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Belgian hospitals can now obtain cyber insurance from Amma and Relyens, covering assistance costs, damages, operating losses, and civil liability, but excluding ransom payments. The insurance is tailored based on a cyber audit, with premiums varying significantly depending on the hospital's size and cybersecurity maturity. Compliance with the upcoming NIS2 law is crucial, as breaches could result in hefty fines, prompting hospitals to seek financial protection against cyber threats.
This document is intended solely for Relevant Persons regarding investment activities related to the Company's securities, which are not available to the general public. It emphasizes the risks associated with investments and clarifies that no public offering will occur in jurisdictions requiring registration, including the U.S., Canada, Australia, and Japan. Forward-looking statements are subject to uncertainties, and the Company disclaims any obligation to update these statements.
Scor Investment Partners (Scor IP), a subsidiary of the French insurance group Scor, focuses on niche fixed income products and aims to expand its presence among institutional investors in German-speaking Switzerland. With over €20 billion in assets under management, it offers strategies like insurance-linked securities, infrastructure debt, and corporate credit, targeting large institutional clients. The ILS segment, valued at over $4 billion, is a key growth area, reflecting a broader market expansion from $60 billion to over $100 billion in the last decade.
The HFS Bulletin for September 2024 outlines various indices used for illustrative purposes, emphasizing that they are unmanaged and not directly investable. Key indices include the Barclays Corporate High Yield Index, which excludes certain bonds, and the Barclays Global Aggregate Index, representing global investment-grade fixed income markets. Other notable indices cover diverse strategies such as equity hedging, event-driven investing, and macroeconomic trends, providing benchmarks for hedge fund performance across multiple asset classes.
U.S. Treasury Secretary Janet Yellen announced that G7 and EU allies are nearing the finalization of a $50 billion loan to Ukraine, with the U.S. contributing approximately $20 billion, backed by frozen Russian assets. Yellen expressed confidence that these assets will remain immobilized, ensuring that U.S. taxpayers will not bear the loan's repayment burden. Additionally, she indicated that new sanctions targeting intermediaries supplying Russia's military will be unveiled soon.
The recently approved Budget Law imposes over 20 billion in costs due to Maastricht constraints, with claims of increased health funding proving misleading. A regressive tax policy favors the wealthy and businesses, while local authorities face further cuts, and defense spending sees significant increases amidst austerity measures.
Ukrainian President Volodimir Zelensky's push for NATO membership remains unfulfilled despite his extensive diplomatic efforts in Brussels. While NATO members reaffirmed that Ukraine's path to membership is "irreversible," significant reservations persist, particularly regarding ongoing conflict and potential escalation risks. Zelensky did secure some financial commitments, with NATO Secretary General Rutte noting that over half of the promised 40 billion euros has been disbursed.
The Italian government's allocation of 3.7 billion euros for healthcare has sparked outrage among medical professionals and opposition parties, who argue that the funds are insufficient to address critical needs. Union leaders warn that the proposed budget will exacerbate existing issues in public health, while the government claims it is the largest investment in healthcare to date. Critics, including the Gimbe Foundation, emphasize that without immediate and substantial funding, access to care will increasingly become a privilege rather than a right.

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