Pandemic prompts call for EU catastrophe insurance cover
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LONDON (Reuters) - A European Union framework is needed to provide insurance cover for catastrophes such as pandemics and huge cyber attacks, the Federation of European Risk Management (FERMA) said on Tuesday.This would involve public-private partnerships and could cover events which hit businesses but do not involve physical damage, FERMA said in a letter to the European Commission.Insurers say most businesses are not covered for pandemics, which has left small businesses in Europe battling for..