Articles by Francesca Cinelli and Sonia Sirletti

Generali Posts Quarterly Profit after Year-Ago Write Downs Caused Loss

Assicurazioni Generali SpA, Italy’s biggest insurer, reported a fourth-quarter profit after booking a loss a year earlier on write-downs of equity holdings. The insurer more than doubled its dividend. Net income was €324 million ($452 million) compared with a net …

Generali Will Sell BSI Group ‘for Sure,’ CEO Greco Says

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 …

Generali CEO Greco Targets Cost Reductions to Boost Capital

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 …

Generali Third-Quarter Net Profit Rises as Operating Income Climbs

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 …