Generali
Appeal court affirms Hillsborough secondary victim claim ruling
The Court of Appeal has revisited a 1992 Hillsborough ruling concerning secondary victims of psychiatric injury and re-affirmed that existing limitations should be applied unless Parliament intervenes, in a move that spells good news for insurers.
Generali Vienna's CEO to head Central and Eastern Europe
Generali has appointed Luciano Cirinà as new chief executive officer of GPH, its holding company for Central and Eastern Europe, following the buyout of its joint venture partner.
Generali posts 10.5% rise in operating profit
Generali posted a 10.5% increase in group wide operating profit to €4.22bn in 2012.
Generali presents new travel insurance app
Genertel, the italian online unit of Generali Group, and mobile operator TIM Italia, have presented a new app at the Mobile World Congress, Telecompaper reported.
Six balloon crash victims from HK had policy exclusions
Six of the nine people from Hong Kong who died in the tragic hot air balloon accident in Egypt had exclusions for hot air balloon travel in their policies.
Generali bolstered by P&C growth in Germany and CEE countires
Generali has reported an increase in premiums to € 70bn (+3.2%) with a 3.3% growth in property & casualty to €22.8bn.
Zurich and Generali linked with Spain's "bad bank"
Italy’s Generali and Switzerland’s Zurich will invest in a Spanish bank set up by the government to manage toxic property assets, according to Reuters.
Europe’s hidden gems
Insurers branching out in Asia and other far reaches seem to be grabbing the headlines of late but as Francesca Nyman explains, there are still plenty of opportunities for insurers closer to home.
Standard and Poor's commends Generali management strategy
Standard & Poor's has affirmed the 'A' long-term counterparty credit and insurer financial strength ratings of Italy-based Assicurazioni Generali and its "core" subsidiaries'.
Top five European stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Generali chief eyes €600m cost savings by 2015
Generali chief executive Mario Greco unveiled a programme of changes today aimed at reducing costs and increasing cash flow at the Italian insurer.
Generali secures full control of CEE joint venture
Generali will take full control of eastern European insurer Generali PPF Holding after buying out joint venture partner PPF Group, the firm said today.
Aviva France names Schimel as new CEO
Former Axa boss Philippe Maso y Guell Rivet has been replaced at the helm of Aviva France by Nicolas Schimel, chief executive of Aviva subsidiary Union Financière de France (UFF).
Generali launches growth plan for Italy with only three brands
Generali has revealed its plans for growth in Italy, which include over €300m of investments in just three brands: Generali, Alleanza and Genertel.
Generali successfully closes subordinated bond for €1.25bn
Generali has closed a subordinated bond issue targeting institutional investors for a total of €1.25bn.
Market Moves: Liberty makes three additions
Liberty was the most active recruiter this week, with Liberty International Underwriters appointing two senior underwriters to its aviation team and Liberty Syndicates adding a class underwriter to its war and terrorism unit.
Top five Asian news stories
The top five Asian news stories from wwww.insuranceinsight.com over the past seven days.
Top five European stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Unipol to sell Generali stake by end of 2012
Italian insurer Unipol will sell its stake in rival Generali by the end of 2012, chief executive Carlo Cimbri told analysts on a conference call last week.
Generali names investor relations lead
Italian insurer Assicurazioni Generali has recruited Deutsche Bank's European insurance equity research head, Spencer Horgan.
Generali offloads assets to raise cash for emerging markets
Generali is to sell non-strategic assets next year in a bid to generate cash to invest in emerging markets in Asia, Eastern Europe and Latin America.
Generali to sell assets to grow insurance business
Italian insurer Generali is to sell non-strategic assets next year to generate cash to invest in emerging markets.
Generali profit up 37.3% for first nine months despite cat losses
Italian insurer Generali posted 37.3% growth in net profit to €1,133m in the first nine months of 2012, driven by progress in production and strong growth in the life operating result.
Jumping into the multi-national risk pool
Multinational pooling of group risk products seems to have so many benefits it's a 'no-brainer' but, as Edmund Tirbutt reports, the European market is holding back and wondering whether it's too good to be true.