UK insurance company Liverpool Victoria said it remains in talks with a “number of parties” about a possible transaction after Sky News reported it was negotiating a merger with rival Royal London. The company known as LV= “confirms that as …
AXA SA is in talks to sell its Greek operations to Italian insurer Assicurazioni Generali SpA, according to people familiar with the matter, as part of its plans to ditch business lines deemed surplus to requirements. The two companies and …
Shareholders in Italian cooperative insurer Cattolica Assicurazioni approved its conversion into a joint-stock company on Friday, paving the way to a tie-up with Generali to boost its capital position. Generali last month agreed to buy 24.4% of Cattolica and signed …
Generali’s P&C unit Global Corporate & Commercial (GC&C) Iberia & LatAm has developed a new system for remote facility inspection to address the consequences of COVID-19 and to provide value-added solutions for its corporate clients. GC&C decided to respond to …
Assicurazioni Generali SpA has approached Brightsphere Investment Group Inc about a possible acquisition of the U.S. asset management firm, people familiar with the matter said on Friday. A deal would expand the U.S. footprint of Italy’s top insurer while enabling …
UK insurer Liverpool Victoria has attracted interest from rivals including Phoenix Group Holdings and private equity firm Cinven Ltd., according to people familiar with the matter. Fellow mutual insurer Royal London, Utmost Life and Pensions and European Insurance Consolidation Group …
Assicurazioni Generali SpA is exploring strategic options for its Swiss insurance operations, according to people familiar with the matter. The Italian company is working with advisers to study alternatives including a potential sale of part or all of the business, …
Leonardo Del Vecchio’s plans to boost the European presence of Italy’s top insurer Generali do not include a cross-border merger with rivals AXA or Zurich, a source close to the billionaire said on Wednesday. Del Vecchio, the 85-year-old founder of …
Italian eyewear billionaire Leonardo Del Vecchio stepped up his efforts to become a bigger player in Italy’s finance industry, asking for approval to raise his stake in Mediobanca SpA to as much as 20%. The shares jumped as much as …
Two of Europe’s largest insurers are gearing up to sell billions of euros in life assets — a niche corner of dealmaking keeping bankers busy amid the coronavirus pandemic. Allianz SE is planning to divest as much as 9 billion …
