MILAN Nov 9 Italy's No. 1 insurer Assicurazioni
Generali said its Solvency I ratio has reached 145
percent at the end of October after the sale of its controlling
stake in Israeli unit Migdal, the insurer's Chief Financial
Officer said on Friday.
Generali, which had a solvency ratio of 140 percent at the
end of September, sold the stake in Migdal to Eliahu
Insurance Company for 705 million euros ($897.25 million).
CFO Alberto Minali also said he saw net life premiums at 2
billion euros at the end of 2012.
($1 = 0.7857 euros)
(Reporting By Stephen Jewkes)