Generali has put its 44 billion euro ($50 billion) German life insurance portfolio up for sale as it restructures in Europe, sources close to the matter said. Morgan Stanley is evaluating options, including a sale, for Generali Leben which ceased …
Second of Two Articles There has been a lot of press – and perhaps hype – about blockchain and its potential to revolutionize the industry’s processes and ultimately improve the customer experience. However, the efforts of the industry’s B3i initiative …
Generali announced that Jean-Laurent Granier, 51, will join Generali Group as country manager for France and président directeur général (PDG) of Generali France with effect from June 1, 2017. Granier also will join the group management committee of Assicurazioni Generali. …
Generali is looking to buy portfolio management teams to expand its asset management operations and beef up its fee-based business, the Italian group said after reporting a 9 percent fall in first-quarter profits on Thursday. Italy’s biggest insurer said it …
Emerging technologies such as artificial intelligence, the internet of things (IoT) and blockchain were prominently featured among the winners of the second annual Efma-Accenture Innovation in Insurance awards. Aimed at showcasing the best examples of insurance technology innovations in multiple …
Zurich Insurance Group AG wants more freedom from its shareholders to raise money quickly. That’s odd. Switzerland’s largest insurer has no capital hole that needs filling. The move suggests newish CEO Mario Greco may be concerned about missing out on …
Insurance companies are running out of ideas. They’ve bolstered their balance sheets since the financial crisis but have few racy growth prospects in a world of low interest rates, pricing pressure and regulatory hassles. Big mergers may be the most …
Italy’s biggest insurer Generali has hired BNP Paribas to sell its Dutch business as part of a plan to cut costs in weaker markets and boost profits, sources told Reuters. Generali, which generates most of its revenues and earnings in …
Italy’s biggest retail bank Intesa Sanpaolo abandoned plans to join forces with the country’s largest insurer Assicurazioni Generali on Friday, saying a tie-up would not create value for its shareholders. A merger of the two would have created an Italian …
AXA has reached a “critical size” and is ruling out major acquisitions such as Italy’s Generali, the French insurer’s chief executive Thomas Buberl said on Thursday. It is managing risks relating to May’s presidential election in France and raising its …
