Latest Generali Life Assurance (Thailand) Plc. Headlines
All the headlines from our Generali Life Assurance (Thailand) Plc. Topic Page, ordered by recency.
Generali Increases Stake in Indian Non-Life Joint Venture
May 9 2022 // Italy’s top insurer Generali said on Friday it had completed the acquisition of a 25% stake in its Indian non-life insurance joint venture, increasing its holding to 74% after receiving regulatory and competition...
Generali’s Board Reappoints CEO Without Support From Rebel Investors: Sources
May 3 2022 // The board of Generali on Monday reappointed Philippe Donnet as chief executive with 10 votes in favor out of 13, two sources said, after a group of rebel Italian investors seeking to oust him lost out in a shareholder vote...
Update: Generali’s CEO Survives Leadership Challenge, but Rebels Take Board Seats
Apr 29 2022 // Philippe Donnet kept his job as chief executive of Italian insurer Generali on Friday, surviving a challenge from rebel domestic investors who retained board seats and vowed to keep up the pressure for reform. The vote at...
Update: Who’s Who in Generali’s CEO Election Drama
Apr 28 2022 // Philippe Donnet, who has been CEO at Europe’s third-largest insurer since 2016, is running for reappointment with the backing of Generali’s outgoing board and its leading shareholder Mediobanca. Donnet’s...
Generali’s Shareholders to Decide CEO Donnet’s Fate at Friday’s AGM
Apr 27 2022 // Generali’s shareholders will decide the future of the Italian insurer’s CEO Philippe Donnet in a vote on Friday, after a rebel investor locked in a bitter power struggle proposed a rival. Donnet, chief...
Generali Investor Deka Will Vote for Current Management, Led by CEO Donnet
Apr 26 2022 // Generali investor Deka Investment will vote in favor of current management led by chief executive Philippe Donnet, the asset manager’s head of corporate governance said on Monday. Shareholders in Italy’s...
Major Generali Investor Norges Backs Reappointment of CEO Donnet
Apr 22 2022 // Norges Bank Investment Management, one of the main institutional investors in Generali GASI.MI, backs the reappointment of CEO Philippe Donnet, a proxy voting record on the website of the company running Norway’s...
Generali Shareholders Urged to Back Reappointment of CEO Donnet
Apr 11 2022 // Leading investor advisers have recommended shareholders at Generali back the proposal by the Italian insurer’s outgoing board to hand CEO Philippe Donnet another term at the helm, documents showed on Saturday. In...
Rebel Generali Investor Could Mount Legal Challenge if Bid to Remake Board Fails
Apr 7 2022 // A rebel investor in Generali could mount a legal challenge if his bid to appoint new top executives at Italy’s largest insurer loses by a narrow margin in a shareholder vote this month, a candidate for the...
Generali Investor Del Vecchio Backs Change in Insurer’s Leadership
Mar 31 2022 // Italian tycoon Leonardo Del Vecchio is backing a push for a change in leadership at Assicurazioni Generali SpA, saying that a proposed slate of new managers put forward by investor Francesco Gaetano Caltagirone could free...
Generali Fires CEO Donnet’s Internal Rival as Power Struggle Continues
Mar 28 2022 // Generali has fired executive Luciano Cirina, who is challenging incumbent Philippe Donnet for the role of chief executive, with immediate effect for alleged breach of contract, Italy’s largest insurer said on...
Update: Challengers to Generali’s Management Target Higher Growth, Bigger M&A
Mar 25 2022 // The rebel challengers to Generali’s current management pledged to grow earnings by double figures through cost cuts and free up more cash for M&A deals for Italy’s largest insurer. Generali is facing a...
Generali Investor Wants Insurer to Be Multinational ‘With Italian Sovereignty’: Report
Mar 25 2022 // Francesco Gaetano Caltagirone, a leading investor in Generali, wants Italy’s top insurer to grow into a big multinational “with Italian sovereignty,” the business tycoon was quoted as saying on...
Generali Suspends CEO Donnet’s Internal Rival in Ongoing Power Struggle
Mar 24 2022 // Insurer Generali said on Wednesday it had suspended Luciano Cirina, its head of Austria and CEE countries, who has been proposed by a leading shareholder for the role of chief executive in a challenge to incumbent Philippe...
Leading Generali Investor Proposes Insurer’s Austria Chief as New CEO
Mar 16 2022 // A leading Generali shareholder on Tuesday proposed naming the Italian insurer’s head of Austria as its new chief executive, in a challenge to the reappointment of Philippe Donnet. Generali’s outgoing board has...
Generali CEO Confident of Closing on Additional Stake in Its Indian Joint Venture
Mar 16 2022 // Generali is confident it will finalize the acquisition of a bigger stake in its Indian joint venture Future Generali after an Indian court cleared the path for the deal last week, Chief Executive Philippe Donnet said on...
Generali Reports Record Operating Profit in 2021, as Board Battle Looms
Mar 15 2022 // Italy’s top insurer Generali, facing a power struggle over its management, said on Tuesday it posted record operating profit last year thanks to a strong contribution from all of its business segments. Generali also...
People Moves: AXA XL Names Bewlay Chief Exec Reinsurance, Replacing Cooper; Marsh Promotes 3 for Affinity; Hartford Hires Generali’s Mather to Lead Int’l Financial Lines
Mar 10 2022 // This edition of International People Moves details appointments at AXA XL, Marsh and The Hartford. A summary of these new hires follows here. AXA XL Names Bewlay as Chief Executive Reinsurance, Succeeding Cooper AXA XL...
Italian Insurer Generali to Pull Out of Russia, Give Up Seats on Russian Insurer Board
Mar 4 2022 // Leading Italian insurer Generali said on Thursday it was pulling out of Russia after Moscow’s invasion of Ukraine, while Intesa Sanpaolo, Italy’s biggest bank, is reviewing its presence there. Generali said...
Indian Court Blocks Struggling Future Enterprises Sale of Stake in Insurer Generali
Mar 1 2022 // An Indian court has blocked Future Enterprises from selling its stake in its general insurance joint venture business with Italy’s Generali, following a legal challenge by a group representing bondholders, two...
