mayor’s department.

The French decision echoes a similar measure taken this week by Britain, whose insurance industry is also going to work with the British terrorist reinsurance fund Pool Re to develop pandemic insurance coverage.

(Report by Sudip Kar-Gupta, edited by Louise Heavens)



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