Is the Reinsurance Cycle Dead or Just Dormant? Executives Discuss New Realities October 2, 2018 By L.S. Howard Many reinsurance executives have been left scratching their heads in surprise after last year’s natural catastrophes, which cost a whopping...
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),...
Generali Agrees to Sell German Life Unit, Valued at $1.2B, to Viridium July 5, 2018 By Ross Larsen Assicurazioni Generali SpA agreed to sell almost 90 percent of its German Generali Leben unit to a company owned by...
Generali Likely to Start Exclusive Talks to Sell German Life Book to Viridium: Source June 28, 2018 By Arno Schuetze and Alexander Hübner Italy’s Generali is expected to start exclusive talks shortly over the potential sale of its 40 billion euro ($48 billion)...
Generali Expands Stake in India’s Future Group to 49% June 26, 2018 Generali Group announced it has signed an agreement with Future Group to increase its stake in its insurance ventures in...
Generali to Sell Belgian Operations to Athora Holding for $668.3M in Cash April 19, 2018 By L.S. Howard Italy’s Generali has agreed to sell its Belgian operations to Athora Holding Ltd. for approximately €540 million ($668.3 million) in...
Generali Completes Sale of Panama & Colombia Operations to ASSA & Talanx April 16, 2018 Assicurazioni Generali SpA announced the closing of the sale of its operations in Panama and Colombia. These two transactions, which...
Blockchain Insurance Industry Initiative, B3i, Forms Company Called ‘B3i Services’ March 26, 2018 The Blockchain Insurance Industry Initiative (B3i) announced the incorporation of B3i Services AG in Zurich, Switzerland. The company was formed...
Generali Evaluates Offers for Its $49B German Life Insurance Portfolio: Sources March 2, 2018 By Dinesh Nair and Eyk Henning Athene Holding Ltd. and Viridium Group GmbH submitted binding bids for Assicurazioni Generali SpA’s 40 billion-euro ($49 billion) German life...