Generali buys U.S. asset manager Conning under deal with Cathay Life
MILAN (Reuters) – Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit of Taiwan’s …
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Generali plans sale of $21 billion of its Italian life insurance portfolio -Bloomberg News
(Reuters) -Italian insurer Generali SpA is planning to sell roughly 20 billion euros ($21 billion) of its Italian life insurance portfolio, Bloomberg News reported on …
Generali shareholder showdown to decide CEO Donnet’s fate
By Gianluca Semeraro and Valentina Za MILAN – Generali’s shareholders will decide the future of the Italian insurer’s CEO Philippe Donnet in a vote on …
Benettons side with challenger Generali investors, aim to foster dialogue-source
MILAN – Italy’s Benetton family, a leading shareholder in Generali, has decided to side with other key investors in the insurer who are pushing for …
Generali investor Benetton to vote for alternative CEO candidate – paper
ROME – Italy’s Benetton family, a shareholder in insurer Generali, has decided to vote for the slate of candidates submitted by a challenger investor and …
Factbox-Who’s who in the Generali drama
MILAN – Shareholders in Assicurazioni Generali will vote on April 29 to name a new chief executive and board of directors at Europe’s third-largest insurer. …
Facing shareholder showdown, Generali CEO says can deliver on plan
By Gianluca Semeraro and Valentina Za MILAN – Generali boss Philippe Donnet, facing a challenge to his leadership from rebel investors, is confident he can …
Generali challenger’s plan would increase debt leverage to near 25% – paper
ROME – A plan for Italy’s Generali put forward by a rebel investor would aim to increase the insurer’s debt leverage to near 25% for …
Generali shareholder Union Investment supports existing management
LONDON – Major Generali shareholder Union Investment supports existing management in the insurer led by chief executive Philippe Donnet, a portfolio manager in the firm …
Generali investor Del Vecchio backs Caltagirone’s plan for insurer – Bloomberg
MILAN – A strategic plan for Generali backed by rebel shareholder Francesco Gaetano Caltagirone goes in the right direction by setting up the company for …
Generali investors Delfin and CRT end their shareholder pact
MILANO – Two investors in Generali said on Tuesday they had dissolved a pact they had struck last year to challenge the Italian insurer’s top …
Analyst reaction to alternative Generali strategy
MILAN – Rebel challengers to Generali’s current management pledged to increase earnings by a double-digit percentage and free more cash for takeovers, setting out their …
Generali suspends Donnet’s internal rival in CEO race
MILAN – Insurer Generali said on Wednesday it had suspended Luciano Cirina, its head of Austria and CEE countries, who has been proposed by a …
Generali investor proposes naming insurer’s Austria chief as CEO
By Stefano Bernabei ROME – A leading Generali shareholder on Tuesday proposed naming the Italian insurer’s head of Austria as its new chief executive, in …
Generali struggle intensifies as investor plots own CEO candidate
By Stefano Bernabei and Gianluca Semeraro ROME – Generali’s second-biggest investor, construction tycoon Francesco Gaetano Caltagirone, plans to put forward his own candidate to lead …
Italy’s Generali to pull out of Russia as Intesa reviews business
MILAN – Leading Italian insurer Generali said on Thursday it was pulling out of Russia after Moscow’s invasion of Ukraine, while Intesa Sanpaolo, Italy’s biggest …
Activist Generali investors call for “open dialogue”
MILAN -Two activist investors in Generali on Tuesday urged Italy’s leading insurer to engage in “an open and constructive dialogue” to overcome issues that have …