Generali
-
The decision to put Philipe Donnet on the slate was backed by nine of 13 board members, despite opposition from the carrier’s two biggest investors.
-
The current board is said to favour Philippe Donnet’s inclusion on the list of the next board of directors.
-
Storms in Spain during January and subsequent weather events across Europe in June impacted the P&C division.
-
The Italian carrier pledges action in investment and underwriting and the group's core businesses, and commits to a low-climate-impact future.
-
The total consideration for the combined transactions, including MPI Generali, is RM1.3bn ($311mn), subject to closing adjustments.
-
The voluntary tender builds on a 2020 deal in which the bidder took a 24% stake in its target.
-
Natural catastrophes make a smaller impact on the combined ratio than a year earlier.
-
General manager Frédéric de Courtois and group chief investment Timothy Ryan will leave the business.
-
The legacy company announces three recent appointments to its management team.
-
The new recruit will run SI’s UK and international property team.
-
The internal venture aims to accelerate digitalisation across the group.
-
Zaid Alami replaces Brendan McDonald, who is now underwriting head for the region.
