Mediobanca Pressed to Grow via M&A and Rely Less on Its Prized Asset, Generali October 11, 2019 Mediobanca’s third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning...
Major Generali Shareholder, Mediobanca, Pushed to Alter Strategy for Insurer October 10, 2019 By Claudia Cristoferi and Gianluca Semeraro Eyewear tycoon Leonardo Del Vecchio on Wednesday urged Mediobanca to build up its investment banking business in a challenge to...
Generali Weighs at Least $3.3B in Mid-Sized Insurance, Asset Management M&A October 3, 2019 By Sonia Sirletti and Francine Lacqua Assicurazioni Generali SpA, Italy’s biggest insurer, may invest at least 3 billion euros ($3.3 billion) to grow through mid-size acquisitions...
Allianz Emerges as Frontrunner to Invest in Bancassurance Unit of Spanish Lender BBVA October 1, 2019 By Pamela Barbaglia, Alexander Hübner and Jesús Aguado German insurer Allianz has emerged as the frontrunner to invest in the bancassurance business of Spanish lender BBVA, two sources...
Generali Launches U.S. Specialty Insurance Division, Focusing on Warranty Services September 20, 2019 Generali US Branch, the U.S. arm of Generali Group, announced the launch of its Specialty Insurance Division, which will focus...
Generali’s Net Profit Rises 34.6% in First Half August 1, 2019 By Gianluca Semeraro Italy’s top insurer, Generali , reported first-half operating profit above market estimates on Thursday, helped by growth across its business...
Update: Italy’s Generali Calls on China to Further Open Financial Services Sector July 10, 2019 Two of Italy’s largest financial institutions, insurer Assicurazioni Generali and state fund CDP on Wednesday urged China to do more...
Generali Is Front-Runner to Buy Portugal Insurer Tranquilidade: Sources July 1, 2019 By Jan-Henrik Förster and Manuel Baigorri Assicurazioni Generali SpA has emerged as the front-runner to acquire Apollo Global Management’s Tranquilidade, the second-largest non-life insurer in Portugal,...
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...