Latest Generali Life Assurance (Thailand) Plc. Headlines

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

Italy’s Generali to Seek Acquisitions in Europe, Asia and U.S., Says CEO Donnet

Mar 15 2019 // Italy’s top insurer Generali said it was ready to look around for growth opportunities in Europe, Asia and the U.S. on Thursday and said it was well positioned to achieve the targets it set in November for the years...

Italy’s Generali Beats Targets, Reports 9.4% Rise in Net Profit for 2018

Mar 14 2019 // Italy’s top insurer Assicurazioni Generali raised its dividend for 2018 after beating its business plan targets and posting growth in net and operating profits.In a statement on Thursday, the company said it was also...

Allianz, Generali & Liberty Mutual Vying to Invest in BBVA Bancassurance Arm: Sources

Feb 28 2019 // European insurers Allianz and Generali are vying with U.S. rival Liberty Mutual to invest in the bancassurance business of Spanish lender BBVA, four sources familiar with the matter told Reuters.The sale, led by Bank of...

Generali Global Assistance Acquires Travel Insurance Agency Trip Mate from A.J. Gallagher

Feb 6 2019 // Generali Global Assistance said it has acquired Trip Mate from Arthur J. Gallagher. Details were not disclosed.Trip Mate is incorporated in Kansas and domiciled in the state of Missouri. It is licensed in all states. Its...

Generali Completes Sale of Belgium Unit to Bermuda Re/Insurance Group Athora

Jan 2 2019 // Assicurazioni Generali SpA announced the closing of the sale of its entire stake in Generali Belgium SA to Athora Holding Ltd. for approximately €540 million ($618.9 million).The deal was first announced on April 18,...

Generali Hikes Stake in Indian Insurance Joint Venture to 49% from 25.5%

Dec 31 2018 // Generali Group has finalized its agreement to increase its stake in its Indian insurance joint venture with Future Group to 49 percent from 25.5 percent.Through this transaction, Generali has committed up to approximately...

Generali Acquires Alternative Asset Management Firm CM Investment Solutions

Dec 5 2018 // Italian insurer Generali Group has acquired CM Investment Solutions Limited (CMISL), an alternative asset manager in London, from Bank of America Merrill Lynch.Details of the transaction were not disclosed. CMISL, which...

Generali Earmarks €4 Billion ($4.6 Billion) for Acquisitions, Growth

Nov 21 2018 // Generali has earmarked up to four billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia to fuel earnings.Italy’s top insurer — which...

Generali’s 9-Month Net Profit Rises 27% to $2 Billion

Nov 8 2018 // Italy’s top insurer Generali said on Thursday its net profit in the first nine months of the year rose 26.8 percent to beat expectations, lifted by stronger life premiums and disposals.Net profit reached 1.86 billion...

Generali Opens Representative Office in Moscow

Nov 1 2018 // Generali opened a representative office of Generali in Moscow on Oct. 31, 2018, which the company said is an important milestone in its expansion in the country.The office was opened by two Generali executives: Luciano...

Generali to Acquire Polish Asset Management Firm, Union Investment TFI

Oct 23 2018 // Generali has entered into an agreement with the German Group Union Asset Management Holding AG to acquire a 100 percent stake in the Polish asset management company Union Investment TFI S.A.Financial details of the...

Generali Launches Cyber Insurance Function and Cyber Security Subsidiary

Oct 9 2018 // Generali has launched a new Cyber Insurance function and the formation of a cyber security company.The Cyber Insurance function will combine a range of cyber insurance solutions with the support of a technology start-up,...

Generali Plans to Sell Wealth Management, Services Units for $476M

Jul 19 2018 // Assicurazioni Generali SpA agreed to sell wealth-management and service units in Ireland and Guernsey for 409 million euros ($476 million), pushing the Italian insurer above its target for international disposals.The...

Generali Agrees to Sell German Life Unit, Valued at $1.2B, to Viridium

Jul 5 2018 // Assicurazioni Generali SpA agreed to sell almost 90 percent of its German Generali Leben unit to a company owned by Cinven Ltd. and Hannover Re in a deal that values the business at about 1 billion euros ($1.2 billion.)The...

Generali Likely to Start Exclusive Talks to Sell German Life Book to Viridium: Source

Jun 28 2018 // Italy’s Generali is expected to start exclusive talks shortly over the potential sale of its 40 billion euro ($48 billion) German life insurance portfolio to private equity-backed Viridium, a person close to the...

Generali Expands Stake in India’s Future Group to 49%

Jun 26 2018 // Generali Group announced it has signed an agreement with Future Group to increase its stake in its insurance ventures in India to 49 percent from 25.5 percent.Generali’s presence in India is currently in the form of...

Generali to Sell Belgian Operations to Athora Holding for $668.3M in Cash

Apr 19 2018 // Italy’s Generali has agreed to sell its Belgian operations to Athora Holding Ltd. for approximately €540 million ($668.3 million) in cash.The transaction is expected to close in the second half of 2018, subject to...

Generali Completes Sale of Panama & Colombia Operations to ASSA & Talanx

Apr 16 2018 // Assicurazioni Generali SpA announced the closing of the sale of its operations in Panama and Colombia. These two transactions, which were originally announced during the second half of 2017, are part of the group’s...

Study Links Severe Winter Weather in Northeastern U.S. to Arctic Temps

Mar 15 2018 // The frequency of extreme winter weather in the U.S. is sensitive to Arctic temperatures, and that’s something those paying weather-related losses may want to take note of.After all, you can’t spell polar vortex...

Generali Evaluates Offers for Its $49B German Life Insurance Portfolio: Sources

Mar 2 2018 // Athene Holding Ltd. and Viridium Group GmbH submitted binding bids for Assicurazioni Generali SpA’s 40 billion-euro ($49 billion) German life insurance portfolio, according to people with knowledge of the...