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Assicurazioni Generali SpA (GASI.MI)

GASI.MI on Milan Stock Exchange

16.03EUR
23 Jan 2018
Change (% chg)

€-0.16 (-0.99%)
Prev Close
€16.19
Open
€16.27
Day's High
€16.29
Day's Low
€16.03
Volume
4,887,933
Avg. Vol
5,205,841
52-wk High
€16.33
52-wk Low
€13.21

Latest Key Developments (Source: Significant Developments)

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

Banca Generali head says no plan on table to buy Fineco - paper
Friday, 7 Oct 2016 

Banca Generali Managing Director Gian Maria Mossa says in an interview in Il Sole 24 Ore on Friday: there is no plan on the table to buy online broker Fineco Bank from UniCredit . the company has given no formal mandate to investment banks for any acquisitions Further company coverage: [BGN.MI] (Reporting by Milan newsroom).  Full Article

Banca Generali not considering Fineco buy-Generali CFO
Friday, 30 Sep 2016 

Assicurazioni Generali Chief Financial Officer Alberto Minali says: Banca Generali is not considering a possible acquisition of online broker FinecoBank from UniCredit though it would be an interesting deal . "We are far from any idea" of a possible deal Further company coverage: [BGN.MI][CRDI.MI][GASI.MI][FBK.MI] (Reporting by Milan newsroom).  Full Article

Societe Generale had 4.171 pct of Generali on Aug 29, voting rights 0.9 pct
Tuesday, 6 Sep 2016 

Filings of Italian market regulator Consob show: Societe Generale had 4.171 percent of Italy's Generali on August 29 . Of this Societe Generale had 0.9 percent in voting rights, a potential stake of 1.557 percent and long positions equal to 1.71 percent Further company coverage: [GASI.MI] (Reporting by Milan newsroom).  Full Article

Italy - Factors to watch on Jan. 22

The following factors could affect Italian markets on Monday.