Generali News
Generali Reportedly in Talks to Buy AXA Malaysia Assets
Italy's biggest insurer Generali is in exclusive talks to buy assets in Malaysia belonging to French rival AXA in a deal worth around 300 million euros ($358 million), two sources said on Tuesday. ...
Generali Increases Bid for Aviva’s Polish Arm
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 ...
Generali Reportedly Pursuing $2.4B Acquisition in Russia
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 ...
Generali Hit by Coronavirus Costs, but Upbeat About 2021
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 ...
Generali CEO Donnet: Insurers Can’t Handle Pandemic Risk on Their Own
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 ...
Generali Unveils $4.3B Plan to Support COVID-Hit Euro Economies
Italy's top insurer Generali said on Wednesday it launched a 3.5 billion euro ($4.26 billion) investment plan over five years to support the recovery of European countries hit by COVID-19. The plan, ...
Generali Will Pay $203M for AXA’s Greek Operations
Assicurazioni Generali SpA agreed to buy the Greek operations of French insurer AXA SA as part of its plans to expand in European non-life and health businesses. The Italian company will pay 165 ...
Generali Embraces the Cloud in Accenture Joint Venture
Generali Group formed a joint venture with technology consultancy Accenture that's designed to accelerate its migration to the cloud in an ongoing innovation and digitization plan. Generali said it ...