Update: Challengers to Generali’s Management Target Higher Growth, Bigger M&A March 25, 2022 By Gianluca Semeraro The rebel challengers to Generali’s current management pledged to grow earnings by double figures through cost cuts and free up...
Generali Investor Wants Insurer to Be Multinational ‘With Italian Sovereignty’: Report March 25, 2022 Francesco Gaetano Caltagirone, a leading investor in Generali, wants Italy’s top insurer to grow into a big multinational “with Italian...
Generali Suspends CEO Donnet’s Internal Rival in Ongoing Power Struggle March 24, 2022 Insurer Generali said on Wednesday it had suspended Luciano Cirina, its head of Austria and CEE countries, who has been...
Leading Generali Investor Proposes Insurer’s Austria Chief as New CEO March 16, 2022 By Stefano Bernabei A leading Generali shareholder on Tuesday proposed naming the Italian insurer’s head of Austria as its new chief executive, in...
Generali CEO Confident of Closing on Additional Stake in Its Indian Joint Venture March 16, 2022 Generali is confident it will finalize the acquisition of a bigger stake in its Indian joint venture Future Generali after...
Generali Reports Record Operating Profit in 2021, as Board Battle Looms March 15, 2022 Italy’s top insurer Generali, facing a power struggle over its management, said on Tuesday it posted record operating profit last...
Russia’s Invasion of Ukraine to Spur More Claims Inflation: Moody’s March 10, 2022 Although insurance penetration in Ukraine and Russia is low, global insurers will face secondary impacts from greater financial market volatility...
Italian Insurer Generali to Pull Out of Russia, Give Up Seats on Russian Insurer Board March 4, 2022 Leading Italian insurer Generali said on Thursday it was pulling out of Russia after Moscow’s invasion of Ukraine, while Intesa...
Indian Court Blocks Struggling Future Enterprises Sale of Stake in Insurer Generali March 1, 2022 By Aditya Kalra and Abhirup Roy An Indian court has blocked Future Enterprises from selling its stake in its general insurance joint venture business with Italy’s...
Generali Chairman to Step Down Amid Investor Tensions That Are ‘Source of Regret’ February 16, 2022 By Valentina Za The chairman of Italy’s biggest insurer, Generali GASI.MI, plans to step down in April after 11 years in the job,...