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...
Societe Generale Issues €10M Digital Green Bond on a Public Blockchain December 5, 2023 Societe Generale, France’s third-biggest listed bank, said on Monday it issued its first so-called digital green bond on a public...
Generali Keeps 2024 Goal as Profits Rise 30% Despite Disaster Claims November 17, 2023 By Gianluca Semeraro Italy’s top insurer Generali stuck to 2024 targets on Thursday after posting a 29.6% rise in nine-month adjusted net profit...
Generali to Sell TUA Assicurazioni to Allianz in $295M Deal October 13, 2023 Generali said on Thursday that it has reached an agreement with German insurance heavyweight Allianz for the sale of TUA...
People Moves: DUAL Launches Marine Hub in Rotterdam, Hiring 2 Former MS Amlin Underwriters; Generali Taps Allianz’s Terzariol to Lead Newly Created Insurance Division October 4, 2023 This edition of International People Moves details appointments at DUAL Europe and Generali. A summary of these new hires follows...
PE Firm Cinven Eyes Sale of German Life Insurer Viridium: Sources October 3, 2023 By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Alexander Hübner Cinven is considering a sale of German life insurer Viridium after another of its insurance investments in Europe, Eurovita, was...
Allianz’s CFO to Take Top Job at Generali: Italian Media September 29, 2023 Allianz’s Chief Financial Officer Giulio Terzariol is set to leave his post at the German group to take a top...
Generali Buys U.S. Asset Manager Conning Under Deal With Cathay Life July 7, 2023 Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit...
Generali’s Plan to Shed $22B of Insurance Liabilities Complicated by Interest-Rate Surge June 27, 2023 By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Gianluca Semeraro Assicurazioni Generali’s plans to shed up to 20 billion euros ($21.87 billion) of insurance liabilities are being hampered as a...