Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Stuttgart - Delayed Quote • EUR Assicurazioni Generali (ASG.SG) Follow Compare 31.36 -0.04 (-0.13%) As of 3:34:01 PM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations UniCredit Raises Generali Stake as Orcel Seeks Deals Influence (Bloomberg) -- UniCredit SpA has expanded its holding in Italy’s largest insurer, potentially giving Chief Executive Officer Andrea Orcel more influence in future deals. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperOrcel said Exclusive-Billionaire Generali investor weighs candidates for CEO challenge One of Generali's biggest investors is considering challenging the reappointment of longstanding CEO Philippe Donnet in May and is weighing potential alternative candidates to lead Italy's biggest insurer, four sources close to the matter said. Three years ago Francesco Gaetano Caltagirone, an Italian construction and publishing billionaire with a 6.9% stake in Generali led a failed attempt to replace Donnet, who had backing from the insurer's board and its biggest shareholder Mediobanca. Caltagirone, as well as the late billionaire Leonardo Del Vecchio, has criticised Donnet, at the helm of the insurer since 2016, for failing to grow Generali sufficiently. Italy’s UniCredit discloses 4.1% stake in Generali The Milan-based bank called the stake a “pure financial investment”, emphasising it has no strategic interest in the insurer. UniCredit Heats Up Italy Finance Battle With Generali Stake (Bloomberg) -- Andrea Orcel has made another surprise move in the fight to dominate the Italian financial system.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeHistoric London Elevator Faces Last Stop in Labour’s Housing PushThe UniCredit SpA chief executive officer on Sunday unveiled a 4.1 UniCredit Takes 4% Generali Stake in Latest Italian Dealmaking (Bloomberg) -- UniCredit SpA built a minority equity stake in Assicurazioni Generali SpA, adding to a flurry of dealmaking in the Italian financial sector.Most Read from BloombergNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHow the 2025 Catholic Jubilee Is Reshaping RomeHistoric London Elevator Faces Last Stop in Labour’s Housing PushThe Milan-based lender d Generali to initiate share buyback programme The authorisation for the buyback has a term of 18 months. Generali steps up investor returns as CEO offers to stay in charge VENICE (Reuters) -Generali on Thursday promised shareholders more than 8.5 billion euros ($8.9 billion) in dividends and share buybacks under a new strategy through 2027, as CEO Philippe Donnet prepares to fight for reappointment. Investors in Italy's biggest insurer have in the past clashed over its leadership, with Donnet backed by top shareholder Mediobanca but under attack by two billionaires - Francesco Gaetano Caltagirone and the now deceased Ray-Ban magnate Leonardo Del Vecchio. Milan mayor sides with Mediobanca, saying MPS bid is Rome-Milan match Milan mayor Giuseppe Sala on Wednesday sided with Mediobanca in a takeover battle launched by state-backed Monte dei Paschi di Siena (MPS), signalling the financial saga was becoming increasingly political. The state still owns 11.7% of the Tuscany-based bank, down from 68%. Generali sets up global corporate and commercial unit in India Shib Shankar Saha will lead GC&C India, reporting directly to GC&C Asia head Axel Roesner. Generali partners with MIT to explore AI in insurance The partnership will focus on the practical applications of AI in risk modelling, claims assessment and smart underwriting. Explainer-Billionaire Caltagirone's role in Italy's banking M&A wave MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in a reshaping of Italy's financial sector triggered by a surge in M&A activity. Caltagirone last year expanded his investments in Italy's financial sector, becoming a key shareholder in bailed-out bank Monte dei Paschi di Siena (MPS) and fund manager Anima Holding. He has long been the third-largest shareholder in Italy's biggest insurer Generali and has increased its stake in Mediobanca since 2021 to become the No. 2 investor in the Milanese bank. How Italy's MPS went from near collapse to bid for revered merchant bank MILAN (Reuters) -Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy's Treasury picked him out to revive the fortunes of the world's oldest bank, five years after bailing it out. MPS stock traded at 7 euros this week when Lovaglio and his finance chief Andrea Maffezzoni have emerged from two all-nighters that ended in them launching a 13.3 billion euro ($14 billion) all-share takeover bid for larger rival Mediobanca, Italy's historic investment bank. MPS, which once threatened to spread contagion across the industry, is bidding for a bank that for decades held sway over Italy's financial arena. Generali, BPCE announce $1.9tn global asset management JV The combined entity will have equal ownership, with each party holding 50% and sharing governance and control. Generali to buy majority stake in credit investment firm MGG for $320m MGG will remain under Kevin Griffin's leadership, with its investment strategy and processes unchanged. Hedge funds: compensation scheme or asset class? Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is... Generali Investments buys majority stake in U.S. investment firm MGG Generali Investments, the global investment arm of Italy's top insurer Generali, said on Friday it had signed an agreement to buy a 77% stake in the U.S. investment firm MGG Investment Group for $320 million. Founded in 2014 by Kevin Griffin and McCourt Global, a private family company, New York-based MGG has over $6 billion in assets under management and provides senior secured loans and structured capital solutions to U.S. middle market businesses. Generali to offload Philippines unit to Insular Life The deal aligns with Generali's plan, Lifetime Partner 24: Driving Growth, which includes a focus on its established markets. Radisson Collection’s first property in Madrid to open in 2027 Situated in the Canalejas area, the hotel will feature 154 guest rooms and suites, as well as a rooftop bar and restaurant. In asset management, big is beautiful — but it is not enough Facing stagnant revenues and rising costs, the also-rans of the asset management world are under crushing pressure to team up. The latest example... RBI approves Central Bank of India’s insurance JV with Generali The condition is subject to fulfilment of ongoing compliance requirements set by the RBI and consent from IRDAI. Performance Overview Trailing total returns as of 2/24/2025, which may include dividends or other distributions. Benchmark is FTSE MIB Index Return ASG.SG FTSE MIB Index YTD +14.41% +12.54% 1-Year +49.53% +17.65% 3-Year +122.19% +54.64%