Reinsurance News

Generali

Generali is one of the largest global insurance and asset management companies. Generali has a diversified business model, based on Life, P&C and Asset Management, offering integrated, customised Life and P&C insurance solutions targeted at both retail customers, small and medium enterprises (SMEs) and corporate customer.

Established in 1831, Generali is present in over 50 countries in the world, with a total premium income of € 95.2 billion and € 863 billion AUM in 2024.

Read our Generali insurance or reinsurance news and analysis below.

Generali & BPCE terminate discussions on establishing asset management JV

12th December 2025

Italian-headquartered insurer Generali and banking group BPCE have jointly decided to terminate negotiations related to the establishment of a joint venture in asset management. On 21st January 2025, Generali and BPCE signed a non-binding Memorandum of Understanding (MoU) to create a joint venture between their respective asset management operations. Following that ... Read the full article

Generali Switzerland appoints new Chief Insurance Officers and updates executive leadership

10th December 2025

Generali Switzerland, part of the global Generali Group and a provider of insurance and financial services in Switzerland, has reorganised its Insurance division by separating Life and Non-Life operations as of 1 July 2025. Ralph Schmid will continue as Chief Insurance Officer for Life, refocusing entirely on the life business after ... Read the full article

Generali’s financial strength lifted to A2 following Italy rating upgrade

26th November 2025

Moody's Ratings has upgraded Generali's insurance financial strength rating (IFSR) to A2 from A3, following the one-notch upgrade of the Italian government’s rating. "Generali's ratings are partly constrained by the Italian sovereign rating, driven by the group's operating income and asset exposure to Italy, along with the domicile and debt issuance ... Read the full article

Generali’s 9M’25 GWP reach €73.1bn as net result expands

13th November 2025

Generali has disclosed that gross written premiums reached € 73.1 billion in the first nine months of 2025, up 3.7% from the same period of 2024, driven by a 7.2% increase in P&C. Meanwhile, the firm's 9M 2025 operating result grew 10.1% to €5.941 billion, driven by the very strong performance ... Read the full article

Generali names Giulio Terzariol as Direttore Generale, Group Deputy CEO

12th November 2025

Generali Group has announced a significant evolution of its organisational structure, naming Giulio Terzariol as Direttore Generale - Group Deputy CEO. The move is aimed at reinforcing the successful execution of the insurer’s strategic plan, “Lifetime Partner 27: Driving Excellence,” and strengthening governance across its core businesses. Terzariol has been assigned by ... Read the full article

UNDP, BMZ, Generali, and ICMIF Foundation launch global inclusive insurance programme covering 30 countries

6th November 2025

The United Nations Development Programme (UNDP), the German Federal Ministry for Economic Cooperation and Development (BMZ), global insurer Generali Group, and the International Cooperative and Mutual Insurance Federation (ICMIF) Foundation have announced early results from their joint global initiative, the world’s largest inclusive insurance innovation programme, set to benefit 2.7 ... Read the full article

Generali’s RT1 bond raises €500m, reinforcing financial strength

1st October 2025

Italian headquartered insurer Generali has announced the successful placement of its first perpetual Restricted Tier 1 (RT1) bond, a transaction that is aimed at further optimising its strong capital position. The RT1 bond raised €500 million - issued under Generali’s €15 billion Medium Term Note Programme - from a highly diverse ... Read the full article

Fitch upgrades Generali’s ratings on lower sovereign risk & improved performance

23rd September 2025

Fitch Ratings has upgraded Generali and its core subsidiaries’ Insurer Financial Strength (IFS) Ratings to ‘AA-’ from ‘A+’, citing lower sovereign risk and the group’s very strong profile, capitalisation, leverage, and operating performance. The agency has also upgraded Generali's Long-Term Issuer Default Rating (IDR) to 'A+' from 'A', assigning Stable outlooks ... Read the full article

Aon, Generali & QBE support The Spark launch, world’s first global prevention lab

9th September 2025

The insurance industry has launched The Spark, a global prevention laboratory aimed at transforming the insurance industry’s approach from reacting to losses to preventing them before they occur. The Spark brings together re/insurers and brokers, including Aon, Generali and QBE Ventures, with additional companies in advanced stages of joining, to collaborate ... Read the full article

Generali’s operating result up 8.7% in H1’25 with improved CoR

7th August 2025

Global insurer Generali has announced its financial results for the first half of 2025, reporting a consolidated operating result of €4,049 million, up 8.7% compared to the same period last year, as well a slight increase of 0.9% in gross written premiums and an improved combined ratio of 91%. Growth in ... Read the full article

Allianz, BlackRock, Generali, Hannover Re and T&D acquire Viridium

4th August 2025

A consortium including Allianz, BlackRock, Generali Financial Holdings, Hannover Re and T&D Holdings, have completed the acquisition of Viridium Group, a European life insurance consolidation platform, from Cinven. The transaction was initially announced on March 19, 2025, stating Viridium would be acquired by €3.5 billion transaction. Santander Insurance and PG3, a ... Read the full article

Generali GC&C and Seguros Bolívar partner to cater to Colombia’s large companies

8th July 2025

Generali’s Global Corporate & Commercial (GC&C) business unit and Seguros Bolívar have partnered to launch a reinsurance agreement to strengthen Colombia’s large corporate segment insurance offering. The partnership aims to provide large Colombian companies with access to comprehensive, tailor-made protection solutions to protect assets and support them in effective risk management. The ... Read the full article

Generali gets €200m of windstorm & quake reinsurance with return to ILS market

29th May 2025

Italian headquartered insurer Generali has returned to the insurance-linked securities (ILS) market sponsoring a catastrophe bond issued by Lion Re DAC that comprises two classes of notes for a total of €200 million covering windstorms in Europe and earthquakes in Italy. The Series 2025-1 Notes have been placed with capital ... Read the full article

Moody’s improves Generali’s outlook to positive from stable

29th May 2025

Moody’s Ratings has revised the outlook on Assicurazioni Generali S.p.A. (Generali) to positive from stable and affirmed its A3 Insurance Financial Strength Rating (IFSR). The outlooks on Generali’s main operating insurance subsidiaries in Italy, France, and Germany were also revised to positive from stable. Moody’s said the revision follows its recent upgrade ... Read the full article

Generali reports 8.6% rise in operating result for Q1’25 with strong P&C performance

22nd May 2025

Italian insurer Generali has reported growth in its consolidated operating result of 8.6% to €2.1 billion for the first quarter of 2025, driven by all business segments, notably its Property and Casualty (P&C) arm as the combined ratio strengthened by 1.4 percentage points year on year to 89.7%. Generali's P&C business ... Read the full article