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News: Assicurazioni Generali SpA (GASI.MI)

GASI.MI on Milan Stock Exchange

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Tue, May 24 2016

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BTG Pactual wants Generali indemnity over BSI's 1MDB link, source says

SAO PAULO Grupo BTG Pactual SA is seeking indemnity from Swiss private bank BSI SA's prior owner after losses tied to a Malaysian fund led EFG International AG to cut the price it paid for a controlling stake in BSI, a source familiar with the matter said on Tuesday.

UPDATE 2-BTG Pactual wants Generali indemnity over BSI's 1MDB link, source says

SAO PAULO, May 24 Grupo BTG Pactual SA is seeking indemnity from Swiss private bank BSI SA's prior owner after losses tied to a Malaysian fund led EFG International AG to cut the price it paid for a controlling stake in BSI, a source familiar with the matter said on Tuesday.

BRIEF-Generali says did not get any "indemnifiable claim" over BSI

* has not received any communication qualifying as "indemnifiable claim" under agreement for Swiss private bank BSI with BTG Pactual

Brazil's BTG says to seek damages from Generali for BSI fines

BRASILIA, May 24 Brazil's investment bank Banco BTG Pactual SA will seek monetary compensation from Italian insurer Generali for fines imposed by Swiss and Singaporean authorities against BSI SA, BTG said in a statement.

BRIEF-Generali suspends "Stardust" real estate sale

May 12 Assicurazioni Generali CFO Alberto Minali says:

UPDATE 1-Low rates worry Generali more than Brexit

MILAN, May 12 Generali, Europe's third largest insurer, shrugged off concerns about a possible British exit from the European Union, with persistently low interest rates more of a headache.

BRIEF-Generali CFO says Brexit not an issue for the group

* Brexit is not an issue for the group; its sterling exposure is very small

Generali Q1 operating profit falls 12.3 pct on fewer capital gains

MILAN, May 12 Italy's biggest insurer Generali said on Thursday its operating profit in the first three months fell 12.3 percent due to fewer capital gains and low interest rates.

BRIEF-Mediobanca sees higher dividend this financial yr - CEO

May 11 Mediobanca CEO Alberto Nagel tells journalists on a post-results call:

BRIEF-Generali won't take part in Popolare Vicenza cash call

* Director General Alberto Minali says that the insurer will not take part in a capital increase at Popolare Vicenza, in which Generali holds a stake of 0.38 percent

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