Latest Generali Life Assurance (Thailand) Plc. Headlines
All the headlines from our Generali Life Assurance (Thailand) Plc. Topic Page, ordered by recency.
Generali’s Results Prove It Has Right Strategy, Says Chairman
Oct 16 2019 // The good results Generali has racked up are proof that the insurer is well run and has the backing of shareholders, the group’s chairman Gabriele Galateri di Genola said on Tuesday. Generali became a target of...
Mediobanca Pressed to Grow via M&A and Rely Less on Its Prized Asset, Generali
Oct 11 2019 // Mediobanca’s third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning of the Italian merchant bank’s strategy. The 84-year-old...
Holocaust Survivors Want Congress to Let Them Sue Insurers Over Nazi-Era Losses
Oct 10 2019 // When David Schaecter was a child in Slovakia in the 1930s, he counted more than 100 people in his extended family. By the end of World War II, he alone survived. The rest had been killed in Nazi concentration camps or by...
Major Generali Shareholder, Mediobanca, Pushed to Alter Strategy for Insurer
Oct 10 2019 // Eyewear tycoon Leonardo Del Vecchio on Wednesday urged Mediobanca to build up its investment banking business in a challenge to venerable merchant bank’s strategy, nearly a month after he snapped up a 7% stake that...
Generali Weighs at Least $3.3B in Mid-Sized Insurance, Asset Management M&A
Oct 3 2019 // Assicurazioni Generali SpA, Italy’s biggest insurer, may invest at least 3 billion euros ($3.3 billion) to grow through mid-size acquisitions in insurance and asset management, according to Chief Executive Officer...
Allianz Emerges as Frontrunner to Invest in Bancassurance Unit of Spanish Lender BBVA
Oct 1 2019 // German insurer Allianz has emerged as the frontrunner to invest in the bancassurance business of Spanish lender BBVA, two sources close to the deal told Reuters, after Italian rival Generali pulled out of the race. The...
Generali Launches U.S. Specialty Insurance Division, Focusing on Warranty Services
Sep 20 2019 // Generali US Branch, the U.S. arm of Generali Group, announced the launch of its Specialty Insurance Division, which will focus on providing warranty services and solutions. The Specialty Insurance Division will provide...
Generali’s Net Profit Rises 34.6% in First Half
Aug 1 2019 // Italy’s top insurer, Generali , reported first-half operating profit above market estimates on Thursday, helped by growth across its business segments, and confirmed all of its three-year targets announced in...
Update: Italy’s Generali Calls on China to Further Open Financial Services Sector
Jul 10 2019 // Two of Italy’s largest financial institutions, insurer Assicurazioni Generali and state fund CDP on Wednesday urged China to do more to open up its financial services industry to Italian firms and other foreign...
Generali Is Front-Runner to Buy Portugal Insurer Tranquilidade: Sources
Jul 1 2019 // Assicurazioni Generali SpA has emerged as the front-runner to acquire Apollo Global Management’s Tranquilidade, the second-largest non-life insurer in Portugal, people familiar with the matter said. The Italian...
Generali to Sell Life Run-Off Portfolio of UK Branch to Reinsurance Group of America
May 24 2019 // Generali has signed an agreement to sell the life run-off portfolio of its UK Branch to a subsidiary of Reinsurance Group of America Inc., the St. Louis, Mo.-based life and health reinsurance company. The run-off...
Generali in Early Negotiations to Buy MetLife’s Central European Assets: Sources
May 22 2019 // Assicurazioni Generali SpA is in early talks to buy the Central European assets of MetLife Inc. as the Italian insurer seeks to expand through acquisitions in high-growth markets, according to people with knowledge of the...
Generali’s Net Profit Rises 28% in First Quarter, Boosted by Asset Sales
May 16 2019 // Generali, Italy’s biggest insurer, reported a larger-than-expected 28 percent rise in first-quarter net profit helped by asset sales, though capital ratios fell due to regulatory changes. Generali’s solvency...
Update: Generali Eyes Acquisitions of Small and Medium-Sized European Insurers
May 7 2019 // Italy’s biggest insurer Generali is looking at small and medium-sized insurance companies in Europe to strengthen its presence in the region, it said on Tuesday. Generali said in November it had up to 4 billion euros...
Generali Appoints Zuanella from RSA as Group Chief Digital Officer
Apr 10 2019 // Generali has appointed Steven Zuanella as group chief digital officer. He has responsibility for driving digital transformation, data analytics initiatives and innovation across the group. He reports to Frédéric de...
Italy’s Generali to Seek Acquisitions in Europe, Asia and U.S., Says CEO Donnet
Mar 15 2019 // Italy’s top insurer Generali said it was ready to look around for growth opportunities in Europe, Asia and the U.S. on Thursday and said it was well positioned to achieve the targets it set in November for the years...
Italy’s Generali Beats Targets, Reports 9.4% Rise in Net Profit for 2018
Mar 14 2019 // Italy’s top insurer Assicurazioni Generali raised its dividend for 2018 after beating its business plan targets and posting growth in net and operating profits. In a statement on Thursday, the company said it was...
Allianz, Generali & Liberty Mutual Vying to Invest in BBVA Bancassurance Arm: Sources
Feb 28 2019 // European insurers Allianz and Generali are vying with U.S. rival Liberty Mutual to invest in the bancassurance business of Spanish lender BBVA, four sources familiar with the matter told Reuters. The sale, led by Bank of...
Generali Global Assistance Acquires Travel Insurance Agency Trip Mate from A.J. Gallagher
Feb 6 2019 // Generali Global Assistance said it has acquired Trip Mate from Arthur J. Gallagher. Details were not disclosed. Trip Mate is incorporated in Kansas and domiciled in the state of Missouri. It is licensed in all states. Its...
Generali Completes Sale of Belgium Unit to Bermuda Re/Insurance Group Athora
Jan 2 2019 // Assicurazioni Generali SpA announced the closing of the sale of its entire stake in Generali Belgium SA to Athora Holding Ltd. for approximately €540 million ($618.9 million). The deal was first announced on April 18,...
