Company: Generali Page 1 / 2
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- December 5 2024
Generali to exit Philippines life insurance business
Insular Life Assurance Company will buy the Italian carrier's unit, with completion expected by H1 2025.
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- November 25 2024
Central Bank of India gets RBI nod to enter insurance business through JVs with Generali
The approval is subject to continuous compliance with conditions stipulated by the Researve Bank of India and approval of the Insurance Regulatory and Development Authority of India.
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- November 19 2024
Generali GC&C hires Nicholas Selff from Chubb as head of underwriting for Asia
Selff, who has relocated to Hong Kong, started with the insurer's leadership team on November 18.
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- October 23 2024
Generali expands underwriting restrictions to midstream, downstream oil and gas transition laggards
The restrictions, a first in the industry, will affect new liquefied natural gas (LNG) terminals, oil and gas pipelines and oil and gas-fired power plants and investments in new financial instruments issued by companies.
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- October 16 2024
Central Bank of India’s acquisition of stake in Generali JVs gets antitrust approval
The Competition Commission of India has cleared the state-owned lender's acquisition of 24.91% equity stake in Future Generali India and a 25.18% equity stake in Future Generali India Life.
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- September 26 2024
Generali GC&C bolsters Asia leadership with AIG and Lloyd’s hires
The insurer as appointed Winnie Chu from AIG as head of financial lines underwriting and Joshua Lynch from Lloyd's as head of business development.
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- May 23 2024
Generali Hong Kong launches fine art insurance for private collectors
The insurer's art insurance solutions division, ARTE Generali, plans to extend the offering in Hong Kong to corporate collections, museums and exhibitions later this year.
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- April 19 2024
Generali streamlines insurance division in group restructure
The insurer will separate insurance and asset management businesses from June 1 and the insurance division will be led by Giulio Terzariol with country and regional leaders, including Rob Leonardi-led Asia, reporting to him.
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- January 10 2024
Generali takes 100% ownership of China P&C JV
The global insurer has bought out the 51% stake owned by CNPC Capital in Generali China Insurance for US$108m through a public auction.
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- October 18 2023
Generali and UNDP partner to help bridge SME protection gap in Asia
A new framework will be hosted on an online platform offering advice on how businesses can protect their activity in the face of climate challenges.
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- September 22 2023
Generali GC&C makes two senior Asia appointments in Hong Kong
Matthew Day becomes Asia head of risk engineering & loss prevention while Danny La joins as Asia head of strategic initiatives & business transformation.
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- July 3 2023
Generali promotes Blake Sowerby to head of special projects, finance – international
Hong Kong-based Sowerby will lead finance projects across Asia, Central and Eastern Europe, Mediterranean and Latin America for the Italian insurer.
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- September 26 2022
Generali picks new Hong Kong CEO: sources
IAN understands the replacement for Davide Glavina, who left the company after a few months into the role, is awaiting regulatory approval.
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- September 20 2022
Generali China Insurance elevates Yan Jiu as chairman
The former vice-president and member of CPC committee for Bank of Kunlun will work with the property insurer's general manager Yuan Yinghui.
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- August 31 2022
Generali unveils Malaysia CEOs after JV deals complete
Fabrice Benard will head Axa Affin General Insurance while Rebecca Tan will lead the life JV.
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- August 30 2022
Generali consolidates Malaysian presence after Axa JV buyout
The group now owns 53% of Axa Affin GI and 100% of MPI Generali Insurans and plans to merge them.
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- July 21 2022
Generali Global Corporate & Commercial hires Swiss Re exec as Asia head of claims
Hong Kong-based Emma Ng will report to Axel Roesner, head of GC&C Asia.
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- July 19 2022
Foreign insurers in Malaysia need to reduce stakes to 70% by end of 2023: report
Insurers to also be given the option of contributing to a charitable fund.
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- June 27 2022
Former Swiss Re exec joins Generali Asia for commercial role
The exec has become Asia regional head of SME and commercial lines at Generali.
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- May 9 2022
Generali completes 25% purchase of Indian P&C JV
With this latest acquisition, Generali now holds a 74% stake in FGII.