Italian insurer Generali Group has inked an agreement with Cattolica to divest 100% of the capital of Fata Assicurazioni Danni, in a transaction valued at nearly €179m. Generali noted that the transaction will enable it to further ...
Tags: insurer, Generali Group
French diversified financial service conglomerate SCOR Group has acquired the US life reinsurance business of Italy-based insurer Generali Group, for total gross proceeds of $910m in a combination of cash and collateral. The acquisition, ...
Tags: SCOR Group, Life Reinsurance
Italian insurer The Generali Group has posted net profit of €1.08bn for the first half of 2013, an increase of 28.4% compared to €842m for the same period prior year. Earnings after taxes were €1.16bn in the first half of ...
Tags: Net Profit, insurer
Italy-based underwriter Generali Group has entered into an agreement to dispose of its US life reinsurance business to SCOR, in a deal valued at nearly $920m in a grouping of cash and collateral. Under the terms of the transaction, nearly ...
Tags: Generali, Life Reinsurance
The planned sale of stake in Future Generali India Life Insurance Company to Industrial Investment Trust Ltd (IITL) has received approval from fair trade regulator Competition Commission of India (CCI). The approval was granted after a ...
Tags: Service
Generali France has entered into a 10 year agreement with Accenture to manage a portfolio of over 100,000 individual life insurance policies, which are no longer underwritten, marketed or promoted by the insurer. Based on the agreement, ...
Tags: Generali France, portfolio, insurance policy, insurance