Moody’s affirms Generali rating
Moody's Investors Service has announced that it had affirmed the Aa3 insurance financial strength rating and A1/A2/A3 debt ratings of Assicurazioni Generali. The rating actions follow Generali's announcement that it intended to acquire Toro Assicurazioni for a total consideration of €3.9bn, along with a suspension of the previously-announced €1.8bn equity buy-back and a further repayment of €700m of outstanding senior debt.
On 26 June 2006, Generali announced its intentions of pursuing an all-cash acquisition of Toro, the fifth largest P&C insurer in Italy. With this acquisition, Generali would not only improve its
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Personal
Aviva’s commercial book continues to shrink
Despite overall UK and Ireland premiums increasing 28% in the first nine months of 2026, Aviva’s commercial gross written premium book is 5% down compared with a year ago.
Avengers Assemble: Is AI killing off the fraud database?
Editor’s View: As artificial intelligence gives major insurers a new superpower – the ability to spot rogue claimants across their own books – Emma Ann Hughes asks whether that could leave smaller providers more vulnerable to fraud.
Q&A: Dan Fiehn, Markerstudy
Markerstudy chief technology officer Dan Fiehn explains how artificial intelligence-assisted code analysis has helped the insurer identify modernisation priorities and unlock value from legacy tech.
Throwback Thursday: Shock Axa merger
Insurance Post’s Throwback Thursday steps back in time to November 1996 to remind you what was going on this week in insurance history when Axa merged with a rival to become the world’s second largest insurer.
Which? asks if the FCA will finally deliver insurance reform
Rocio Concha, director of policy and advocacy, and chief economist at Which?, argues the regulator must move beyond dialogue and deliver urgent reform of the home and travel insurance industry.
Ombudsman backs consumers in over half of home insurance claims
Home insurers are facing fresh scrutiny after Which? research found the Financial Ombudsman Service ruled in favour of consumers over home insurers in more than half of complaints.
Is Admiral back on the acquisition trail with Policy Expert?
After completing the £80m acquisition of Flock earlier in the year, Scott McGee ponders what could come next for the Welsh insurer, with sources suggesting Policy Expert could be in its sights.
Co-op Southern merger widens insurance footprint
Co-op Insurance is set to expand its reach to a further 330,000 members, following the Co-operative Group’s acquisition of Southern Co-op.