Latest Generali Life Assurance (Thailand) Plc. Headlines

All the headlines from our Generali Life Assurance (Thailand) Plc. Topic Page, ordered by recency.

Generali Completes Acquisition of Portugal Insurer Seguradoras Unidas from Apollo

Jan 8 2020 // Generali finalized the acquisition in Portugal of the insurer Seguradoras Unidas and the health services company AdvanceCare from Apollo Global Management Inc. for €600 million (US$670.1 million)Generali paid €510...

Generali’s Talks to Buy MetLife’s Europe Assets Stall over Price Differences: Sources

Dec 3 2019 // Italian insurer Assicurazioni Generali has held talks with U.S. rival MetLife Inc to buy the bulk of its European assets but discussions have stalled due to differences over price, four sources told Reuters.Generali, which...

Generali Prepares to Make Formal Bid for MetLife’s European Assets: Sources

Nov 25 2019 // Assicurazioni Generali SpA is preparing to make a formal bid for the European assets of MetLife Inc. following months of talks, people with knowledge of the matter said.The Italian insurer has been finishing due diligence...

Generali Launches Art Insurance Unit, Aiming to Be ‘Partner for Life’ for Collectors

Nov 14 2019 // Italian insurer Generali launched a new business Tuesday to cover art works, engaging as a poster boy the contemporary artist Maurizio Cattelan, whose gold-covered statue valued at 2.4 million euros ($2.6 million) was...

Are Employees Pushing Insurers to Shun Coal in Climate Change Movement?

Nov 7 2019 // Seventeen insurers have restricted insurance services to coal projects in the past two years.A dozen insurers have adopted policies to stop all direct insurance coverage to new coal projects – among them are Allianz,...

Generali’s Results Prove It Has Right Strategy, Says Chairman

Oct 16 2019 // The good results Generali has racked up are proof that the insurer is well run and has the backing of shareholders, the group’s chairman Gabriele Galateri di Genola said on Tuesday.Generali became a target of...

Mediobanca Pressed to Grow via M&A and Rely Less on Its Prized Asset, Generali

Oct 11 2019 // Mediobanca’s third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning of the Italian merchant bank’s strategy.The 84-year-old...

Holocaust Survivors Want Congress to Let Them Sue Insurers Over Nazi-Era Losses

Oct 10 2019 // When David Schaecter was a child in Slovakia in the 1930s, he counted more than 100 people in his extended family. By the end of World War II, he alone survived. The rest had been killed in Nazi concentration camps or by...

Major Generali Shareholder, Mediobanca, Pushed to Alter Strategy for Insurer

Oct 10 2019 // Eyewear tycoon Leonardo Del Vecchio on Wednesday urged Mediobanca to build up its investment banking business in a challenge to venerable merchant bank’s strategy, nearly a month after he snapped up a 7% stake that...

Generali Weighs at Least $3.3B in Mid-Sized Insurance, Asset Management M&A

Oct 3 2019 // Assicurazioni Generali SpA, Italy’s biggest insurer, may invest at least 3 billion euros ($3.3 billion) to grow through mid-size acquisitions in insurance and asset management, according to Chief Executive Officer...

Allianz Emerges as Frontrunner to Invest in Bancassurance Unit of Spanish Lender BBVA

Oct 1 2019 // German insurer Allianz has emerged as the frontrunner to invest in the bancassurance business of Spanish lender BBVA, two sources close to the deal told Reuters, after Italian rival Generali pulled out of the race.The deal...

Generali Launches U.S. Specialty Insurance Division, Focusing on Warranty Services

Sep 20 2019 // Generali US Branch, the U.S. arm of Generali Group, announced the launch of its Specialty Insurance Division, which will focus on providing warranty services and solutions.The Specialty Insurance Division will provide both...

Generali’s Net Profit Rises 34.6% in First Half

Aug 1 2019 // Italy’s top insurer, Generali , reported first-half operating profit above market estimates on Thursday, helped by growth across its business segments, and confirmed all of its three-year targets announced in...

Update: Italy’s Generali Calls on China to Further Open Financial Services Sector

Jul 10 2019 // Two of Italy’s largest financial institutions, insurer Assicurazioni Generali and state fund CDP on Wednesday urged China to do more to open up its financial services industry to Italian firms and other foreign...

Generali Is Front-Runner to Buy Portugal Insurer Tranquilidade: Sources

Jul 1 2019 // Assicurazioni Generali SpA has emerged as the front-runner to acquire Apollo Global Management’s Tranquilidade, the second-largest non-life insurer in Portugal, people familiar with the matter said.The Italian...

Generali to Sell Life Run-Off Portfolio of UK Branch to Reinsurance Group of America

May 24 2019 // Generali has signed an agreement to sell the life run-off portfolio of its UK Branch to a subsidiary of Reinsurance Group of America Inc., the St. Louis, Mo.-based life and health reinsurance company.The run-off portfolio,...

Generali in Early Negotiations to Buy MetLife’s Central European Assets: Sources

May 22 2019 // Assicurazioni Generali SpA is in early talks to buy the Central European assets of MetLife Inc. as the Italian insurer seeks to expand through acquisitions in high-growth markets, according to people with knowledge of the...

Generali’s Net Profit Rises 28% in First Quarter, Boosted by Asset Sales

May 16 2019 // Generali, Italy’s biggest insurer, reported a larger-than-expected 28 percent rise in first-quarter net profit helped by asset sales, though capital ratios fell due to regulatory changes.Generali’s solvency...

Update: Generali Eyes Acquisitions of Small and Medium-Sized European Insurers

May 7 2019 // Italy’s biggest insurer Generali is looking at small and medium-sized insurance companies in Europe to strengthen its presence in the region, it said on Tuesday.Generali said in November it had up to 4 billion euros...

Generali Appoints Zuanella from RSA as Group Chief Digital Officer

Apr 10 2019 // Generali has appointed Steven Zuanella as group chief digital officer. He has responsibility for driving digital transformation, data analytics initiatives and innovation across the group.He reports to Frédéric de...