Generali
Aviva, Allianz and Axa named as global systemically important insurers
The Financial Stability Board has published the list of global systemically important insurers with views to developing a policy framework to address the risks these firms they are thought to present.
S&P downgrades Italian insurer Generali
European insurer Generali has been downgraded from A to A- by Standard and Poor's.
Generali downgraded to A- by S&P due to Italian exposure
Generali has had its rating downgraded from A to A-.
Generali takes control of Germany’s second-largest insurer
The Generali Group has struck a deal to purchase a minority stake in Generali Deutschland, taking it beyond a 95% holding and triggering a full buy out.
Octo Telematics moves frontline operation from Rome to London
Italy-based telematics systems provider Octo Telematics has relocated its frontline operation from Rome to London in a bid to take advantage of opportunities in the burgeoning UK telematics market and to build stronger ties with both the insurance and…
Octo eyes up UK telematics opportunities
Telematics systems provider Octo Telematics has relocated its frontline operation from Italy to London in a bid to take advantage of opportunities in the burgeoning UK telematics market and to build stronger ties with both the insurance and manufacturing…
Generali agrees to sell US life business to Scor
Italian insurer Generali has continued its policy of disposing of non-core assets with the sale of its US life reinsurance business to French reinsurer Scor.
Generali secures €2bn revolving credit facility
Italian insurer Generali has signed deal for up to €2bn in revolving credit facilities, in a bid to improve its “flexibility to manage future liquidity needs in a volatile environment”.
Generali Q1 profit jumps 6.3%
Italy’s Generali reported an increase in first-quarter profit of 6.3%, boosted by higher earnings from its non-life insurance business.
Generali opens Global Corporate and Commercial unit
Operations have begun at Generali’s Global Corporate & Commercial business unit, a platform established to integrate insurance services for medium and large multinationals.
Generali unveils Moto GP sponsorship deal
Italian insurer Generali, has become an official sponsor of the Moto GP series, the international motorcycle racing championship.
Generali takes full control of GPH
Generali Group has completed the purchase from PPF Group of the first tranche of shares in its Central and Eastern Europe joint venture Generali PPF Holding.
Future Group to sell GI stake
Future Group today entered into a non-binding agreement to merge L&T General Insurance with Future Generali India Insurance, according to reports in the local media.
Moody's confirms Generali debt ratings following planned restructure
Moody's has confirmed the 'Baa2' senior debt rating,'Baa3' subordinated debt rating and 'Ba1' preferred stock debt ratings of Assicurazioni Generali SpA, following its planned Italian organisation.
Appeal court affirms Hillsborough secondary victim claim ruling
The Court of Appeal has revisited a 1992 Hillsborough ruling concerning secondary victims of psychiatric injury and re-affirmed that existing limitations should be applied unless Parliament intervenes, in a move that spells good news for insurers.
Generali Vienna's CEO to head Central and Eastern Europe
Generali has appointed Luciano Cirinà as new chief executive officer of GPH, its holding company for Central and Eastern Europe, following the buyout of its joint venture partner.
Generali posts 10.5% rise in operating profit
Generali posted a 10.5% increase in group wide operating profit to €4.22bn in 2012.
Generali presents new travel insurance app
Genertel, the italian online unit of Generali Group, and mobile operator TIM Italia, have presented a new app at the Mobile World Congress, Telecompaper reported.
Six balloon crash victims from HK had policy exclusions
Six of the nine people from Hong Kong who died in the tragic hot air balloon accident in Egypt had exclusions for hot air balloon travel in their policies.
Generali bolstered by P&C growth in Germany and CEE countires
Generali has reported an increase in premiums to € 70bn (+3.2%) with a 3.3% growth in property & casualty to €22.8bn.
Zurich and Generali linked with Spain's "bad bank"
Italy’s Generali and Switzerland’s Zurich will invest in a Spanish bank set up by the government to manage toxic property assets, according to Reuters.
Europe’s hidden gems
Insurers branching out in Asia and other far reaches seem to be grabbing the headlines of late but as Francesca Nyman explains, there are still plenty of opportunities for insurers closer to home.
Standard and Poor's commends Generali management strategy
Standard & Poor's has affirmed the 'A' long-term counterparty credit and insurer financial strength ratings of Italy-based Assicurazioni Generali and its "core" subsidiaries'.
Top five European stories
The top five European stories from www.insuranceinsight.com over the past seven days.