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Any discussions with Generali are connected to the commercial partnerships tying Italy's biggest insurer to UniCredit , the bank's Chief Executive Andrea Orcel said on Monday.
Intesa Sanpaolo's dominant position in Italy would not be in danger if reported tie-ups among peers were to materialise, the bank's CEO said on Monday after weekend headlines about UniCredit and Generali.
Italy's Caltagirone construction group, a leading investor in bank Monte dei Paschi di Siena and insurer Generali , said on Monday it was beefing up governance controls relating to the two investments.
Italy's biggest insurer Generali is expected to announce within hours it will drop plans to merge its asset management business with BPCE's Natixis, a source close to the situation said on Thursday.
Italy's market regulator has found no evidence of a secret agreement involving Monte dei Paschi di Siena and some of its shareholders to gain control of Mediobanca and insurer Generali, Il Sole-24 Ore reported on Saturday.
Insurer Generali , Milan-listed BFF Bank and France's BPCE have advanced to the second round of bidding to acquire European life insurance consolidator GamaLife from Apax Partners, two sources familiar with the matter said.
Assicurazioni Generali S.p.A. (OTCPK:ARZGY) Q3 2025 Earnings Call November 13, 2025 6:00 AM EST Company Participants Fabio Cleva - Head of Investor & Rating Agency Relations Marco Sesana - Group General Manager Cristiano Borean - Group Chief Financial Officer Giulio Terzariol - Deputy CEO & Chief Executive Officer of Insurance Division Conference Call Participants David Barma - BofA Securities, Research Division Michael Huttner - Joh.
The Italian insurer's net profit rose 8.5, while its operating profit—a closely-watched metric —increased 10%.
Italy's top insurer Generali said on Wednesday it had appointed Giulio Terzariol, current head of the insurance business, as the group's deputy chief executive in a bid to strengthen the execution of its 2027 strategy.
Italian merchant bank Mediobanca on Wednesday reported an 11.8% yearly fall in quarterly net profit, hit by costs tied to its defence against Banca Monte dei Paschi's (MPS) takeover bid, despite steady revenues.
HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based solutions for insurance carriers, brokers, and MGAs, today announced that Generali Global Corporate and Commercial (Generali GC&C) has gone live on Insurity Marine Suite to support excellence in its cargo insurance operations.
The stake in insurer Generali held by the banking group born from Monte dei Paschi di Siena's acquisition of Mediobanca provides a welcome source of revenue diversification, MPS Chief Executive Luigi Lovaglio said.
Italy's biggest insurer Generali said on Thursday it would start offering the 1.9 million clients of its Alleanza Assicurazioni unit banking products provided by its private banking arm Banca Generali.
Any final agreement between Italy's top insurer Generali and France's BPCE to combine their asset management businesses will be subject to prior approval by the insurer's board of directors, Generali said on Thursday.
Insurer Generali and French bank BPCE have agreed to scrap the 50 million euro ($59 million) break-up fee that would be triggered if a proposed deal to merge their asset management businesses fails to go ahead, two sources told Reuters.
Shareholders of merchant bank Mediobanca have rejected the proposal of its chief executive Alberto Nagel to buy Banca Generali, daily la Stampa reported on Thursday, dashing a takeover that would have created Italy's largest wealth manager.
Mediobanca Chief Executive Alberto Nagel faces a close shareholder vote on Thursday on his proposed 6.8 billion euro ($7.9 billion) acquisition of Banca Generali to create Italy's second-largest wealth manager.
Mediobanca shareholders representing around 77%-78% of the Italian bank's share capital are expected to attend a meeting on Thursday to decide on a Banca Generali deal, a source close to the merchant bank said on Wednesday.
Mediobanca received European Central Bank approval on Monday to buy private bank Banca Generali and create Italy's second-largest wealth manager, as it seeks to thwart a takeover bid from Monte dei Paschi di Siena.
Leading governance adviser Glass Lewis on Wednesday confirmed its recommendation to Mediobanca shareholders for a vote in favour of the bid to acquire private bank Banca Generali , a document showed.