Future Generali Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/future-generali/ Tue, 27 Aug 2024 11:21:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 Generali’s Indian JVs to rebrand following regulatory approvals on stake sale: report https://insuranceasianews.com/future-generali-india-life-and-general-insurance-undergoes-rebrand-following-regulatory-approvals/ Tue, 27 Aug 2024 22:00:30 +0000 https://insuranceasianews.com/?p=161433 The branding overhaul would see "Future" omitted from the name, and will likely take place after regulators approve the stake sale by Future Enterprises Limited, according to the local media.

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Future Generali India Life and Future Generali India Insurance would opt for a new brand identity, following the completion of the stake sale by Future Enterprises Limited (FEL), according to a report...

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]]> Central Bank of India wins bid for minority stake in Generali’s Indian JVs https://insuranceasianews.com/central-bank-of-india-wins-bid-for-minority-stake-in-generalis-indian-jvs/ Thu, 22 Aug 2024 02:38:27 +0000 https://insuranceasianews.com/?p=161020 The state-owned lender will acquire the stakes held by the insolvent Future Enterprises in the life and P&C businesses majority owned by the Italian insurance giant for a reported US$60.5m.

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State-owned lender Central Bank of India has been declared the successful bidder for the minority stakes of Generali’s India arms – Future Generali India Insurance and Future Generali India Life Ins...

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]]> Central Bank of India set to acquire stakes in Future Generali P&C and life units: report https://insuranceasianews.com/indias-central-bank-set-to-acquire-stakes-in-future-generali-pc-and-life-units-report/ Mon, 19 Aug 2024 09:59:33 +0000 https://insuranceasianews.com/?p=160763 This acquisition is part of the bank's strategy to expand its presence in the insurance sector. The stakes, to be bought from debt-laden Future Enterprises, is expected to be announced soon, according to the Economic Times.

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The Central Bank of India is likely to finalise a deal to buy a 25% stake in Future Generali India Insurance and a 33% stake in Future Generali India Life, the two JVs of Future Enterprises insuranc...

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