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Generali agrees to acquire some European businesses from Liberty Mutual for $ 2.5 billion

by AIP Online Bureau | Jun 17, 2023 | International News, Non-Life, Workplace/Employee Benefits

Generali beat out other large European insurers to acquire the asset, which includes businesses in Spain and Portugal, Ireland and Northern Ireland. “Generali is acquiring a profitable insurance business in three growing European markets with very attractive...

Future Group sells 25 pc stake in FGIICL to JV partner Generali for Rs 1,266 cr

by AIP Online Bureau | May 5, 2022 | Indian News, Life, Non-Life

As part of the deal, Generali has an option to buy out FEL’s remaining interest in FGIICL ”directly or through a nominee” at an agreed valuation, subject to applicable regulatory approvals, FEL had said earlier New Delhi: Debt-ridden Future Group on...
Generali CEO Donnet survives but faces rebel pressure

Generali CEO Donnet survives but faces rebel pressure

by AIP Online Bureau | Apr 30, 2022 | International News, Life, Non-Life

Philippe Donnet, CEO,Generali, “The unambiguous choice of a majority of shareholders is proof of the confidence they have in our management team and strategic plan,” said Donnet, who enjoyed the backing of leading investor Mediobanca and Generali’s institutional...
Generali hikes its stake to 68 % in its Indian life JV

Generali hikes its stake to 68 % in its Indian life JV

by AIP Online Bureau | Mar 30, 2022 | Indian News, Life

Generali now holds a stake of around 68% in FGIL, which may increase further to 71% by the end of 2022, following further subscription of shares by Generali Jaime Anchústegui Melgarejo, CEO International of Generali, said: “This acquisition is in line with Generali’s...

Generali challengers show hand ahead of investor vote

by AIP Online Bureau | Mar 27, 2022 | International News, Non-Life

Francesco Gaetano Caltagirone, a leading investor in Generali, together with entrepreneur Leonardo Del Vecchio, Generali’s third biggest investor, are opposing the reappointment of the insurer’s current chief executive Philippe Donnet as they challenge the influence...
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