Latest Generali Life Assurance (Thailand) Plc. Headlines
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Generali Q3 Profit Falls 18% on Decline in Life Insurance Business
Nov 5 2015 // Assicurazioni Generali SpA, Italy’s biggest insurer, said third-quarter profit fell 18 percent after operating income declined at its life-insurance business. Net income dropped to 420 million euros [$458.6 million]...
1st Generali Global Graduate Program Launches with 20 Young Participants
Sep 23 2015 // International profile, excellent resume and broad-ranging skills are the qualities of the 20 young adults chosen by Generali for the first “Generali Global Graduate Program,” an international program aimed at...
Generali Appoints Hodges as Head of IT Systems
Sep 4 2015 // Bruce M. Hodges will join the Generali Group as group head of Information Systems, effective October 1, 2015, the Trieste, Italy-based company announced. Hodges will be responsible for Generali’s global IT systems...
Generali Hires Ex-Morgan Stanley Credit-Trading Head Khazen
Sep 3 2015 // Assicurazioni Generali SpA hired Anna Khazen as head of investments for its asset-management unit. Khazen will cover all asset classes in her new role, said a company official, who asked not to be identified citing company...
Generali Signs Global Deal to Target High-Growth Markets via Smartphones
Aug 27 2015 // The Generali Group has signed a global deal with Obi Worldphones™, aiming to target, via smartphones, 20 high-growth markets with a prospective customer base of more than 10 million people. “This breakthrough deal...
Generali 2nd Quarter Profit Rises 51% on Life Business
Jul 30 2015 // Assicurazioni Generali SpA said second-quarter profit rose 51 percent, beating analysts’ estimates, after earnings from life insurance surged. The shares climbed in Milan. Net income at Italy’s biggest insurer...
Generali Acquires MyDrive Solutions, a UK Data Analysis Firm
Jul 24 2015 // Trieste-based Generali Group announced that it has acquired MyDrive Solutions, a UK company that uses data analytics tools to profile driving behavior. MyDrive Solutions, which was founded in 2010, specializes in...
Generali Reorganizes German Business to Enhance Competitive Position
May 26 2015 // Generali is reorganizing its German market business with an aim to enhance the competitive position of the group by the end of 2018. The company is instituting simpler and business-focused governance, a stronger focus on...
Update: Generali Q1 Operating Profit Rises 6% to $1.5B on Investment Income
May 14 2015 // Assicurazioni Generali SpA, Italy’s biggest insurer, reported the highest quarterly operating profit in seven years, spurred by a surge in investment income. Profit in the three months to March climbed 6 percent to...
Generali Strengthens International Management Team in Asia, LatAm, Europe
Apr 2 2015 // Generali has strengthened its international management team with two new managers joining the group to lead Asia and the Americas and a new appointment in Europe, effective April 1. Jack Howell is the new Asia regional...
Generali Q4 Profit Drops 75% on Higher Impairments
Mar 12 2015 // Assicurazioni Generali SpA, Italy’s biggest insurer, said fourth-quarter profit slid 75 percent after impairments of its Russian stake and related to the sale of BSI. The insurer increased its dividend by 33...
Generali Meets Targets Ahead of Schedule, Sheds Global Non-Core Assets
Nov 19 2014 // Assicurazioni Generali SpA said it has reached most of its targets ahead of schedule after shedding non-core assets around the world and will present a new strategy in May. “The next plan will be quite different...
Generali Third-Quarter Net Unchanged, Plans Higher Dividend
Nov 6 2014 // Assicurazioni Generali SpA, Italy’s biggest insurer, said third-quarter profit remained little changed as higher operating income from its life segment and property and casualty operations was offset by taxes. Net...
Generali Expects to Reach Targets Earlier as Operating Net Rises
Jul 31 2014 // Assicurazioni Generali SpA expects to reach 2015 targets ahead of schedule and improve its dividend policy, as first-half operating profit of Italy’s biggest insurer rose to the highest in 10 years. “Our...
Generali to Sell BSI Unit to BTG Pactual for $1.7 Billion
Jul 14 2014 // Assicurazioni Generali SpA agreed to sell its Swiss private-banking unit BSI Group to Grupo BTG Pactual for CHF1.5 billion ($1.7 billion) as Italy’s biggest insurer seeks to boost capital. Generali will receive...
Telecom Italia Owner Generali Says Plans to Sell Its Stake in June
May 23 2014 // Assicurazioni Generali SpA, the insurer that is part of the investor group that owns 22.4 percent of Telecom Italia SpA, plans to sell its holding in June, Chairman Gabriele Galateri said. Galateri spoke today at an event...
Generali Begins Talks on BSI Sale; Q1 Profit Up 9.4%
May 15 2014 // Italian insurer Generali expects to meet key capital and asset sales targets ahead of time after kicking off talks with Brazil’s BTG Pactual for a possible sale of Swiss unit BSI, a central plank of its...
Best Revises Insurance Holding Company and Debt Ratings: Companies Affected
May 12 2014 // A.M. Best announced that it has made some revisions to the criteria it uses in constructing its ratings reports, which will “provide clarification on several issues related to the rating of an insurance...
Generali Posts Quarterly Profit after Year-Ago Write Downs Caused Loss
Mar 13 2014 // Assicurazioni Generali SpA, Italy’s biggest insurer, reported a fourth-quarter profit after booking a loss a year earlier on write-downs of equity holdings. The insurer more than doubled its dividend. Net income was...
Generali Will Sell BSI Group ‘for Sure,’ CEO Greco Says
Jan 23 2014 // Assicurazioni Generali SpA, Europe’s third-largest insurer, will sell Swiss asset-management unit BSI Group as part of its disposal plan to boost capital. “We will sell BSI for sure, we have plenty of time...
