Milan – The Board of Directors of Assicurazioni Generali, at a meeting today chaired by Andrea Sironi, resolved to establish the Board Committees and appointed their members: Risk & Control Committee: chair Luisa Torchia; members: Umberto Malesci, Clemente Rebecchini; Remuneration Committee: chair Diva Moriani; members: Alessia Falsarone, Clara Furse, Lorenzo Pellicioli; Appointments and Corporate Governance Committee: chair Andrea Sironi; members: Clara Furse, Diva Moriani, Luisa
Milan – Moody’s announced that it has upgraded Generali’s Insurer Financial Strength (IFS) rating to A3 from Baa1. At the same time Moody's upgraded Generali’s debt ratings by one notch: senior unsecured debt to Baa1 from Baa2; senior subordinated debt to Baa2(hyb)/Baa2 from Baa3(hyb)/Baa3; junior subordinated debt to Baa3(hyb) from Ba1(hyb), preferred stock to Baa3(hyb) from Ba1(hyb). The outlook remains stable. Moody’s said that the upgrade reflects the Gro
Milan - Generali completed the acquisition from Future Enterprises Limited of 25% of the shares of Future Generali India Insurance (FGII) and will now hold a stake of around 74% in FGII. Generali received the approval from the relevant regulatory and competition authorities. The deal is fully in line with the ‘Lifetime Partner 24: Driving Growth’ strategy, strengthening Generali’s position in fast-growing markets and confirms the Group’s commitment to deliver profitable
For the transmission and storage of regulated information, Assicurazioni Generali S.p.A. uses the eMarket SDIR transmission system and – respectively – the eMarket STORAGE storage system, available at www.emarketstorage.com and managed by Spafid Connect S.p.A., located in Foro Buonaparte 10, Milan, Italy.