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Assicurazioni Generali SpA (GASI.MI)

GASI.MI on Milan Stock Exchange

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Fri, May 12 2017

BRIEF-Generali appoints Jean-Laurent Granier as CEO of Generali France

* Names Jean-Laurent Granier new CEO of Generali France as of June 1

Generali looking to expand in asset management to lift profits

MILAN Generali is looking to buy portfolio management teams to expand its asset management operations and beef up its fee-based business, the Italian group said after reporting a 9 percent fall in first-quarter profits on Thursday.

UPDATE 2-Generali looking to expand in asset management to lift profits

* Q1 net profit falls 9 pct, EBIT up 4.2 pct (Adds manager comments, shares, detail)

Generali to buy portfolio management assets to boost profits

MILAN, May 11 Italy's biggest insurer Generali said on Thursday it was ready to buy portfolio management assets to beef up its fee-based business and help lift group profits.

BRIEF-Generali Q1 net profit falls 9 pct, misses expectations

* Generali says Q1 operating profit rises 4.2 percent to 1.212 billion euros.

Generali does not need capital increase, "will not be prey" - CEO to paper

MILAN, May 10 Generali CEO Philippe Donnet tells La Stampa in an interview:

BRIEF-Generali sees opportunity to sell Intesa stake in short term

April 27 Assicurazioni Generali CEO Philippe Donnet tells shareholder meeting:

Generali does not consider Intesa stake as strategic

TRIESTE, Italy, April 27 Assicurazioni Generali does not consider as strategic a 3 percent holding in Intesa Sanpaolo it bought to fend off a potential stake-building by the Italian bank, its chief executive said on Thursday.

BRIEF-Generali chairman says not in talks with Axa

April 27 Assicurazioni Generali Chairman Gabriele Galateri di Genola says:

Intesa CEO sees no chance of growing through M&A

TURIN, Italy, April 27 The chief executive of Italy's top retail bank, Intesa Sanpaolo, said there was "no chance" of the lender growing through mergers and acquisitions, just months after it dropped a possible bid for insurer Generali.

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