Profile: Assicurazioni Generali SpA (GASI.MI)

Assicurazioni Generali SpA is an Italy-based company engaged in the insurance and financial products sector. The Company acts as the parent to the Generali Group (the Group). The Group operates through two segments: Life and a Non-life. The Life segment’s product line consists of saving and protection policies, as well as the health and pension policies. Through the Non-life segment, the Company provides various insurance products, such as house, car, travel insurance and reinsurance policies. Additionally, the Company is involved in the asset management and private-banking financial services. As of December 31, 2011, the Company operated through subsidiaries in 69 countries, including Italy, Germany, France, Austria, Spain, Switzerland and Argentina, among others. On October 29, 2012, it completed the sale of its 69.13% share in Migdal Insurance and Financial Holdings Ltd to Eliahu Insurance Company Ltd.