MRM - 2020 Universal Registration Document
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Risks factors
Other information
Insurance
2.3
The Group’s property assets are insured under multi-risk policies covering property damage, rental loss and the property owner’s third party liability. The risks covered by the various policies in force are generally: theft, water damage, broken glass, machinery failure, storms/ hail/falling aircraft, terrorist attacks/vandalism/riots, public liability, and special risks.
Furthermore, when the Company carries out work on its property assets it takes out comprehensive contractors’ insurance covering material damage to a property during works, the consequences of natural disasters as defined by Ministerial decrees published in the French Official Journal of legal announcements, and the owner’s third-party liability during works. M.R.M. has taken out an insurance policy, on its own behalf and on behalf of its subsidiaries, to cover the liability of managers of M.R.M. and its subsidiaries.
Other information
2.4
The Company performed a special study of its liquidity risk and it considers that it can meet its current obligations.
At the date of this Universal Registration Document, the Company is not aware of any ongoing or threatened administrative, judicial or arbitration proceedings likely to have, or having had over the last twelve months, a significant impact on the financial position or profitability of the Company and/or the Group.
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M.R.M. 2020 UNIVERSAL REGISTRATION DOCUMENT
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