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Assicurazioni Generali SpA completes disposal of Fata Danni to Societa Cattolica di Assicurazione Sc


Wednesday, 11 Jun 2014 05:54am EDT 

Assicurazioni Generali SpA:Says that the 100 pct disposal of Fata Assicurazioni Danni to Societa Cattolica di Assicurazione Sc was finalized on June 11, in line with the agreement of the Nov. 20, 2013.Says the price adjustment procedure led to a transaction worth a total of 194.7 million euros before taxes, thus allowing the Generali Group to further strengthen its cash and capital position and to improve the Solvency I ratio by 0.7 pct. 

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