Tag: Generali

  • Generali reports “extremely solid” capital position

    Generali reports “extremely solid” capital position

    “In the months to come, we will continue to be fully committed to the execution of our three-year plan as we reinforce our group’s leadership as a global insurer and asset manager.” Generali’s gross written premium rose 2.4% to €41,880 million (about $42,696 million) thanks to property-casualty segment growth. Life net inflows decreased 7.9% to […]

  • Major activist shareholder stepping down from Generali board

    Major activist shareholder stepping down from Generali board

    At the AGM, 10 members of the new Generali board were selected from the majority list, while Caltagirone, Marina Brogi, and Flavio Cattaneo emerged from the first minority list. On May 12, when the board committees were set up, the trio renounced being part of any existing committee. Instead, Caltagirone’s camp requested the establishment of […]

  • Exiting chair explains what Generali “certainly doesn’t deserve”

    Exiting chair explains what Generali "certainly doesn't deserve"

    Gabriele Galateri di Genola, who has been chair of Italian insurance giant Generali for 11 years, has pulled out his name from consideration for the company’s board renewal taking place on April 29. In a statement, the insurer confirmed: “The board has conveyed its appreciation for his decision which reflects the intention of the board […]

  • Generali investor set to offload stake

    Generali investor set to offload stake

    2021 has already been a busy year for the Italian insurance giant Generali which has unveiled its new organizational structure and has seen its leadership come under scrutiny in recent months. Reuters has revealed that the Italian publisher Gruppo De Agostini has started the process to sell its 1.44% stake in Generali. However, the publisher […]