Edition:
United Kingdom

Assicurazioni Generali SpA (GASI.MI)

GASI.MI on Milan Stock Exchange

14.54EUR
22 Jun 2018
Change (% chg)

€0.10 (+0.73%)
Prev Close
€14.44
Open
€14.47
Day's High
€14.66
Day's Low
€14.45
Volume
3,243,342
Avg. Vol
6,528,380
52-wk High
€17.13
52-wk Low
€13.86

Latest Key Developments (Source: Significant Developments)

Mediobanca says to trim Generali stake to 10 pct by June 2019
Friday, 11 May 2018 

May 11 (Reuters) - Mediobanca CEO Alberto Nagel tells media call::DIVIDEND IN CURRENT YEAR TO BE BASED AT HIGHER END OF 40-50 PERCENT RANGE FOR PAYOUT RATIO.CONFIRMS INTENTION TO GO DOWN TO 10 PERCENT STAKE IN ASSICURAZIONI GENERALI BY JUNE 2019.  Full Article

Generali not considering share buyback at present - CEO
Thursday, 19 Apr 2018 

April 19 (Reuters) - Assicurazioni Generali CEO says::NOT CONSIDERING SHARE BUYBACK AT PRESENT.  Full Article

Generali to sell Belgian business to Athora for 540 mln euros
Wednesday, 18 Apr 2018 

April 18 (Reuters) - Assicurazioni Generali says::ENTERS BINDING ACCORD TO SELL ENTIRE STAKE IN GENERALI BELGIUM TO ATHORA HOLDING.WILL RECEIVE 540 MILLION EURO PAYMENT SUBJECT TO ADJUSTMENTS AT CLOSING.EXPECTS TO BOOK CAPITAL GAIN OF AROUND 150 MILLION EUROS FROM DEAL.EXPECTS TO CLOSE DEAL IN H2.  Full Article

Generali agrees to sell Non-Life run-off portfolio of British branch
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Assicurazioni Generali says::AGREES TO SELL NON-LIFE RUN-OFF PORTFOLIO OF ITS BRITISH BRANCH, CONSISTING OF APPROXIMATELY 300 MILLION EURO OF LIABILITIES.TO SELL THE PORTFOLIO TO COMPRE GROUP.TRANSACTION FURTHER STRENGTHEN GROUP'S SOLVENCY CAPITAL POSITION.  Full Article

Italy's Generali To Sell Ireland's PanEurope, With Gain Of 56 Mln Euros
Monday, 18 Dec 2017 

Dec 18 (Reuters) - Italy's biggest insurer Generali says::TO SELL IRELAND-BASED GENERALI PANEUROPE, TO RECEIVE TOTAL CASH PROCEEDS OF 286 MILLION EUROS ($336.48 MILLION) AT CLOSING OF DEAL.POTENTIAL DEFERRED CONSIDERATION OF UP TO 10 MILLION EUROS TO BE PAID 12 MONTHS AFTER CLOSING.SALE WILL ADD APPROXIMATELY 0.4 PERCENTAGE POINTS TO THE GROUP'S REGULATORY SOLVENCY II RATIO, EXPECTED TO GENERATE POST-TAX GAIN OF APPROXIMATELY 56 MILLION EUROS.EXPECTS TO FINALISE SALE OF GENERALI PANEUROPE DURING THE FIRST HALF OF 2018."DEAL PART OF ONGOING EFFORTS TO RATIONALIZE GROUP'S GEOGRAPHICAL FOOTPRINT", SAYS CEO GLOBAL BUSINESS LINES & INTERNATIONAL FREDERIC DE COURTOIS IN STATEMENT.  Full Article

Generali says to take decision on Generali Leben in near future
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Generali says::Generali Leben will stop new business production in the first part of 2018, and will focus on managing of the current contracts till their expiration.Will manage transition by leveraging on internal knowledge or through collaborating with specialized operators that have already successfully implemented this expertise.A decision will be made in the near future and will take into consideration the financial aspects as well as the interests of our customers and our sales network.  Full Article

Mediobanca CEO reiterates plans to sell 3 pct or more of Generali stake
Saturday, 28 Oct 2017 

Oct 28 (Reuters) - Mediobanca CEO Alberto Nagel says at a shareholder meeting::reiterates plans to sell 3 percent or more of its holding in Italian insurer Generali, either via a private or market placement, if opportunities come up to invest elsewhere.  Full Article

Mediobanca CEO: base scenario is sale of 3 pct Generali stake, but open to other options
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Mediobanca CEO Alberto Nagel tells reporters in a call after Q1 results: :base scenario is to cut stake in Generali to 10 percent from 13 percent during plan, but we are open to other options.sees no room to review strategic plan early .sees positive mood from foreign investors, particularly U.S. investors, towards European banks, hopes Carige's capital increase <<>> will be completed successfully .  Full Article

Generali issues 200 mln euro cat bond against Europe windstorm, flood, Italy quake-broker
Monday, 10 Jul 2017 

July 10 (Reuters) - Insurer Generali :Issues 200 million euro catastrophe bond against europe windstorm and flood, italy quake -broker gc securities.  Full Article

Intesa has no deadline for any offer on Generali - chairman
Wednesday, 15 Feb 2017 

Intesa Sanpaolo chairman Gian Maria Gros-Pietro says: there has been no acceleration in the bank's plans regarding a possible tie-up with insurer Generali . bank has no deadline for a decision on any possible offer for Generali Further company coverage: [ISP.MI][GASI.MI] (Reporting by Milan Newsroom).  Full Article

Italy - Factors to watch on June 14

The following factors could affect Italian markets on Thursday.