Generali CEO Says Insurer Has Financial Strength for M&A Deals March 12, 2024 By Sonia Sirletti Italian insurance giant Assicurazioni Generali SpA has the financial means for acquisitions that fit its template for value creation, according...
Generali CEO’s Strategic Wishlist Includes €10 Billion Deals March 7, 2024 By Sonia Sirletti , Daniele Lepido and Tommaso Ebhardt Assicurazioni Generali SpA is analyzing a range of potential takeover candidates as part of the insurer’s growth plans, with some...
Munich Re’s ERGO to Take 24.9% Stake in Chinese P/C Insurer June 8, 2020 Munich Re’s ERGO insurance unit has agreed to take a 24.9% stake in Taishan Property & Casualty Insurance Co. Founded...
Talanx Acquires P/C Insurer in Turkey from Munich Re Subsidiary May 2, 2019 The German insurer Talanx has acquired the property/casualty insurer ERGO Sigorta A.S. from a Munich Re subsidiary. Financial details of...
Allianz Suisse to Buy DAS Switzerland from Munich Re’s ERGO January 10, 2018 Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia...
Munich Re’s Ergo Decides Not to Sell Run-Off Life Policies as Offers Too Low November 29, 2017 By Arno Schuetze and Alexander Hübner Munich Re’s ERGO unit has dropped plans to sell run-off life insurance policies, saying non-binding offers received by the company...
Munich Re’s Primary Carrier, ERGO, Explores China Digital Business April 28, 2017 ERGO, Munich Re’s troubled primary insurance company, is making a digital push in the massive Chinese market. Mark Klein, ERGO’s...
Munich Re’s New CEO Wenning to Take ‘Hard-Nosed’ Approach April 28, 2017 By Tom Sims Joachim Wenning admitted he would not be to everyone’s liking long before taking the helm of Germany’s Munich Re. That...
Munich Re Q4 Earnings Drop to 500M Euros ($530M) on Nat Cat Claims February 8, 2017 By Oliver Suess Munich Re, the world’s biggest reinsurer, reported a bigger-than-expected drop in fourth-quarter earnings as claims from natural disasters rose while...
Judge Hits Uber’s Background Check on Passenger Bringing Price-Fixing Suit July 26, 2016 By Jonathan Stempel A federal judge on Monday banned Uber Technologies Inc. and its Chief Executive Travis Kalanick from using information from a...