Life & Health Insurance

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Assicurazioni Generali SpA Announces Launch of Generali Italia

Monday, 1 Jul 2013 10:19am EDT

Assicurazioni Generali SpA announced that Generali Italia has been officially launched on July 1, 2013. The Direzione per l'Italia business unit of Assicurazioni Generali, including the Italian insurance activities and the main Italian shareholdings, such as AlleanzaToro, Fata, Genertel, Genertellife, Banca Generali, Generali Properties and Genagricola, has been transferred to Ina Assitalia. Subsequently, Ina Assitalia assumed the name of Generali Italia SpA. The new company is headquartered in Mogliano Veneto (Treviso). At a meeting chaired by Sergio Balbinot, the Board of Directors of Generali Italia appointed Alberto Minali as Vice Chairman and Raffaele Agrusti as Chief Executive Officer. Antonio Cangeri, Giovanni Liverani, Monica Alessandra Possa and Paolo Vagnone will serve as Directors. The Board will remain in office until the approval of the 2013 financial statements. Following this step, the merger will continue with the insurance activities of Toro, Lloyd Italico and Augusta being transferred to the new company by the end of fiscal year 2013. By the completion of the process, Generali Italia will have operations consisting of more than EUR 13 billion in premiums and EUR 100 billion in assets under management and will serve 10 million clients through around 9,000 employees and a sales network of approximately 3,000 agents and thousands of producers.

New China Life Insurance Co Ltd to Set up Subsidiary

Friday, 31 May 2013 08:00pm EDT

New China Life Insurance Co Ltd announced that it will set up a wholly owned subsidiary, a Beijing-based e-commerce company with a registered capital of RMB 100 million.

China Pacific Insurance (Group) Co Ltd to Set up Subsidiary

Tuesday, 22 Jan 2013 07:00pm EST

China Pacific Insurance (Group) Co Ltd announced that its Board of Directors has approved the proposal of setting up a health insurance company.

Interseguro Compania de Seguros SA Establishes New Subsidiary

Friday, 9 Nov 2012 09:47am EST

Interseguro Compania de Seguros SA announced that on November 8, 2012 its Board of Directors agreed to establish a new subsidiary, Mortgage Management Company (Empresa Administradora Hipotecaria), with an initial share capital amounting to PEN 4,500,000.

Pethealth Inc Announces Establishment Of Automatic Purchase Plan

Thursday, 8 Nov 2012 09:30am EST

Pethealth Inc announced that it has entered into an automatic share purchase plan agreement (the Plan) with a broker in connection with its normal course issuer bid (NCIB) previously announced on September 20, 2012 to facilitate purchases of Pethealth's common shares (Shares) under the NCIB.

Aegon NV Launches New Bank Knab-DJ

Thursday, 20 Sep 2012 01:41am EDT

Dow Jones reported that Aegon NV has launched new Dutch consumer bank, Knab. Knab is an internet bank that has been founded with financial support and a bank permit of the Company. The services provided by Knab consists of worldwide payments, cash withdrawals, various savings products, digital cash book, asset management, financial planning and mobile banking.

Rimac Seguros y Reaseguros's Rimac Internacional SA Entidad Prestadora de Salud To Constitute New Company With Guerreros y Asociados Inversiones SA

Wednesday, 15 Aug 2012 07:18pm EDT

Rimac Seguros y Reaseguros announced that its subsidiary, Rimac Internacional SA Entidad Prestadora de Salud, has signed with Guerreros y Asociados Inversiones SA the deed of constitution of a new company called SMA Servicios Medicos Ambulatorios SA.


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