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Assicurazioni Generali SpA (GASI.MI)

GASI.MI on Milan Stock Exchange

14.45EUR
17 Aug 2018
Change (% chg)

€-0.14 (-0.99%)
Prev Close
€14.60
Open
€14.52
Day's High
€14.66
Day's Low
€14.31
Volume
4,659,567
Avg. Vol
5,666,088
52-wk High
€17.13
52-wk Low
€13.86

Latest Key Developments (Source: Significant Developments)

Generali has stronger capital-cash position, eyes M&A seriously - CEO
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Italy's Generali Chief Executive Philippe Donnet says::GROUP LOOKS AT M&A SERIOUSLY, HAS BETTER CAPITAL AND CASH POSITIONS THAN A COUPLE OF YEARS AGO.  Full Article

Mediobanca sees growth next year, will press ahead with acquisitions
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Italy's Mediobanca Chief Executive Alberto Nagel says in a post-results conference call::BUYBACK SCHEME ALSO APPROVED FOR POTENTIAL PARTNERSHIPS IN ASSET MANAGEMENT AND OTHER SECTORS.SEES 2018-2019 AS YEAR OF GROWTH.WILL NOT REVISE OR UPDATE PLAN TARGETS, BANK WILL GO AHEAD WITH "SAME PACE".WILL GO AHEAD WITH ACQUISITIONS, IN WEALTH MANAGEMENT AND CONSUMER BANKING SECTORS.ITALY'S POLITICAL SITUATION DID NOT HAVE IMPACT ON BANK'S INVESTMENT BANKING ACTIVITY, INTEREST FOR ITALIAN ASSETS STILL VERY HIGH.CONFIRMS BANK INTENDS TO SELL STAKE IN INSURER GENERALI BY JUNE 2019, SALE CAN BE CARRIED OUT IN SEVERAL WAYS, EVALUATING OPPORTUNITIES.  Full Article

Generali's board approves new organisational structure
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Assicurazioni Generali says::BOARD APPROVES NEW ORGANISATIONAL STRUCTURE, APPOINTS FREDERIC DE COURTOIS GENERAL MANAGER.CFO LUIGI LUBELLI TO RESIGN, CRISTIANO BOREAN TO REPLACE HIM FROM SEPT. 1.CREATES NEW INTERNATIONAL CEO POSITION, ASSIGNED TO JAIME ANCHUSTEGUI MELGAREJO.  Full Article

Generali signs deal with Viridium regarding sale of Generali Leben
Friday, 13 Jul 2018 

July 13 (Reuters) - Assicurazioni Generali SpA ::GENERALI SAYS SIGNED TRANSACTION WITH VIRIDIUM GRUPPE REGARDING SALE OF GENERALI LEBEN.GENERALI SAYS AGREEMENT SIGNED ALSO REGARDS ESTABLISHMENT OF BROADER INDUSTRIAL PARTNERSHIP WITH VIRIDIUM IN GERMAN INSURANCE MARKET.  Full Article

Generali Agrees To Sell 89.9 Pct Of Generali Leben To Viridium
Thursday, 5 Jul 2018 

July 5 (Reuters) - Assicurazioni Generali SpA ::GENERALI AGREES TO SELL 89.9% OF GENERALI LEBEN IN GERMANY, IN A TRANSACTION VALUING COMPANY UP TO EUR 1 BILLION.TOTAL ESTIMATED CASH-IN UP TO ABOUT €1.9 BILLION.POSITIVE IMPACT ON GERMAN SOLVENCY OF APPROXIMATELY 43 P.P. AND ON GROUP SOLVENCY OF 2.6 P.P..SAYS GENERALI DEUTSCHLAND WILL SELL 89.9% OF GENERALI LEBEN TO VIRIDIUM.SAYS WILL HAVE THE POSSIBILITY TO INVEST IN A MINORITY STAKE IN VIRIDIUM, SUBJECT TO THE SUCCESSFUL COMPLETION OF THE DUE DILIGENCE.GENERALI INVESTMENTS EUROPE TO MANAGE GENERALI LEBEN ASSETS FOR 5-YEAR PERIOD FOR CUMULATIVE TOTAL FEE OF €275 MILLION.  Full Article

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

Elliott denies it has stake in Italy's Mediobanca

MILAN Activist fund Elliott denied a report it has built a stake of around 1 percent in Italian investment house Mediobanca .