Future Generali India Insurance Co. News

Generali Increases Stake in Indian Non-Life Joint Venture

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 approvals. When it announced the deal in …

Generali CEO Confident of Closing on Additional Stake in Its Indian Joint Venture

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 Tuesday. Italy’s biggest …

Generali Hikes Stake in Indian Insurance Joint Venture to 49% from 25.5%

Generali Group has finalized its agreement to increase its stake in its Indian insurance joint venture with Future Group to 49 percent from 25.5 percent. Through this transaction, Generali has committed up to approximately €120 million ($137.3 million) to its …

Generali Expands Stake in India’s Future Group to 49%

Generali Group announced it has signed an agreement with Future Group to increase its stake in its insurance ventures in India to 49 percent from 25.5 percent. Generali’s presence in India is currently in the form of two joint ventures …