Wednesday, September 23, 1998 Holocaust offer withdrawn
ITALY’S largest insurer yesterday retracted its offer of £61 million in compensation to the families of Holocaust victims over tens of thousands of life policies bought before the Second World War.
The Trieste-based Assicurazioni Generali which signed a letter of intent in New York on Aug 19 to compensate relatives, blamed the families for violating the agreement, though it would not say how.
A newspaper suggested that the victims’ relatives were unhappy about a clause precluding forth against the insurance company. 
Bruce Johnston, Rome
© 1998 The Daily Telegraph |