Generali completes acquisition of Conning Holdings Limited

Generali has completed the acquisition of Conning Holdings Limited (CHL), an asset management company owned by Taiwanese life insurer Cathay Life.

The transaction includes Conning and its subsidiaries Octagon Credit Investors, Global Evolution and Pearlmark.

As part of the deal, which was announced in July 2023, all CHL shares have been transferred to Generali Investments Holding (GIH) in exchange for new shares. Cathay Life has become a minority shareholder in GIH, with a 16.75% stake.