Rebel Generali Investor Could Mount Legal Challenge if Bid to Remake Board Fails April 7, 2022 By Carolyn Cohn, Pamela Barbaglia and Valentina Za A rebel investor in Generali could mount a legal challenge if his bid to appoint new top executives at Italy’s...
Generali Investor Del Vecchio Backs Change in Insurer’s Leadership March 31, 2022 By Tommaso Ebhardt Italian tycoon Leonardo Del Vecchio is backing a push for a change in leadership at Assicurazioni Generali SpA, saying that...
Generali Fires CEO Donnet’s Internal Rival as Power Struggle Continues March 28, 2022 Generali has fired executive Luciano Cirina, who is challenging incumbent Philippe Donnet for the role of chief executive, with immediate...
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...