Latest Generali Life Assurance (Thailand) Plc. Headlines

All the headlines from our Generali Life Assurance (Thailand) Plc. Topic Page, ordered by recency.

S&P Affirms, Withdraws Toro Ratings after Generali Acquisition; Nuova Tirrena Ratings Lowered, Withdrawn

Feb 14 2007 // Standard & Poor’s Ratings Services announced that it has affirmed its “AA-” long-term counterparty credit and insurer financial strength ratings on Italy’s Toro Assicurazioni SpA with a stable...

S&P Rates Generali Notes

Jan 19 2007 // Standard & Poor’s Ratings Services has assigned its preliminary “A”‘ junior subordinated debt rating to the proposed perpetual, subordinated, fixed/floating-rate step-up notes to be issued by...

S&P: Some Ratings ‘Not Affected’ by Italy Downgrade

Oct 20 2006 // After Standard & Poor’s Ratings Services lowered its country ratings on Italy to “A+” from “AA-” it issued a supplementary bulletin that reaffirmed its ratings on three of the...

Generali Signs Deal to Acquire 51% Stake in Bulgaria’s Orel-G Holding

Jul 11 2006 // It’s not just the Italian Football (soccer) team that’s in an expansive mood. Italy’s Generali Group announced that it has signed an agreement for the acquisition of a 51 percent shareholding in Bulgarian...

Generali to Acquire De Agostini’s Majority Toro Stake; $4.84 Billion Total

Jun 26 2006 // Italy’s largest insurer, Assicurazioni Generali SpA, has signed an agreement for the acquisition of a controlling shareholding in Toro Assicurazioni SpA from Italian publishing group De Agostini the current...

Generali Profits up 15.2% to $2.3 Billion

Mar 27 2006 // Italy’s Generali Group posted strong 2005 results with consolidated profits rising to €1.9186 billion ($2.3096 billion) up 15.2 percent from the €1.6658 billion ($2.005 billion) it earned ion 2004. Other...

Generali Posts 15% 2005 Profit Rise to $2.3 Billion; Unveils Growth Plan

Mar 7 2006 // The Generali Group announced impressive preliminary results for 2005 and an ambitious growth plan at a general meeting yesterday, March 6, in Milan. 2005 profits rose 15 percent to €1.918 billion ($2.3 billion). The...

S&P, Best Comment on Generali Plans

Mar 7 2006 // Standard & Poor’s Ratings Services and A.M. Best Co. both issued brief bulletins commenting on Generali’s earnings announcement and its plans for the future, which include issuing new hybrid securities...

Generali in Joint P/C Venture with China National Petroleum

Feb 1 2006 // Italy’s Assicurazioni Generali announced that it has received the go-ahead from the China Insurance Regulatory Commission (CIRC), to set up a joint venture to operate in the non-life sector with its partner, China...

A.M. Best Affirms Ratings of Assicurazioni Generali S.p.A.

Jul 22 2005 // A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and the issuer credit rating of “aa-” of Assicurazioni Generali S.p.A. (Generali) (Italy). At the same time, A.M. Best has affirmed the...

Best, S&P Rate Generali $653 Million Debt Issue

Apr 22 2005 // A.M. Best Co. and Standard & Poor’s Ratings Services have assigned an “a+” and an “AA-” senior unsecured debt rating respectively to the 500 million euro ($653.4 million) notes due in...

A.M. Best Revises Generali Debt Ratings

Apr 22 2005 // Following its assignment of an “a+” rating to Generali’s 500 million euro ($653.4 million) debt issue (see previous article), A.M. Best Co. announced that it has revised the ratings of the debt...

Generali Announces Strong 2004 Results; Net Profit of $1.7 Billion

Apr 14 2005 // Assicurazioni Generali SpA, Italy’s largest insurer, announced strong results for 2004 with net profits of 1.315 billion euros ($1.692 billion), slightly ahead of estimates and gross premiums of 56.3 billion euros...

Best Affirms Generali Ratings; Outlook Now Stable

Jan 21 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) and assigned an issuer credit rating of “aa-” to Italy’s largest insurer Assicurazioni Generali...

Federal Judge Dismisses Holocaust Insurance Cases

Oct 15 2004 // A federal judge on Thursday tossed out 20 lawsuits accusing an insurance company of not paying benefits to victims of the Holocaust. U.S. District Judge Michael Mukasey claimed the lawsuits are pre-empted by the U.S....

S&P Affirms UMS Generali Marine ‘A-‘ Rating

Oct 6 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “A-” long-term counterparty credit and insurer financial strength ratings on UMS Generali Marine SpA (UMS) with a positive...

S&P Revises Outlook on Italy’s Generali to Stable; Affirms ‘AA’ Ratings

Sep 14 2004 // Standard & Poor’s Ratings Services announced that it has revised to stable from negative its outlook on Assicurazioni Generali SpA, the parent and main property-casualty company of the pan-European insurance...

Calif. Holocaust Survivors Seek Class Action Status of Lawsuit

Jul 9 2004 // Roman Rakover, an 86-year-old Holocaust survivor, believes he is the sole beneficiary of two life insurance policies taken out by his father around 1930 in the amount of $20,000 each. He has a vivid memory of his father...

S&P Lowers Italy’s Credit Rating; No Change for Generali

Jul 8 2004 // Standard & Poor’s Ratings Services announced that it has lowered its long-term sovereign credit ratings on the Republic of Italy to “AA-” from “AA”, due to the deterioration of public...

Zurich to Sell Most French Business to Generali

Sep 8 2003 // Zurich Financial Services announced that it has agreed to sell its French life business, including its Eagle Star operations and parts of its non-life operations in the consumer and commercial segments, distributed by...