Generali completes sale of Ireland-based Generali PanEurope

19 June 2018 - 18:11

Trieste – Assicurazioni Generali SpA announces that it has completed the sale of its entire shareholding in the Ireland-based Generali PanEurope to Life Company Consolidation Group (LCCG).

The terms of the transaction are in line with the announcement of the sale by Assicurazioni Generali published on December 18, 2017.

The Generali Group will remain active in Ireland through its Global Business Lines, and the former Generali PanEurope dac will continue to act as the Irish and PanEuropean partner of Generali for the corporate employee benefit business to serve existing and future clients.

Generali Group

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Generali is one of the largest integrated insurance and asset management groups worldwide. Established in 1831, it is present in over 50 countries in the world, with a total premium income of € 95.2 billion and € 863 billion AUM in 2024. With around 87,000 employees serving 71 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.

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