The "Generali Fund in Memory of Clients Insured by Generali Who Died in the Holocaust" approved payments of over $1.5 million in the month of November. The money was paid out to 107 relatives of people who took out insurance policies in Europe before the Holocaust. The largest claim, almost $70,000, was paid to a Swiss Jew whose father, a member of a high-standing Jewish family in Prague, took out a policy in Czechoslovakia. The family lost all its property, including many buildings, during the war, and the entire family was expelled to Auschwitz, Theresienstadt, and other death camps. The claimant is the only living beneficiary of the policy.
One-third of the claims paid out by Generali in November were to people living in Israel, and almost that many to residents of Eastern Europe. More than a quarter of those insured died well after the Holocaust.
In a related story, JTA reports that a groundbreaking ceremony was held yesterday for Hungary's first Holocaust museum, with the participation of the Hungarian prime minister.
One-third of the claims paid out by Generali in November were to people living in Israel, and almost that many to residents of Eastern Europe. More than a quarter of those insured died well after the Holocaust.
In a related story, JTA reports that a groundbreaking ceremony was held yesterday for Hungary's first Holocaust museum, with the participation of the Hungarian prime minister.