Reinsurance News

Generali

Generali sells Colombian business to Talanx for €30 million

21st July 2017

International insurer, Generali Group, has announced the signing of an agreement to sell its Colombian business to the Talanx Group for roughly €30 million (roughly US$35mn), and the completed sale of its stake in Aseguradora General S.A. Talanx, a large German insurer and the parent of reinsurer Hannover Re, will acquire ... Read the full article

Reports claim Generali is looking to sell its $50bn German life insurance portfolio

13th July 2017

Reports from Reuters claim that Italian insurer Generali is looking to sell its €44 billion (US$50 billion) German life insurance portfolio, as low-interest rates and more rigorous capital rules across Europe hinder operations. According to Reuters' sources close to the matter, Morgan Stanley is looking at options, which includes the sale ... Read the full article

Generali Group appoints Bruno Scaroni to lead business transformation

22nd June 2017

Generali Group has appointed Bruno Scaroni to new group strategy and business accelerator director, with effect from July 1st 2017. Generali Group CEO Philippe Donnet, said; "I am very glad to welcome Bruno Scaroni. Thanks to his experience in different fields of the insurance sector, he will contribute to the acceleration ... Read the full article

Generali’s Lombard elected Chairman of EcoFin Committee, Insurance Europe

1st March 2017

Chairman and Chief Executive Officer (CEO) of Generali France, Eric Lombard, has been elected Chairman of the Economic & Finance (EcoFin) Committee of Insurance Europe, replacing Dieter Wemmer. The EcoFin division of Insurance Europe oversees the organisations work on regulatory, accounting and investment-related issues, and it's been revealed that Allianz SE ... Read the full article