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 Cathay Financial Holding, the Italian…
(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 Wednesday, citing people familiar with…
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 Friday, after a rebel investor…
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 a change at the helm,…
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 not in favour of current…
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. CEO Philippe Donnet, at the…
By Gianluca Semeraro and Valentina Za MILAN – Generali boss Philippe Donnet, facing a challenge to his leadership from rebel investors, is confident he can deliver on his plans for…
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 any worthy operations, the CEO…
LONDON – Major Generali shareholder Union Investment supports existing management in the insurer led by chief executive Philippe Donnet, a portfolio manager in the firm said on Thursday. Generali is…
MILAN – A strategic plan for Generali backed by rebel shareholder Francesco Gaetano Caltagirone goes in the right direction by setting up the company for growth, another of the top…
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 shareholder Mediobanca over the renewal…
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 plans for Italy’s largest insurer…
MILAN – Insurer Generali said on Wednesday it had suspended Luciano Cirina, its head of Austria and CEE countries, who has been proposed by a leading shareholder for the role…
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 a challenge to the reappointment…
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 biggest insurer, challenging the…
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 bank, is reviewing its presence…
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 held back its growth. Generali…
MILAN – Francesco Gaetano Caltagirone has quit a pact with fellow Generali investor Leonardo Del Vecchio which the two Italian magnates had struck to challenge the insurer’s top shareholder Mediobanca,…