Latest Generali Life Assurance (Thailand) Plc. Headlines
All the headlines from our Generali Life Assurance (Thailand) Plc. Topic Page, ordered by recency.
People Moves: Grant Joins MGA Devonshire as Underwriting Manager; Generali GC&C Makes 3 Key Appointments in Mediterranean and LatAm Region
Jul 8 2024 // This edition of International People Moves details appointments at the MGA Devonshire Underwriting and Generali Global Corporate & Commercial (GC&C), . A summary of these new hires follows here. Grant Joins MGA...
Generali Is Seeking Buyers for Turkey, Philippines Units: Sources
Jun 21 2024 // Assicurazioni Generali SpA is seeking to sell its units in Turkey and the Philippines, people with knowledge of the matter said. The Italian insurer has kicked off separate processes to dispose of its small Istanbul-based...
Generali Completes Purchase of Conning and Affiliates From Cathay Life
Apr 3 2024 // Generali announced it has completed the acquisition of Conning Holdings Ltd. (CHL) and Conning affiliates from Cathay Life, a subsidiary of Taiwan’s Cathay Financial Holdings. The deal, which was first announced on...
Generali CEO Says Insurer Has Financial Strength for M&A Deals
Mar 12 2024 // Italian insurance giant Assicurazioni Generali SpA has the financial means for acquisitions that fit its template for value creation, according to Chief Executive Officer Philippe Donnet. “We are considering very...
Generali CEO’s Strategic Wishlist Includes €10 Billion Deals
Mar 7 2024 // Assicurazioni Generali SpA is analyzing a range of potential takeover candidates as part of the insurer’s growth plans, with some of them worth more than €10 billion ($10.9 billion), according to people familiar...
Italy’s Fondazione CRT Lifts Stake in Generali to 2%, Its Chairman Says
Feb 20 2024 // Italy’s Fondazione CRT has increased its stake in insurer Generali around 2% after selling its entire holding in Italian bank Banco BPM last week, its chairman Fabrizio Palenzona said on Tuesday. “We are and...
Generali to Return €500 Million to Investors in Share Buyback
Jan 30 2024 // Assicurazioni Generali SpA will return €500 million [$541.4 million] to shareholders, following acquisitions last year that are set to boost its non-life and asset management businesses. The share buyback plan will be...
Italy’s Generali to Acquire Full Control of Chinese Non-Life Joint Venture for $108M
Jan 10 2024 // Italy’s biggest insurer Generali on Wednesday said it would acquire full control of a non-life insurance joint-venture in China by buying out local partner CNPC Capital for around 99 million euros ($108...
People Moves: MS Amlin Promotes Forsyth to Head of Marine, Succeeding Humberstone; Generali GC&C Names Mediterranean, LatAm Managers as Part of Business Reorg
Dec 1 2023 // This edition of International People Moves details appointments at MS Amlin and Generali Global Corporate & Commercial (GC&C). A summary of these new hires follows here. MS Amlin Promotes Forsyth as Head of Marine,...
Generali Keeps 2024 Goal as Profits Rise 30% Despite Disaster Claims
Nov 17 2023 // Italy’s top insurer Generali stuck to 2024 targets on Thursday after posting a 29.6% rise in nine-month adjusted net profit despite rising claims from natural disasters which it said would also weigh on this...
People Moves: Sompo Int’l Taps Generali’s Conde-Salazar for Distribution & Client Relationships, AIG’s Marcén to Lead Professional Lines in Iberia
Oct 23 2023 // Sompo Int’l Taps Generali’s Conde-Salazar for Distribution & Client Relationships, AIG’s Marcén for Professional Lines in Iberia Jose Maria Conde Salazar Sompo International announced two...
Generali to Sell TUA Assicurazioni to Allianz in $295M Deal
Oct 13 2023 // Generali said on Thursday that it has reached an agreement with German insurance heavyweight Allianz for the sale of TUA Assicurazioni for 280 million euros ($295 million) in cash. Mediobanca, Banca di Credito Finanziario...
People Moves: DUAL Launches Marine Hub in Rotterdam, Hiring 2 Former MS Amlin Underwriters; Generali Taps Allianz’s Terzariol to Lead Newly Created Insurance Division
Oct 4 2023 // This edition of International People Moves details appointments at DUAL Europe and Generali. A summary of these new hires follows here. DUAL Launches Marine Hub in Rotterdam, Hiring 2 Former MS Amlin Underwriters DUAL...
Allianz’s CFO to Take Top Job at Generali: Italian Media
Sep 29 2023 // Allianz’s Chief Financial Officer Giulio Terzariol is set to leave his post at the German group to take a top job at Italy’s biggest insurer Assicurazioni Generali, two Italian newspapers reported on...
Generali Buys U.S. Asset Manager Conning Under Deal With Cathay Life
Jul 7 2023 // Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit of Taiwan’s Cathay Financial Holding, the Italian insurer said on Thursday. The deal,...
Generali’s Plan to Shed $22B of Insurance Liabilities Complicated by Interest-Rate Surge
Jun 27 2023 // Assicurazioni Generali’s plans to shed up to 20 billion euros ($21.87 billion) of insurance liabilities are being hampered as a surge in interest rates has complicated talks with buyers, three people familiar with...
Generali Agrees to Acquire Liberty Mutual’s European Units for $2.5 Billion
Jun 15 2023 // Assicurazioni Generali SpA has agreed to acquire a group of European businesses from US insurer Liberty Mutual Holding Co. for €2.3 billion ($2.5 billion), as part of its plan to expand in non-life insurance. Liberty...
Generali Confirms 2024 Targets After Q1 Profits Rise on Strong Non-Life Performance
May 25 2023 // Italy’s Generali confirmed all its 2024 business plan targets on Thursday after first quarter profits rose on a strong non-life performance which more than offsetting weakness in the insurer’s life...
Generali Agrees to Sell German Specialized Pension Unit to Fosun-Backed Company
May 4 2023 // Italy’s top insurer Generali said on Thursday it had agreed to sell its German specialized pension unit to Fosun-backed Frankfurter Leben as it seeks to improve profitability in the life business and free up capital....
Generali Seeks Buyers for Tua Assicurazioni Unit
Apr 24 2023 // Assicurazioni Generali SpA is looking to sell Tua Assicurazioni, a unit inherited from its purchase of a smaller Italian rival, people with knowledge of the matter said. The insurer has hired advisers to sell the non-life...
