Trieste – Generali announced that the meeting of the Board of Directors for the approval of the report of the Interim Financial Information as of 31 March 2018 has been brought forward to 3 May 2018, with subsequent publication on 4 May 2018. The corporate calendar for the business year ending 31 December 2018 is presented below.
Trieste – Generali has entered into an agreement to sell the Non-Life run-off portfolio of its UK branch, consisting of approximately €300 million of liabilities, to Compre Group, one of the leading discontinued business specialists in the insurance industry. Luigi Lubelli, Group Chief Financial Officer said: “This transaction, which attracted a high level of interest from the market, is another step forward in our efforts to optimize the Group’s capital allocation. It al
Trieste – Generali has entered into a share purchase agreement with Life Company Consolidation Group (LCCG) to sell its entire shareholding in Generali PanEurope. Generali PanEurope has operated in Ireland since 1999 and offers financial solutions across Europe to high net worth and affluent individuals for investment and savings, as well as to companies that wish to provide life and protection benefits for their employees. The transaction is part of the Group strategy to optimize its geo
Financial figures as at 9M17
New business margin