FILE PHOTO: French Finance Minister Bruno Le Maire attends a news conference after the weekly cabinet meeting in Paris, France April 15, 2020. Michel Euler/Pool via REUTERS/File Photo
April 22, 2020
PARIS (Reuters) – French finance minister Bruno Le Maire has set up a working group to look into establishing further insurance cover for exceptional, one-off events such as pandemics, Le Maire’s department said on Wednesday.
The French move echoes a similar step taken this week by Britain, whose insurance industry is also going to work with the UK government-backed terrorism reinsurance fund Pool Re to develop insurance cover for pandemics.
(Reporting by Sudip Kar-Gupta, editing by Louise Heavens)
