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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
Allianz completes acquisition of Tua Assicurazioni from Generali
5th March 2024
Allianz, a leading insurer and asset manager, has completed the acquisition of Tua Assicurazioni S.p.A. from Assicurazioni Generali S.p.A., an Italian global insurance and asset management provider. The acquisition was announced in October 2023, and the transaction was completed at a consideration of €280 million. The transaction is in alignement with ... Read the full article
Allianz to acquire Generali’s Tua Assicurazioni for €280m
13th October 2023
Global insurer Allianz is set to increase its property and casualty (P&C) market share in Italy with the acquisition of Tua Assicurazioni from Generali for a cash consideration of €280 million. Previously part of Cattolica Assicurazioni, TUA Assicurazioni is an insurance subsidiary of the Group focused on P&C business in the ... Read the full article
Generali appoints Giulio Terzariol CEO Insurance
2nd October 2023
Generali has announced that Giulio Terzariol will join the firm as CEO Insurance, a newly created role with responsibility for all the insurance Business Units, with effect from January 2024. Generali explained that as CEO Insurance, Terzariol will be responsible for overseeing the activities of the CEOs of Generali’s Insurance Business ... Read the full article
Dubai’s Sukoon completes buyout of Generali’s UAE life insurance portfolio
28th November 2022
Dubai-based Sukoon Insurance, formerly Oman Insurance, has acquired the life insurance portfolio held by Assicurazioni Generali in the UAE, following the original agreement to buy signed in February last year. The transfer, which covers unit-linked life insurance policies, has now been fully approved by regulators, including the Central Bank of UAE ... Read the full article
Cecilia Chang named CEO of Generali Hong Kong unit
25th November 2022
Generali Asia has announced the appointment of Cecilia Chang as the Chief Executive Officer of Generali Life (Hong Kong) Limited and General Manager of Assicurazioni Generali S.p.A. Hong Kong Branch. Chang joined the Generali Group in 2016 in Hong Kong as Head of Financial Lines and Underwriting, Asia for the Global ... Read the full article
AM Best assigns positive credit ratings to Generali Hong Kong
24th August 2022
Ratings agency, AM Best has assigned Generali Hong Kong a Financial Strength Rating of “A” (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent). The outlook assigned to these ratings is stable. The ratings reflect Generali Hong Kong’s inclusion as a member of the lead rating unit of Assicurazioni Generali S.p.A. ... Read the full article
Generali appoints Stefano Marsaglia to its board
18th July 2022
Assicurazioni Generali has appointed Stefano Marsaglia as a member of its Board, following the resignation of non-independent director Francesco Gaetano Caltagirone for undisclosed reasons. Stefano Marsaglia, who is 67 years old, has been appointed as an independent director. The Turin-born Italian citizen has a long experience in investment ... 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