Latest Generali Life Assurance (Thailand) Plc. Headlines

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Generali Names Galateri as Interim CEO After Greco Departs for Zurich Insurance

Feb 9 2016 // Assicurazioni Generali SpA appointed its Chairman Gabriele Galateri, as acting chief executive officer after CEO Mario Greco decided to quit Italy’s biggest insurer to become the head of Zurich Insurance Group AG.The...

Generali Shares Drop on Greco’s Decision to Join Zurich as CEO

Jan 27 2016 // Assicurazioni Generali SpA dropped to the lowest since July 2013 after Chief Executive Officer Mario Greco said he was leaving the Italian insurer to head Zurich Insurance Group AG.Generali, which has yet to announce a...

Zurich Names Generali’s Greco as CEO, with Task of Driving Turnaround

Jan 26 2016 // Zurich Insurance Group AG hired Assicurazioni Generali SpA’s Mario Greco as chief executive officer, giving him the task of turning around the company, after losses in its general insurance business forced the Swiss...

Generali Investors Rattled About Report that Zurich Intends to Poach CEO Greco

Jan 12 2016 // Uncertainty over whether Mario Greco will stay on as chief executive of Generali rattled investors in Italy’s top insurer on Monday after a Swiss newspaper reported rival Zurich Insurance was set to poach...

Zurich Insurance to Appoint Generali’s Greco as CEO: Swiss Newspaper

Jan 11 2016 // Zurich Insurance Group AG will appoint Mario Greco, the head of its Italian rival Assicurazioni Generali SpA, as chief executive officer, Swiss newspaper SonntagsZeitung reported, without saying how it got the...

Generali Q3 Profit Falls 18% on Decline in Life Insurance Business

Nov 5 2015 // Assicurazioni Generali SpA, Italy’s biggest insurer, said third-quarter profit fell 18 percent after operating income declined at its life-insurance business.Net income dropped to 420 million euros [$458.6 million]...

1st Generali Global Graduate Program Launches with 20 Young Participants

Sep 23 2015 // International profile, excellent resume and broad-ranging skills are the qualities of the 20 young adults chosen by Generali for the first “Generali Global Graduate Program,” an international program aimed at...

Generali Appoints Hodges as Head of IT Systems

Sep 4 2015 // Bruce M. Hodges will join the Generali Group as group head of Information Systems, effective October 1, 2015, the Trieste, Italy-based company announced.Hodges will be responsible for Generali’s global IT systems and...

Generali Hires Ex-Morgan Stanley Credit-Trading Head Khazen

Sep 3 2015 // Assicurazioni Generali SpA hired Anna Khazen as head of investments for its asset-management unit.Khazen will cover all asset classes in her new role, said a company official, who asked not to be identified citing company...

Generali Signs Global Deal to Target High-Growth Markets via Smartphones

Aug 27 2015 // The Generali Group has signed a global deal with Obi Worldphones™, aiming to target, via smartphones, 20 high-growth markets with a prospective customer base of more than 10 million people.“This breakthrough deal...

Generali 2nd Quarter Profit Rises 51% on Life Business

Jul 30 2015 // Assicurazioni Generali SpA said second-quarter profit rose 51 percent, beating analysts’ estimates, after earnings from life insurance surged. The shares climbed in Milan.Net income at Italy’s biggest insurer...

Generali Acquires MyDrive Solutions, a UK Data Analysis Firm

Jul 24 2015 // Trieste-based Generali Group announced that it has acquired MyDrive Solutions, a UK company that uses data analytics tools to profile driving behavior.MyDrive Solutions, which was founded in 2010, specializes in...

Generali Reorganizes German Business to Enhance Competitive Position

May 26 2015 // Generali is reorganizing its German market business with an aim to enhance the competitive position of the group by the end of 2018. The company is instituting simpler and business-focused governance, a stronger focus on...

Update: Generali Q1 Operating Profit Rises 6% to $1.5B on Investment Income

May 14 2015 // Assicurazioni Generali SpA, Italy’s biggest insurer, reported the highest quarterly operating profit in seven years, spurred by a surge in investment income.Profit in the three months to March climbed 6 percent to...

Generali Strengthens International Management Team in Asia, LatAm, Europe

Apr 2 2015 // Generali has strengthened its international management team with two new managers joining the group to lead Asia and the Americas and a new appointment in Europe, effective April 1.Jack Howell is the new Asia regional...

Generali Q4 Profit Drops 75% on Higher Impairments

Mar 12 2015 // Assicurazioni Generali SpA, Italy’s biggest insurer, said fourth-quarter profit slid 75 percent after impairments of its Russian stake and related to the sale of BSI. The insurer increased its dividend by 33...

Generali Meets Targets Ahead of Schedule, Sheds Global Non-Core Assets

Nov 19 2014 // Assicurazioni Generali SpA said it has reached most of its targets ahead of schedule after shedding non-core assets around the world and will present a new strategy in May.“The next plan will be quite different...

Generali Third-Quarter Net Unchanged, Plans Higher Dividend

Nov 6 2014 // Assicurazioni Generali SpA, Italy’s biggest insurer, said third-quarter profit remained little changed as higher operating income from its life segment and property and casualty operations was offset by taxes.Net...

Generali Expects to Reach Targets Earlier as Operating Net Rises

Jul 31 2014 // Assicurazioni Generali SpA expects to reach 2015 targets ahead of schedule and improve its dividend policy, as first-half operating profit of Italy’s biggest insurer rose to the highest in 10 years.“Our results...

Generali to Sell BSI Unit to BTG Pactual for $1.7 Billion

Jul 14 2014 // Assicurazioni Generali SpA agreed to sell its Swiss private-banking unit BSI Group to Grupo BTG Pactual for CHF1.5 billion ($1.7 billion) as Italy’s biggest insurer seeks to boost capital.Generali will receive CHF1.2...