Latest Generali Life Assurance (Thailand) Plc. Headlines
All the headlines from our Generali Life Assurance (Thailand) Plc. Topic Page, ordered by recency.
Generali Hikes Stake in Indian Insurance Joint Venture to 49% from 25.5%
Dec 31 2018 // Generali Group has finalized its agreement to increase its stake in its Indian insurance joint venture with Future Group to 49 percent from 25.5 percent. Through this transaction, Generali has committed up to approximately...
Generali Acquires Alternative Asset Management Firm CM Investment Solutions
Dec 5 2018 // Italian insurer Generali Group has acquired CM Investment Solutions Limited (CMISL), an alternative asset manager in London, from Bank of America Merrill Lynch. Details of the transaction were not disclosed. CMISL, which...
Generali Earmarks €4 Billion ($4.6 Billion) for Acquisitions, Growth
Nov 21 2018 // Generali has earmarked up to four billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia to fuel earnings. Italy’s top insurer — which...
Generali’s 9-Month Net Profit Rises 27% to $2 Billion
Nov 8 2018 // Italy’s top insurer Generali said on Thursday its net profit in the first nine months of the year rose 26.8 percent to beat expectations, lifted by stronger life premiums and disposals. Net profit reached 1.86...
Generali Opens Representative Office in Moscow
Nov 1 2018 // Generali opened a representative office of Generali in Moscow on Oct. 31, 2018, which the company said is an important milestone in its expansion in the country. The office was opened by two Generali executives: Luciano...
Generali to Acquire Polish Asset Management Firm, Union Investment TFI
Oct 23 2018 // Generali has entered into an agreement with the German Group Union Asset Management Holding AG to acquire a 100 percent stake in the Polish asset management company Union Investment TFI S.A. Financial details of the...
Generali Launches Cyber Insurance Function and Cyber Security Subsidiary
Oct 9 2018 // Generali has launched a new Cyber Insurance function and the formation of a cyber security company. The Cyber Insurance function will combine a range of cyber insurance solutions with the support of a technology start-up,...
Generali Plans to Sell Wealth Management, Services Units for $476M
Jul 19 2018 // Assicurazioni Generali SpA agreed to sell wealth-management and service units in Ireland and Guernsey for 409 million euros ($476 million), pushing the Italian insurer above its target for international disposals. The...
Generali Agrees to Sell German Life Unit, Valued at $1.2B, to Viridium
Jul 5 2018 // Assicurazioni Generali SpA agreed to sell almost 90 percent of its German Generali Leben unit to a company owned by Cinven Ltd. and Hannover Re in a deal that values the business at about 1 billion euros ($1.2...
Generali Likely to Start Exclusive Talks to Sell German Life Book to Viridium: Source
Jun 28 2018 // Italy’s Generali is expected to start exclusive talks shortly over the potential sale of its 40 billion euro ($48 billion) German life insurance portfolio to private equity-backed Viridium, a person close to the...
Generali Expands Stake in India’s Future Group to 49%
Jun 26 2018 // Generali Group announced it has signed an agreement with Future Group to increase its stake in its insurance ventures in India to 49 percent from 25.5 percent. Generali’s presence in India is currently in the form of...
Generali to Sell Belgian Operations to Athora Holding for $668.3M in Cash
Apr 19 2018 // Italy’s Generali has agreed to sell its Belgian operations to Athora Holding Ltd. for approximately €540 million ($668.3 million) in cash. The transaction is expected to close in the second half of 2018, subject to...
Generali Completes Sale of Panama & Colombia Operations to ASSA & Talanx
Apr 16 2018 // Assicurazioni Generali SpA announced the closing of the sale of its operations in Panama and Colombia. These two transactions, which were originally announced during the second half of 2017, are part of the group’s...
Study Links Severe Winter Weather in Northeastern U.S. to Arctic Temps
Mar 15 2018 // The frequency of extreme winter weather in the U.S. is sensitive to Arctic temperatures, and that’s something those paying weather-related losses may want to take note of. After all, you can’t spell polar...
Generali Evaluates Offers for Its $49B German Life Insurance Portfolio: Sources
Mar 2 2018 // Athene Holding Ltd. and Viridium Group GmbH submitted binding bids for Assicurazioni Generali SpA’s 40 billion-euro ($49 billion) German life insurance portfolio, according to people with knowledge of the...
Italy’s Billionaire Benetton Family Plans to Boost Stake in Generali, Say Sources
Jan 25 2018 // Italy’s billionaire Benetton family plans to boost its stake in Assicurazioni Generali SpA, the country’s biggest insurer, to as much as 2 percent as part of a strategy to increase investments in the financial...
People
Jan 22 2018 // Salt Lake City, Utah-based Leavitt Group Insurance Advisors has named Mike Scott a senior risk advisor and director of program business. Scott will focus on middle markets, large accounts, and hard-to-place specialty...
Generali Ads Two Executives to Travel Insurance Division in California
Jan 5 2018 // Generali Global Assistance has named James Sion as chief operating officer and Mark Taber as the chief insurance officer in its travel insurance division. Sion will head all operations and strategies of the division and...
Generali Posts 9.9% Drop in 9-Month Profits; But on Track to Achieve 2017 Target
Nov 9 2017 // Italy’s biggest insurer, Generali, kept its guidance unchanged on Thursday after posting a 9.9 percent drop in nine-month profits due to a loss on the sale of its Dutch business. Profits for the period totalled 1.463...
Generali in Germany Launches Next Phase of Restructuring Program
Sep 29 2017 // Generali Deutschland has launched the next phase of its program to reorganize in Germany, which is one of Generali’s core markets. The program is designed to strengthen and streamline operations, while building the...
