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...
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...