Zurich Exits Insurance Climate Alliance, Days After Munich Re April 6, 2023 By Alastair Marsh Zurich Insurance Group AG is leaving a coalition of major insurers that have committed to reach net-zero emissions, the second...
Generali Hikes Dividend Payout After Posting Its Best Ever Operating Profit March 14, 2023 By Gianluca Semeraro Italy’s Assicurazioni Generali surprised investors on Tuesday by hiking the dividend payout on its 2022 results after posting its best...
Generali Raises Projected Profit Boost From Purchase of Cattolica December 13, 2022 Italy’s biggest insurer Generali on Tuesday raised the projected boost to its earnings from last year’s purchase of smaller rival...
Generali Weighs Deal With U.S. Asset Manager Guggenheim Partners October 3, 2022 By Sonia Sirletti , Tommaso Ebhardt, Sonali Basak and Dinesh Nair Assicurazioni Generali SpA is exploring a deal with US investment firm Guggenheim Partners to bolster its asset management business, according...
Generali Completes Acquisition of AXA’s Malaysian P/C and Life Businesses August 30, 2022 Generali has completed the acquisition of the majority stakes in the AXA’s property/casualty and life businesses in Malaysia, which will...
Generali Beats Forecasts With H1 Net Profit of $1.4 Billion August 2, 2022 By Gianluca Semeraro Italy’s top insurer Assicurazioni Generali said on Tuesday it would increase prices to keep up with rising costs, and maintained...
Del Vecchio’s Successor Shares Same Vision for Building Generali Into European Leader July 6, 2022 By Tommaso Ebhardt Leonardo Del Vecchio’s right-hand man was named on Monday to succeed the Italian billionaire — who died last week —...
Generali Completes Acquisition of La Médicale from Crédit Agricole Assurances July 5, 2022 Generali has completed the acquisition of La Médicale from Crédit Agricole Assurances, following receipt of the necessary approvals from relevant...
Generali Investor Del Vecchio Dies at 87 June 27, 2022 By Tommaso Ebhardt Leonardo Del Vecchio, the Italian entrepreneur who started off with a tiny optics workshop in the Dolomite mountains and ended...
Generali Asset Management Unit Eyes Investments With U.S. Credit, Renewables’ Focus June 9, 2022 By Sonia Sirletti Assicurazioni Generali SpA’s asset management unit intends to buy investment firms specialized in U.S. credit markets and renewable energy, as...