Assicurazioni Generali SpA (GASI.MI) Key Developments | Reuters.com
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Assicurazioni Generali SpA (GASI.MI)

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Latest Key Developments (Source: Significant Developments)

Generali suspends "Stardust" real estate sale
Thursday, 12 May 2016 06:00am EDT 

Assicurazioni Generali CFO Alberto Minali says: "Stardust" real estate sale suspended . wants to selectively increase exposure to real estate Further company coverage: [GASI.MI] (Reporting by Milan newsroom).  Full Article

Generali CFO says Brexit not an issue for the group
Thursday, 12 May 2016 02:30am EDT 

Generali CFO Alberto Minali says: Brexit is not an issue for the group; its sterling exposure is very small . Investment in bank rescue fund Atlante will absorb 0.4-0.5 basis points of capital . Confirms business plan targets Further company coverage: [GASI.MI] (Reporting by Milan newsroom).  Full Article

Mediobanca sees higher dividend this financial yr - CEO
Wednesday, 11 May 2016 02:24am EDT 

Mediobanca CEO Alberto Nagel tells journalists on a post-results call: expects to be able to raise dividend payout this financial year barring surprises . will consider investment in Veneto Banca should it be needed to make IPO successful, but at present not on the table . will evaluate Cairo Communication's offer for RCS MediaGroup objectively, does not know if there are any realistic alternative offers . does not have time frame for sale of 3 percent stake in insurer Generali Further company coverage: [MDBI.MI] [GASI.MI] [RCSM.MI] (Reporting by Milan newsroom).  Full Article

Assicurazioni Generali SpA appoints Philippe Donnet as new CEO
Wednesday, 16 Mar 2016 08:00pm EDT 

Assicurazioni Generali SpA:Appoints Philippe Donnet as new CEO.Appoints Alberto Minali as managing director.  Full Article

Assicurazioni Generali SpA CEO to step down at end of current mandate
Tuesday, 26 Jan 2016 12:49pm EST 

Assicurazioni Generali SpA:CEO Mario Greco told company he is stepping down at the end of his current mandate which is planned to coincide with the AGM to approve 2015 results.Greco to continue to work as CEO until the end of his current mandate.  Full Article

Assicurazioni Generali confirms commitment to increase dividend in next years -Reuters
Thursday, 30 Apr 2015 03:59am EDT 

Assicurazioni Generali SpA:CEO Mario Greco confirms commitment to increase dividend in next years -Reuters.  Full Article

Assicurazioni Generali SpA BSI unit to pay $211 mln to settle DOJ dispute-Reuters
Monday, 30 Mar 2015 01:04pm EDT 

Assicurazioni Generali SpA:Its BSI private banking unit would pay $211 million to settle an outstanding dispute with the U.S. Department of Justice-Reuters.Generali said in a statement BSI had signed a non-prosecution agreement with the DOJ over the matter.Amount was in line with what it had provisioned in its 2014 results and so did not expect any further material impact on the group's 2015 results.  Full Article

Assicurazioni Generali SpA proposes FY 2014 dividend
Thursday, 12 Mar 2015 02:29am EDT 

Assicurazioni Generali SpA:Proposes FY 2014 dividend of 0.6 euros a share, up from 0.45 euros the previous year.The total dividend on outstanding shares amounts to 934.1 million euros.FY 2014 dividend will be paid on May 20 with record date May 19.  Full Article

Assicurazioni Generali SpA buys remaining 24 pct stake in GPH
Friday, 16 Jan 2015 10:44am EST 

Assicurazioni Generali SpA:Says it has completed the planned purchase of the remaining 24 percent stake in its central and eastern Europe joint-venture Generali PPF Holding (GPH) for 1.245 billion euros.Says acquisition of the minorities stake in GPH from PPF Group was in line with agreements signed two years ago, the insurer said in a statement.  Full Article

Standard & Poor's downgrades Assicurazioni Generali SpA’s rating to BBB+, outlook stable
Friday, 12 Dec 2014 12:37pm EST 

Assicurazioni Generali SpA:Says Standard & Poor's revised the company’s rating and downgraded it to BBB+ from A-.Says outlook is stable from negative.  Full Article

Fitch Rates Generali's Subordinated Notes 'BBB'

(The following statement was released by the rating agency) LONDON/FRANKFURT, June 01 (Fitch) Fitch Ratings has assigned Assicurazioni Generali SpA's (Generali) EUR850m issue of subordinated notes a rating of 'BBB'. The notes are rated two notches below Generali's Long-Term Issuer Default Rating (IDR) of 'A-'/Stable, to reflect their subordination and loss absorption features, in line with Fitch's notching criteria. KEY RATING DRIVERS The proceeds of the Tier 2 subordinated notes will be us