Generali
Generali and Allianz among downgraded Italian insurers
Moody's Investors Service has downgraded three Italian insurers in reflection of the Italian sovereign’s weakening credit worthiness.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Generali acquires Region in Russia
Generali PPF Holding has bought 100% of the shares in insurance public stock company Region.
Future Generali targets rural segment with microinsurance product
Generali’s Indian joint venture Future Generali has launched a microinsurance product for rural business owners.
Market moves: A busy week in recruitment
The insurance industry enjoyed a busy week in recruitment, and brokers were the main movers and shakers as Marsh UK & Ireland welcomed a new chief executive and Giles named a new COO.
Fondiaria-Unipol merger suffers further setback
Jonella and Paolo Ligresti, two of the principal owners of Italian insurer Fondiaria-SAI, have refused to agree to conditions necessary to waive a mandatory bid on minorities in a planned merger with rival Unipol, threatening to scupper the deal,…
Generali on negative watch after CEO change
Ratings agency Standard and Poor's has placed Italy's Generali on negative watch following the removal of Giovanni Perissinotto and his replacement with Zurich head of general insurance Mario Greco.
Generali's Perissinotto ousted as CEO
Giovanni Perissinotto has been removed as chief executive of Italy-based insurer Assicurazioni Generali.
Future of Generali chief in doubt over Eurozone woes
Generali chief executive Giovanni Perissinotto may be the latest casualty of the Eurozone turmoil, according a report by Reuters.
Generali records 6.1% GWP growth
Italy-based insurer Generali's gross written premiums grew 6.1% to €19.8bn in the first quarter, with business outside Italy accounting for 75.2% of the total.
Top 10 news stories
The top 10 most popular articles published on insuranceinsight.com over the past seven days.
Generali UK launches policy administration system
Assicurazioni Generali's UK branch has gone live with a new non-life policy administration system from Agencyport Software.
Generali board confirms Galateri as chairman
The board of Assicurazioni Generali confirmed Gabriele Galateri di Genola as chairman at its shareholders meeting on Saturday.
Mediobanca execs resign from Generali board
Two board members of Italian insurer Assicurazioni Generali have resigned from their posts, ahead of a new law which limits cross-board membership of rival financial services institutions.
Q&A: Frank Weinreich, Liberty Syndicates
Frank Weinreich, regional manager for reinsurance for Central and Eastern Europe at Liberty Syndicates, pictured, spoke to Stephanie Denton with a reinsurance point of view on trends in CEE, claims levels and the future of brokers in the region.
Insurance Insight – top 10 stories
The 10 most read stories from www.insuranceinsight.eu over the past seven days.
Fitch says insurer solvency rebound does not make them safer
Rating agency Fitch has claimed that a rebound in the solvency ratios of European insurers reflects the recovery in sovereign bond markets, rather than any underlying improvement to insurers' balance sheets.
Generali profit hit by €1,017m one-off impairments
Generali posted reduced profits for the full year 2011 due to impairments from Greek write-downs and its Telco investment to the tune of €1,017m.
Generali sells 69.1% of Israeli Migdal for €835m
The Generali Group has agreed to sell its entire 69.1% holding in Migdal Insurance and Financial Holdings to Shlomo Eliahu, founder and controlling shareholder of the Israeli financial Group Eliahu.
Generali reports 5.5% fall in premiums
Italy-based insurer Generali reported a 5.5% reduction in premiums for the full year 2011, despite the solid performance of the non-life segment.
Lancashire reveals $35m exposure to Costa Concordia
Lancashire Holdings has revealed, based on an industry loss of $850m, its exposure to the January Costa Concordia cruise ship loss is estimated to be approximately $35m net of reinsurance and reinstatement premiums.
Moody’s takes action against insurance groups exposed to Italy and Spain
Moody's has taken action on several European insurance groups and related entities to reflect the increased financial risks stemming from their operating and investment exposure to weakened European sovereigns and banks, and the ratings agency's…
News analysis: Management buyouts on the rise as teams tire of waiting
Following MBOs at Europ Assistance and A&A Group, could 2012 see a rise in such deals?
Thirty insurers linked to Costa Concordia disaster
More than 30 insurers are likely to carry the cost of stricken Costa Concordia cruise ship.