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Caltagirone has left Assicurazioni Generali
30th May 2022
Assicurazioni Generali has said that non-independent director Francesco Gaetano Caltagirone has resigned from the Board with immediate effect for undisclosed reasons. It also said that Caltagirone, directly or through companies related to him, holds a stake of the share capital of Assicurazioni Generali S.p.A. equal to 9.95% and that the board ... Read the full article
Assicurazioni Generali SpA completes sale of Dutch business to ASR Nederland
6th February 2018
Assicurazioni Generali SpA has completed the sale of its entire shareholding in its Dutch business, Generali Nederland N.V. (and its subsidiaries) to ASR Nederland N.V., one of the leading insurance groups operating in Holland. The Generali Group will remain active in the Netherlands through its Global Business Lines; Generali Employee Benefits, ... Read the full article
Generali makes structural and personnel changes
23rd June 2022
Assicurazioni Generali, one of the ten largest global insurance providers, has recently made several structural and personnel changes. The Board of Directors, at a meeting chaired by Andrea Sironi, has approved a new organisational structure, as proposed by the Group CEO, Philippe Donnet. The company says ... Read the full article
Generali (GC&C) appoints trio to senior underwriting roles
13th April 2021
Generali Global Corporate & Commercial (GC&C), a subsidiary of the Italian insurance giant, has announced the appointment of Reto Arrigoni as Global Head of Casualty Underwriting. At the same time, Enrico Mazza has been named as GC&C Italy Head of Underwriting and Tomasz Kukuła as ACEER (Austria, Central and Eastern Europe, ... Read the full article
Generali elects new Board members, approves financial statements
9th May 2019
Assicurazioni Generali S.p.A. has announced the election of 13 members of its Board of Directors following its recent shareholders meeting. Shareholders also approved the financial statements for the year 2018, which closed with a net profit of €1,473 million, and announced the distribution to the shareholders of a dividend of €0.90 ... Read the full article
Marco Serra named CUO of ArgoGlobal Assicurazioni
7th May 2019
ArgoGlobal Assicurazioni S.p.A., a division of insurer and reinsurer Argo Group International Holdings, Ltd., has announced the appointment of Marco Serra as Chief Underwriting Officer (CUO), Italy. Effective immediately, Serra will be based in Rome and will report to ArgoGlobal Assicurazioni Chief Executive Officer (CEO), Giovanni Tucci. He brings more than two decades of ... Read the full article
Generali completes sale of Worldwide & Link units to LCCG
1st March 2019
Italian insurance giant Assicurazioni Generali SpA has completed the sale of its entire holdings in Generali Worldwide Insurance Company Limited and Generali Link to Life Company Consolidation Group (LCCG). Originally announced in July 2018, the transactions form part of Generali Group’s strategy to improve its operational efficiency, while improving capital allocation ... Read the full article
Generali reveals new Group structure, appoints General Manager
1st August 2018
The Board of Directors of Italian insurer Assicurazioni Generali, has approved a proposal from the Group's Chief Executive Officer (CEO), Philippe Donnet, for the new Group organisational structure, which includes the creation of a new General Manager position. The organisational ... Read the full article
Generali finalises sale of PanEurope unit to LCCG
20th June 2018
Assicurazioni Generali SpA has completed the sale of its entire shareholding in its Ireland-based subsidiary, Generali PanEurope, to Life Company Consolidation Group (LCCG). Generali says the terms of the sale are in line with the transaction’s original announcement in December 2017, when it was revealed that Generali had agreed to ... Read the full article
Generali establishes new Employee Benefits branch in Luxembourg
29th May 2018
Italian insurer Assicurazioni Generali S.p.A. has announced that it has established a new branch in Luxembourg, which will be dedicated to its business in the Employee Benefits (EB) sector. The new branch will allow Generali to better meet the needs of global companies and their employees by consolidating the Group’s position ... Read the full article
Athora to purchase Generali Belgium for €540mn
19th April 2018
Athora Holding Ltd. has announced an agreement with Italian insurer Assicurazioni Generali S.p.A. to acquire a complete stake in its Belgian subsidiary, Generali Belgium S.A., for a cash consideration of approximately €540 million (US $667mn). Primarily focused on the life segment, Generali Belgium is the 11th largest insurer in Belgium and ... Read the full article
Generali completes sale of Panama and Colombia operations
16th April 2018
Italian headquartered global insurer Assicurazioni Generali S.p.A. has announced the closing of the sale of both its Panama and Colombia operations, for a consideration of approximately €170 million (US $210mn). Both transactions were originally announced during the second-half of 2017, and are part of the company's strategy to "rationalize its international ... Read the full article
Generali to underwrite more sustainable business and commit to green investments
22nd February 2018
Assicurazioni Generali S.p.A. has announced an underwriting commitment to increase the percentage of their premium portfolio related to the renewable energy sector, as well as invest €3.5 billion in ‘green’ sectors by 2020 and gradually divest away from coal-related companies. Generali intends to underwrite more business it classifies as sustainable by expanding ... Read the full article
Generali to sell Dutch operations to ASR Nederland
13th September 2017
The Generali Group has announced an agreement to sell its entire 98.56% stake in Generali Nederland N.V.(Generali Nederland) and its subsidiaries, to insurance group ASR Nederland. As part of ... Read the full article
RGA Re joins race to acquire Generali’s Netherlands operations
4th July 2017
Reinsurance Group of America (RGA Re) has reportedly joined the race to acquire the Netherlands operations of insurance giant Generali. Assicurazioni Generali, one of the largest insurance group's in the world, is actively trying to sell its Netherlands and Belgian operations, with RGA Re joining the race to acquire the Dutch ... Read the full article
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