Italy’s Generali Moves to Become Cattolica Major Shareholder, Strategic Partner June 26, 2020 Italy’s largest insurer Assicurazioni Generali SpA said it will become a major shareholder in Cattolica Assicurazioni SC and a strategic...
Holocaust Survivors Want Congress to Let Them Sue Insurers Over Nazi-Era Losses October 10, 2019 By Curt Anderson When David Schaecter was a child in Slovakia in the 1930s, he counted more than 100 people in his extended...
Generali to Sell Life Run-Off Portfolio of UK Branch to Reinsurance Group of America May 24, 2019 Generali has signed an agreement to sell the life run-off portfolio of its UK Branch to a subsidiary of Reinsurance...
Generali in Early Negotiations to Buy MetLife’s Central European Assets: Sources May 22, 2019 By Sonia Sirletti , Tommaso Ebhardt and Lananh Nguyen Assicurazioni Generali SpA is in early talks to buy the Central European assets of MetLife Inc. as the Italian insurer...
Update: Generali Eyes Acquisitions of Small and Medium-Sized European Insurers May 7, 2019 Italy’s biggest insurer Generali is looking at small and medium-sized insurance companies in Europe to strengthen its presence in the...
Generali Completes Sale of Belgium Unit to Bermuda Re/Insurance Group Athora January 2, 2019 By L.S. Howard Assicurazioni Generali SpA announced the closing of the sale of its entire stake in Generali Belgium SA to Athora Holding...
Generali Hikes Stake in Indian Insurance Joint Venture to 49% from 25.5% December 31, 2018 Generali Group has finalized its agreement to increase its stake in its Indian insurance joint venture with Future Group to...
Generali Earmarks €4 Billion ($4.6 Billion) for Acquisitions, Growth November 21, 2018 By Giulio Piovaccari and Stephen Jewkes Generali has earmarked up to four billion euros for acquisitions and growth as it looks to asset management and high-margin...
Benetton Family’s Wealth Drops by $2B After Genoa Bridge Disaster August 21, 2018 By Devon Pendleton and Tommaso Ebhardt Fallout from the Genoa bridge disaster has erased about $2 billion of net worth from one of Italy’s richest families....
Generali Plans to Sell Wealth Management, Services Units for $476M July 19, 2018 By Ross Larsen Assicurazioni Generali SpA agreed to sell wealth-management and service units in Ireland and Guernsey for 409 million euros ($476 million),...