Generali Appoints Seasoned Leader to Head India P&C Business

Hong Kong, 27 March 2026 – Assicurazioni Generali S.p.A. (Generali) today announced the appointment of Krishnamoorthy Rao as Managing Director and Chief Executive Officer of its Property & Casualty (P&C) business in India, effective 1 April 2026.^*

Krishnamoorthy Rao brings over 35 years of experience in insurance and risk management, including his tenure as Managing Director and Chief Executive Officer of Future Generali India Insurance from 2009 to 2018, where he built a strong multi-channel distribution network focused on profitable growth in retail and corporate segments. Most recently, he served as CEO of Generali’s former Malaysian JV, MPI Generali, from 2018 to 2022, driving significant growth while improving profitability.

Rob Leonardi, Regional Officer Asia at Generali, said: "KM Rao's return to India marks a strategic milestone for Generali in Asia. With his proven leadership, we will accelerate innovation and growth to shape the future of P&C insurance in this vital market and at a pivotal time for our business."

Krishnamoorthy Rao, Managing Director and Chief Executive Officer, Generali Central Insurance, said: "I am honoured to lead Generali's India P&C business into a new era of excellence. By harnessing India's immense potential, we will pioneer innovative solutions and sustainable growth as we continue to serve as the Lifetime Partner of our customers."

A Fellow of the Insurance Institute of India with a B. Tech in Production Engineering from the University of Calicut, Krishnamoorthy began his career as a scientist at the Indian Space Research Organisation before advancing through key roles in underwriting, risk management, and leadership at firms like Bajaj Allianz and Tata AIG Risk Management Services.

^* The appointment is subject to the relevant regulatory approvals