Generali sells its life insurance subsidiary in Germany

Tweet

GeneraliGenerali has signed an agreement with the German insurer Frankfurter Leben to sell Generali Deutschland Pensionskasse, its life insurance subsidiary in Germany.

The transaction is part of the Italian group's "Lifetime Partner 24: Driving Growth" strategic plan aimed at improving the profitability of its life insurance business, among other things.

Pending the approval of the relevant authorities, the sale is expected to be completed by the end of 2023.

Read also | Allianz X to sell its stake in the capital of N26

0
Your rating: None
Fri, 05/05/2023 - 12:15
© 2024 Groupe Atlas
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits