Generali
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.
Migdal sale provides liquidity boost for Generali
Generali has completed the sale of its 69.1% share in Migdal Insurance and Financial Holdings to Eliahu Insurance Company for €705m.
European insurers still not transparent on exec pay and tax havens, claims report
Analysis of 31 European banks and insurance companies in four areas of corporate social responsibility has found that nearly 50 points separate the best and worst scores.
Generali rejigs business structure
Italian insurer Generali has overhauled its business structure in a bid to ensure the group is managed "in a more integrated way".
Direct Line Group: Divestment dilemma
The Royal Bank of Scotland may have formally announced plans for an initial public offering of Direct Line Group, but it still faces final decisions on the divestment of its insurance arm.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
The impact of European downgrades
This year has seen an increasing number of downgrades by ratings agencies for European insurers. Anne-Louise Fogtmann investigates how seriously these are taken and their impact on insurers.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days
Generali seeks improvements with management reshuffle
Italian insurer Generali has reorganised the management structure for its Country Italy and Corporate businesses in an effort to improve growth and profitability.
Generali reaches new agreement to sell Israeli Migdal
The Generali Group has reached a new agreement to sell its entire 69.13% stake in Israeli firm Migdal Insurance and Financial Holdings to Eliahu Insurance Company.
Indian medical costs predicted to rise 15% per annum
Future Generali India Insurance has predicted medical costs will rise by 15% annually.
Indian commercial rates expected to rise 15% following nat cats
Indian businesses are likely to see premiums rise by 15% as insurers include flood risk in policies having suffered large losses after recent natural catastrophes, it has been reported.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Investors more cautious of insurers owing to European concerns
Investors continued to have a more negative view of the global insurance sector relative to ratings in the second quarter of 2012, according to Moody's.
Allianz, Generali and Munich Re dominate as European travel insurance market prospers
European markets for travel insurance and assistance continue to flourish with Allianz, Generali and Munich Re heading the market.
Generali sees profits boost from premiums outside Italy
Generali Group has posted net profits up 4.5% to €842m (2011 H1: €806m) for the first half of 2012, with the operating result stable at €2.34bn despite significant catastrophe events.
Russia and Romania travel insurance markets thrive in economic crisis
Travel insurance in Russia, Romania and Turkey boomed between 2008 and 2012, despite the Eurozone crisis, while the UK and Ireland saw foreign travel decline, new research has revealed.
Groupama to sell Polish arm to Generali JV
Groupama has agreed to sell its Polish operation Proama to Generali PPF Holding, a joint venture between Italy-based Generali and central European investment group PPF.
Fitch affirms Generali's 'A-' IFS rating
Fitch has affirmed Assicurazioni Generali SpA's insurer financial strength rating at 'A-' and long-term issuer default rating at 'BBB+' on account of its solid operating performance. The outlook for both ratings is negative.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Perissinotto resigns from Generali board
Giovanni Perissinotto has formally resigned from the Assicurazioni Generali board of directors, having agreed to terminate all corporate ties with the Generali group.