Latest Generali Life Assurance (Thailand) Plc. Headlines
All the headlines from our Generali Life Assurance (Thailand) Plc. Topic Page, ordered by recency.
Generali Weighs Strategic Options for Swiss Insurance Business
Jun 11 2020 // Assicurazioni Generali SpA is exploring strategic options for its Swiss insurance operations, according to people familiar with the matter. The Italian company is working with advisers to study alternatives including a...
Billionaire Del Vecchio Doesn’t Seek Merger Between Generali and AXA or Zurich: Source
Jun 3 2020 // Leonardo Del Vecchio’s plans to boost the European presence of Italy’s top insurer Generali do not include a cross-border merger with rivals AXA or Zurich, a source close to the billionaire said on...
Billionaire Del Vecchio Seeks to Raise Stake in Generali’s Biggest Investor, Mediobanca
Jun 1 2020 // Italian eyewear billionaire Leonardo Del Vecchio stepped up his efforts to become a bigger player in Italy’s finance industry, asking for approval to raise his stake in Mediobanca SpA to as much as 20%. The shares...
Allianz and Generali Plan to Sell Life Insurance Assets: Sources
May 28 2020 // Two of Europe’s largest insurers are gearing up to sell billions of euros in life assets — a niche corner of dealmaking keeping bankers busy amid the coronavirus pandemic. Allianz SE is planning to divest as...
Update: Generali 1st Quarter Net Profit Plunges 84.8% on COVID-19 Investment Hit
May 21 2020 // Generali’s first quarter net profit plunged 84.8% to €113 million (US$124 million) from €744 million (US$815.5 million) reported in Q1 2019, as a result of the impact of the COVID-19 pandemic on financial...
Generali Digitizes Art Insurance, Offering Collectors Remote Evaluation of Artworks
May 20 2020 // ARTE Generali, Generali Group’s business unit that provides art insurance to collectors, has unveiled a new app, which offers remote evaluation of artworks. In addition, ARTE Generali has set up a program to support...
Generali and Insurtech Descartes Underwriting to Develop Parametric Insurance Cover
May 15 2020 // Generali’s P&C unit Global Corporate & Commercial (GC&C) and insurtech company Descartes Underwriting have formed a strategic partnership to develop parametric products designed to help close the growing...
Generali Confident of Rebuffing Takeovers Thanks to Strong Capital, Financial Position
Apr 27 2020 // Italy’s top insurer, Assicurazioni Generali, said on Saturday it was confident of being able to rebuff a potential takeover bid, thanks to a “solid” group of core domestic shareholders and a strong...
India’s Future Group to Sell Stake in Insurance Joint Venture with Generali
Apr 13 2020 // India’s Future Group has picked UBS Group AG to lead the sale of its stake in an insurance joint venture with Italy’s Assicurazioni Generali SpA, according to people familiar with the matter. Future Group is...
Italy’s Generali to Pay 2019 Dividend, Resisting EU Regulatory Guidance
Apr 13 2020 // Italy’s biggest insurer Generali on Friday said it would pay its 2019 dividend in two tranches, confirming a total payout of 0.96 euros per share, citing its strong capital position. The announcement flies in the...
Italian Companies, Including Generali, to Provide Funds for Coronavirus Crisis
Mar 13 2020 // Italy’s biggest insurer, Generali, on Friday joined a growing number of companies that have rushed to provide funds to hospitals and non-profit organizations to fight the coronavirus crisis. Italy has been hardest...
Italy’s Generali Posts Record Operating Result for 2019
Mar 13 2020 // Italy’s biggest insurer Assicurazioni Generali confirmed all its targets through 2021 on Friday, after posting a record operating result for 2019, despite coronavirus-related uncertainty and soaring market...
Nationwide, Generali Form Joint Venture N2G to Sell Multinational Commercial Lines
Feb 27 2020 // Trieste, Italy meet Columbus, Ohio. Ciao! Hello! Two large insurers — Ohio’s Nationwide and Italy’s Generali — are teaming up to serve commercial insurance customers with global needs. The insurers...
Generali, Great Eastern Weigh Bids for Malaysia Insurers, Part Owned by AXA: Sources
Feb 18 2020 // Singapore’s Great Eastern Holdings Ltd. and Assicurazioni Generali SpA are among potential bidders for the life and general insurance businesses in Malaysia that AXA SA and Affin Bank Bhd. own, according to people...
Generali’s Europ Assistance Opens Office in Thailand
Jan 16 2020 // Europ Assistance, the Generali subsidiary, announced it has opened an office in Thailand, expanding the company’s commitment to the Asia region where it has operated for the past 30 years. Europ Assistance now...
Generali Completes Acquisition of Portugal Insurer Seguradoras Unidas from Apollo
Jan 8 2020 // Generali finalized the acquisition in Portugal of the insurer Seguradoras Unidas and the health services company AdvanceCare from Apollo Global Management Inc. for €600 million (US$670.1 million) Generali paid €510...
Generali’s Talks to Buy MetLife’s Europe Assets Stall over Price Differences: Sources
Dec 3 2019 // Italian insurer Assicurazioni Generali has held talks with U.S. rival MetLife Inc to buy the bulk of its European assets but discussions have stalled due to differences over price, four sources told Reuters. Generali,...
Generali Prepares to Make Formal Bid for MetLife’s European Assets: Sources
Nov 25 2019 // Assicurazioni Generali SpA is preparing to make a formal bid for the European assets of MetLife Inc. following months of talks, people with knowledge of the matter said. The Italian insurer has been finishing due diligence...
Generali Launches Art Insurance Unit, Aiming to Be ‘Partner for Life’ for Collectors
Nov 14 2019 // Italian insurer Generali launched a new business Tuesday to cover art works, engaging as a poster boy the contemporary artist Maurizio Cattelan, whose gold-covered statue valued at 2.4 million euros ($2.6 million) was...
Are Employees Pushing Insurers to Shun Coal in Climate Change Movement?
Nov 7 2019 // Seventeen insurers have restricted insurance services to coal projects in the past two years. A dozen insurers have adopted policies to stop all direct insurance coverage to new coal projects – among them are Allianz,...
