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...
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...
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...
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...
by AIP Online Bureau | Mar 17, 2022 | Indian News, Life, Non-Life, Policy, Regulation
Italy’s biggest insurer agreed in January to buy a 25% stake in Future Generali India Insurance from its joint venture partner, debt-laden Future Group, for 145 million euros ($159.37 million), giving the Italian group 74% ownership of the venture New Delhi: The...
