News: Assicurazioni Generali SpA (GASI.MI)
14.21EUR
24 May 2013
€0.05 (+0.35%)
€14.16
€14.35
€14.44
€14.06
7,606,558
8,595,140
€14.97
€8.15
Mon, May 13 2013
Generali denies sale of U.S. business
MILAN - Italy's biggest insurer Assicurazioni Generali denied reports on Monday it had sold its U.S. life reinsurance business as it presses ahead with efforts to wrap up a series of disposals to beef up its capital base.
Generali denies closing sale of U.S. business
MILAN, May 13 - A spokesman for Italy's biggest insurer Generali said on Monday the sale process of its U.S. reinsurance business unit had not yet been concluded, denying market talk.
UPDATE 2-Generali shares jump as CEO Greco's strategy bears fruit
* Shares up 2.5 percent, hit highest in nearly 2 years (Rewrites first paragraph, adds shares, analyst and CEO comments)
Generali backs any plan that can boost Telecom Italia value
MILAN, May 10 - Italian insurer Generali Chief Executive Mario Greco said he is in favour of any plan that can improve the value of its holding in phone company Telecom Italia.
Generali Q1 net profit rises to 603 mln euros
MILAN, May 10 - Insurer Generali rebounded from a quarterly loss at end-2012 to deliver a better than expected net profit in the first three months of the year, a sign the restructuring pushed through by Chief Executive Mario Greco is delivering its first results.
Mediobanca dragged into the red by Generali investment
MILAN - Italy's Mediobanca was dragged into the red in the last quarter, hit by losses deriving from its stake in insurer Generali and shrinking margins due to the worsening Italian economy.
UPDATE 2-Mediobanca dragged into the red by Generali investment
* Shares close down 2.7 pct (Adds details on Generali impact, CEO quote, updates shares)
Scor lead bidder for Generali USA in $800m deal: sources
LONDON/NEW YORK - French insurer Scor has emerged as the lead bidder for Generali's U.S. life reinsurance business in a deal that could be announced shortly, two people familiar with the matter said on Thursday.
UPDATE 1-Scor lead bidder for Generali USA in $800m deal-sources
LONDON/NEW YORK, May 9 - French insurer Scor has emerged as the lead bidder for Generali's U.S. life reinsurance business in a deal that could be announced shortly, two people familiar with the matter said on Thursday.
Mediobanca dragged into the red by Generali investment
MILAN, May 9 - Italy's Mediobanca was dragged into the red in the quarter ending in March, hit by losses deriving from its large stake in insurer Generali .
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