Generali News
Generali Offices Raided In Italy Insurance Probe
Italy's tax police raided the offices of state railway Ferrovie dello Stato (FS) and Generali to gather documents in a probe related to the awarding of contracts to the Italian insurer, a document ...
The Latest Launches From Generali/GEICO and RMS
A division of Generali Group is using its cyber protection platform for GEICO Insurance Agency customers. Catastrophe modeler RMS said it has made major updates to its line of HWind forecasting ...
Generali Continues Search for M&A Bargains as Profits Drop
Insurer Generali expects lower profits this year after COVID-19 hit first-half results, but will still keep an eye open for M&A opportunities that might arise from the crisis, it said on ...
Generali Reportedly Interested in Acquiring U.S. Asset Manager Brightsphere
Assicurazioni Generali SpA has approached Brightsphere Investment Group Inc about a possible acquisition of the U.S. asset management firm, people familiar with the matter said on Friday. A deal ...
Generali Looks at Strategic Options for Swiss Insurance Operations
Assicurazioni Generali SpA is exploring strategic options for its Swiss insurance operations, according to people familiar with the matter. The Italian company is working with advisers to study ...
Allianz and Generali Plan to Sell Life Insurance Assets: Sources
Two of Europe's largest insurers are gearing up to sell billions of euros in life assets—a niche corner of dealmaking keeping bankers busy amid the coronavirus pandemic. Allianz SE is planning to ...
Generali Sees Net Profit Plunge Due to COVID-19-Related Investment Losses
Generali's first-quarter net profit plunged 84.8 percent to €113 million ($124 million) from €744 million ($815.5 million) reported in Q1 2019 as a result of the impact of the COVID-19 pandemic ...
The Latest Launches From Generali and BHSI
A unit of Generali is teaming with an InsurTech to develop parametric products that help close the growing insurance protection gap. Berkshire Hathaway Specialty Insurance said it is now providing ...