June 1, 2021
Italy’s largest insurer Assicurazioni Generali SpA launched a 1.2 billion-euro ($1.4 billion) bid to buy all the shares it doesn’t already own in smaller rival Societa Cattolica di Assicurazioni, as part of a strategy to cement its already-commanding presence in …
May 25, 2021
Italian insurer Generali has opened a representative office in Brussels to strengthen public affairs activities with the European Union. Generali said it aims to represent its business priorities while, at the same time, playing an increasingly active corporate citizenship role …
May 10, 2021
MILAN – Italy’s biggest insurer Generali has bought a stake in Ridemovi, which offers bicycle and electric scooter sharing services, to help it expand in Italy, Spain and beyond. Ridemovi, which operates micro-mobility services in 17 Italian and Spanish cities, …
April 29, 2021
MILAN – Leading Generali investor Francesco Gaetano Caltagirone will snub its AGM on Thursday in the first public sign that the businessman is unhappy with the balance of power among shareholders, three sources close to the matter said. Tensions among …
March 26, 2021
Allianz SE, Europe’s largest insurer, is to purchase the Polish operations of Aviva Plc for 2.5 billion euros ($2.9 billion). The deal values London-based Aviva’s Polish business at 2.7 billion euros, according to a statement from Aviva Friday. It’s subject …
March 25, 2021
MILAN – Italian insurer Generali has nudged up its bid for Aviva’s Polish arm, valuing the business at almost 2.5 billion euros ($3 billion), in a last-ditch effort to prevail over Dutch insurer NN, two sources familiar with the matter …
March 17, 2021
MILAN – Italy’s top insurer Generali is considering an acquisition in Russia worth about 2 billion euros ($2.4 billion), although the project is still at a very early stage, a source close to the situation said on Wednesday, confirming a …
March 11, 2021
MILAN – Generali is confident it can hit its targets this year after Italy’s biggest insurer overcame a negative impact from the coronavirus crisis in 2020 to deliver a record operating profit. Operating profit, which is closely watched by the …
March 4, 2021
MILAN – Europe’s insurance industry doesn’t have the capacity to deal with the systemic risk of a pandemic and more protection needs to be put in place through private-public partnerships, the head of Italian insurer Generali said on Thursday. Speaking …
February 25, 2021
LONDON – Aviva has pushed back the deadline for final offers for its Polish operations to late March as the British insurer is still haggling with Spanish lender Santander over the renewal of a key distribution agreement in Poland, sources …