IRONING OUT THE DETAILS

November 27, 2000

Several important developments were reported following a recently concluded two-day meeting in Rome of the International Commission for Holocaust Era Insurance Claims (ICHEIC). Commission Chairman Lawrence Eagleburger, a former U.S. Secretary of State, announced that ICHEIC had reached an agreement with Assicuriazoni Generali providing for payments to Holocaust victims which could total as much as $100 million. The precise amount cannot yet be determined as the Commission is still searching the records of insurance companies, agents and brokers for policies issued between 1920 and 1945 to locate the names of victims and their heirs.