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 Generali at ‘AA’; Outlook Negative

Jul 28 2003 // Standard & Poor’s has affirmed its ‘AA’ financial strength and long-term counterparty credit ratings on Assicurazioni Generali SpA, the parent and main property-casualty company of the pan-European...

S&P Revises UMS Generali Marine SpA Outlook to Positive

Jul 17 2003 // Standard & Poor’s Ratings Services said it revised its outlook on Italy-based marine insurer UMS Generali Marine SpA (UMS) to positive from stable. At the same time, S&P affirmed its ‘A-‘...

Report Generali Seeking French Insurer

Jun 17 2003 // According to newspaper reports Italy’s Generali may soon make a 300 million euro ($355.5 million) bid for French insurer Le Continent in a bid to increase its share of the French market. It considers the country a...

Mediobanca and Premafin Regain Voting Rights for Generali Shares

Jun 16 2003 // Italy’s anti-trust regulators have ruled that both Mediobanca SpA and Premafin Finanziaria SpA are again entitled to vote their shares in Asscurazioni Generali SpA, following the divestiture ordered by the authority...

Generali Reconfirms Top Executives, Appoints New Board Members

Apr 28 2003 // Generali SpA, Italy’s largest insurer, has reconfirmed the positions of Antoine Bernheim as Board Chairman and Giovanni Perisinotto and Sergio Balbino as co-Chief Executives for an additional three-year period, while...

A.M. Best Affirms Generali’s A+ (Superior) Ratings

Mar 27 2003 // A.M. Best Co. announced that it has affirmed the A+(Superior) financial strength rating of Italy’s Assicurazioni Generali S.p.A., and assigned a negative outlook. It also announced that it has affirmed...

Generali Posts $800 Million 2002 Loss

Mar 19 2003 // Italy’s Generali joined the growing list of big insurance companies – it’s Europe’s 4th largest in terms of net premiums written – posting big losses with yesterday’s announcement that...

Monte Dei Paschi Acquires 3.1% Stake in Generali

Mar 14 2003 // Monte Dei Paschi, Italy’s fifth largest bank, has acquired a 3.1 percent stake in Assicurazioni Generali, the country’s largest insurer, for an estimated 798 million Euros ($877 million), based on the...

Fitch Affirms Generali ‘AA’ Rating, Revises Outlook to Negative

Dec 6 2002 // Fitch Ratings announced that it has affirmed the Insurer Financial Strength rating of ‘AA’ and the Long-term rating of ‘AA-‘ for Assicurazioni Generali SpA, the major operating insurer and holding...

S&P Revises Assicurazioni Generali Outlook to Negative

Nov 19 2002 // Standard & Poor’s Rating Services announced that, although it was affirming the ‘AA’ insurer financial strength and counterparty credit ratings on Assicurazioni Generali SpA, the parent and main...

Generali Posts $402.7 Q3 Loss

Nov 15 2002 // While it wasn’t in the same league with Allianz, Italy’s Generali posted a 401 million Euro ($402.7 million) loss in the third quarter, compared to a 171 million Euro ($171.7 million) profit in the same period...

Sleepless Nights for CEOs as They Take the Blame for Poor Results

Nov 11 2002 // Uneasy lies the head that wears a crown.” King Henry’s 15th century lament over his lack of sleep may well be shared these days by a number of 21st century CEOs, as investors call for their heads in the wake of...

Court Ruling Challenges SAI-La Fondiaria Merger

Nov 1 2002 // An Italian court has dealt another blow to the ongoing merger plans between SAI and La Fondiaria, aimed at forming the country’s third largest insurance group. This week’s ruling overturns a finding by Consob,...

Italian Regulators Examine Mediobanca Role in Generali, La Fondiaria/SAI Merger

Oct 16 2002 // Consob, the Italian stock market regulatory body, has launched an investigation into the role played by Mediobanca, the powerful Milan based merchant bank, in behind the scenes manuevering concerning the SAI/La Fondiaria...

Sleepless Nights for CEOs as they take the Blame for Poor Results

Oct 14 2002 // “Uneasy lies the head that wears a crown.” King Henry’s 15th century lament over his lack of sleep may well be shared these days by a number of 21st century CEOs, as investors call for their heads in the...

Court Rejects Generali, Zurich Life Contentions in Holocaust Claims Lawsuit

Sep 26 2002 // A federal court in New York has ruled that a lawsuit brought by Holocaust victims and their families against Italian insurer Generali and Switzerland’s Zurich Life Insurance Co. can go forward in the U.S. court. The...

BRIEFLY NOTED: EQECAT; Skandia; Zurich/Generali; Endurance Specialty

Sep 13 2002 // EQECAT Releases Probabilistic Terrorism Insurance Model Oakland-based EQECAT, a leading risk management consulting firm, announced that it has released a “full probabilistic model for terrorism risk assessment for...

S&P Affirms Assicurazioni Generali ‘AA’ Rating

Jun 5 2002 // Standard & Poor’s announced that it has affirmed its double-‘A’ insurer financial strength and counterparty credit ratings on Assicurazioni Generali SpA, the parent and main property-casualty...

European Insurer Hit with Lawsuit Regarding Holocaust Claims

May 22 2001 // A lawsuit filed last week in Los Angeles Superior Court on behalf of an 89-year-old Holocaust-era survivor, Felicia Spirer Haberfeld of Los Angeles, alleges that the European insurer Assicurazioni Generali is sending...

Generali Posts 74 % Net Profit Gain to $1.28 Billion

Mar 27 2001 // Italy’s Assicurazioni Generali SpA posted net profits of €1.452 billion ($1.28 billion) for the year 2000, a healthy 74.1 percent gain over 1999. A capital gain of €273 million ($245 million) from its sale of its...