Articles by Sonia Sirletti , Tommaso Ebhardt and Lananh Nguyen

Generali in Early Negotiations to Buy MetLife’s Central European Assets: Sources

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 matter. The business may be …

Italy’s UniCredit Reveals Massive Data Breach Involving 400,000 Bank Accounts

UniCredit SpA said hackers accessed about 400,000 client bank accounts in Italy, taking biographical and loan data in one of the biggest breaches in Europe to date. The breaches occurred in September and October of 2016 and June to July …

Intesa Consults Investors Ahead of Possible Generali Deal: Sources

Intesa Sanpaolo SpA is sounding out investors about a possible combination with Assicurazioni Generali SpA and weighing which of the insurer’s assets it might sell, according to people with knowledge of the matter. Intesa Chief Executive Officer Carlo Messina is …

Intesa Says Possible Generali Bid Is Just One of Many Options Being Eyed

Intesa Sanpaolo SpA said it’s weighing a potential takeover of Assicurazioni Generali SpA and described a possible bid as a “case study” that is only one of many options the Italian bank is considering. The Turin-based bank responded in a …

Intesa Sanpaolo Bank Confirms It Is Eyeing a Merger with Generali

Intesa Sanpaolo SpA said it’s considering a merger with Assicurazioni Generali SpA, a deal that would reshape Italy’s financial industry by combining its second-biggest bank and largest insurer. “Possible industrial combinations with Assicurazioni Generali are currently being examined by the …

Allianz, Intesa Sanpaolo Eyeing Generali Deal: News Report

Allianz SE, Europe’s largest insurer, and Intesa Sanpaolo SpA are interested in Assicurazioni Generali SpA, Italian newspaper La Stampa reported Sunday, without citing anyone. Intesa is studying a “possible operation” with regard to the Italian insurer, La Stampa reported, without …

Generali Q2 Net Income Falls 6% on Low Interest Rates & Volatile Equity Markets

Assicurazioni Generali SpA, Italy’s biggest insurer, said second-quarter profit fell 6 percent as low interest rates and volatile equity markets hurt investment gains. Net income declined to 590 million euros ($654 million) from 626 million euros a year earlier, the …

Generali Profit Drops 14% to $672M on Lower Income from Life Business

Assicurazioni Generali SpA, Italy’s biggest insurer, said first-quarter profit fell 14 percent on lower income from its life insurance business and after record capital gains from last year weren’t repeated. The shares fell the most in three months. Net income …

Generali Q4 Profit Misses Analysts’ Estimates on Life Income; Donnet Named CEO

Assicurazioni Generali SpA’s fourth-quarter profit rose less than some analysts expected on a writedown of its stake in BTG Pactual Group and lower income at its life business. The shares had their biggest decline in more than a month. The …

Generali Set to Nominate Donnet as CEO, Succeeding Greco: Sources

Assicurazioni Generali SpA is set to propose Italy country manager Philippe Donnet as chief executive officer, replacing Mario Greco, who has joined Zurich Insurance Group AG, according to two people with knowledge of the discussions. Generali’s appointments and corporate governance …