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...
by AIP Online Bureau | Mar 8, 2022 | Indian News, Life, Non-Life
A Mumbai city court late last month put on hold Future’s planned sale of its 25% stake in Future Generali India Insurance Company to Generali for 12.52 billion rupees ($162.82 million), after a legal challenge from some bondholders of Future companies that had...
by AIP Online Bureau | Mar 4, 2022 | International News, Non-Life, Reinsurance
Europe’s No 3 insurer said its exposure to the Russian market in terms of investments and insurance business was under constant evaluation. The moves come as Western countries seek to distance themselves from Russian business after President Vladimir Putin...
