Assicurazioni Generali SpA, Italy’s biggest insurer, said third-quarter profit fell 18 percent after operating income declined at its life-insurance business. Net income dropped to 420 million euros [$458.6 million] from 513 million euros [$560.2 million] a year earlier, Trieste-based Generali …
Global insurers with the greatest ties to the financial system would face an average increase of 10 percent to capital requirements under new standards proposed by a group of regulators. The increase would be as high as 18.75 percent for …
Assicurazioni Generali SpA, Italy’s biggest insurer, said fourth-quarter profit slid 75 percent after impairments of its Russian stake and related to the sale of BSI. The insurer increased its dividend by 33 percent. Net income declined to 81 million euros …
Assicurazioni Generali SpA, Italy’s biggest insurer, said third-quarter profit remained little changed as higher operating income from its life segment and property and casualty operations was offset by taxes. Net income rose to €513 million ($653.75 million] from €510 million …
Assicurazioni Generali SpA expects to reach 2015 targets ahead of schedule and improve its dividend policy, as first-half operating profit of Italy’s biggest insurer rose to the highest in 10 years. “Our results show that we are quickly moving toward …
Assicurazioni Generali SpA agreed to sell its Swiss private-banking unit BSI Group to Grupo BTG Pactual for CHF1.5 billion ($1.7 billion) as Italy’s biggest insurer seeks to boost capital. Generali will receive CHF1.2 billion [$1.3466 billion] in cash and CHF300 …
Assicurazioni Generali SpA, Europe’s third-largest insurer, will sell Swiss asset-management unit BSI Group as part of its disposal plan to boost capital. “We will sell BSI for sure, we have plenty of time because our strategy goes to 2015,” Chief …
Assicurazioni Generali SpA, Europe’s third-largest insurer, plans to cut an extra 150 million euros ($204 million) of costs by 2015 and reduce debt to boost profit and strengthen capital. The company increased its cost savings goal to 750 million euros …
Assicurazioni Generali SpA, Italy’s biggest insurer, said third-quarter profit rose 75 percent as it earned more from its life segment and property and casualty operations. Net income rose to €510 million ($690 million) from €291 million [$393.4 million] a year …
