Generali Said to Weigh Deal for Credit Investment Firm MGG November 6, 2024 By Pamela Barbaglia and Sonia Sirletti Assicurazioni Generali SpA is considering a deal to acquire New York-based credit investment firm MGG Investment Group, people familiar with...
Generali Agrees to Sell 99.99% Stake in Turkish Unit September 18, 2024 Generali has reached an agreement to sell its 99.99% stake in its Turkish business, Generali Sigorta A.Ş., in a deal...
Generali Profit Falls as Europe Flooding Hurts Non-Life Results August 12, 2024 By Sonia Sirletti Assicurazioni Generali SpA’s second-quarter profit fell 24% from a year earlier, as claims from storms and flooding in Europe weighed...
Generali Is Seeking Buyers for Turkey, Philippines Units: Sources June 21, 2024 By Sonia Sirletti and Pamela Barbaglia Assicurazioni Generali SpA is seeking to sell its units in Turkey and the Philippines, people with knowledge of the matter...
Generali Completes Purchase of Conning and Affiliates From Cathay Life April 3, 2024 Generali announced it has completed the acquisition of Conning Holdings Ltd. (CHL) and Conning affiliates from Cathay Life, a subsidiary...
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...
Italy’s Fondazione CRT Lifts Stake in Generali to 2%, Its Chairman Says February 20, 2024 Italy’s Fondazione CRT has increased its stake in insurer Generali around 2% after selling its entire holding in Italian bank...
Generali to Return €500 Million to Investors in Share Buyback January 30, 2024 By Sonia Sirletti Assicurazioni Generali SpA will return €500 million [$541.4 million] to shareholders, following acquisitions last year that are set to boost...
Italy’s Generali to Acquire Full Control of Chinese Non-Life Joint Venture for $108M January 10, 2024 Italy’s biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by...