Generali Italia S.p.A. or simply Generali is an Italian insurance company based in
Mogliano Veneto
Mogliano Veneto ( ) is a town and ''comune'' in the province of Treviso, Veneto, northern Italy, located halfway between Mestre (Venice) and Treviso.
Culture
Mogliano Veneto Is the birthplace of the novel writer Giuseppe Berto and the lyric sopr ...
, which is a subsidiary of
Generali Group
Assicurazioni Generali S.p.A. ( , ; meaning 'general insurances') or commonly known as Generali Group is an Italian insurance company based in Trieste. As of 2022, it is the largest insurance company in Italy and ranks among the world's largest i ...
.
Alleanza Assicurazioni,
Cattolica Assicurazioni
Cattolica Assicurazioni is an Italian insurance company.
Founded in 1896, the company was listed on the FTSE Italia Mid Cap index of the Milan Stock Exchange from November 27, 2000, to August 12, 2022.
Acquired by Generali in 2022 and merged ...
, DAS,
Genertel,
Generali Welion,
Generali Jeniot and
Leone Alato are headed by Generali Italia.
History
The company was founded on July 1, 2013 when the Italian branch of
Assicurazioni Generali
Assicurazioni Generali S.p.A. ( , ; meaning 'general insurances') or commonly known as Generali Group is an Italian insurance company based in Trieste. As of 2022, it is the largest insurance company in Italy and ranks among the world's largest i ...
was transferred to
INA Assitalia and the name was changed to Generali Italia SpA. The insurance activities of the Toro Group (
Toro
Toro may refer to:
Places
*Toro, Molise, a ''comune'' in the Province of Campobasso, Italy
*Toro, Nigeria, a Local Government Area of Bauchi State, Nigeria
*Toro, Shizuoka, an archaeological site in Shizuoka Prefecture, Japan
*Toro, Zamora, a ''m ...
,
Lloyd Italico and
Augusta) were then integrated. Sergio Balbinot was the first chairmen and Raffaele Agrusti the CEO; their office lasted until the approval of the 2013 financial statements. On 7 October 2013
Philippe Donnet
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joined the Generali Group and became Country Manager Italy and CEO of Generali Italia.
In May 2016
Marco Sesana
Marco may refer to:
People Given name
* Marco (actor) (born 1977), South Korean model and actor
Surname
* Georg Marco (1863–1923), Romanian chess player of German origin
* Jindřich Marco (1921–2000), Czechoslovak photographer and numismat ...
was appointed Chief Executive Officer and General Manager.
In the following three years a new phase started and two new companies were born: Generali Welion, an integrated welfare company, and Generali Jeniot, which deals with
IoT services and connected insurance.
In May 2020,
IVASS, the supervisory entity for the sector, ordered
Cattolica
Cattolica (; ) is a town and ''comune'' in the Province of Rimini, Italy, with 16,233 inhabitants as of 2007.
History
Archaeological excavations show that the area was already settled in ancient Rome, Roman times.
According to one legend, Catto ...
's top management to carry out a capital increase of 500 million by 30 October 2020.
On 25 June 2020, Generali and Cattolica announce a strategic partnership which consists in the entry of Generali into Cattolica with a stake of 24.4 percent
In November 2021, Generali held 84.475 percent of Cattolica's share capital.
In 2022, the
agrifood
The food industry is a complex, global network of diverse businesses that supplies most of the food consumed by the world's population. The food industry today has become highly diversified, with manufacturing ranging from small, traditional, ...
holding company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
Leone Alato was established, controlled by the Generali Italia. Leone Alato is involved in
agricultural activities
Agriculture encompasses crop and livestock production, aquaculture
Aquaculture (less commonly spelled aquiculture), also known as aquafarming, is the controlled cultivation ("farming") of aquatic organisms such as fish, crustaceans, mo ...
, including
reforestation
Reforestation is the practice of restoring previously existing forests and woodlands that have been destroyed or damaged. The prior forest destruction might have happened through deforestation, clearcutting or wildfires. Three important purpose ...
and the production and marketing of wines and spirits, as well as
renewable energy
Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...
production. Among its subsidiaries are notably Genagricola 1851 and Le Tenute del Leone Alato.
Later in September, Giancarlo Fancel, previously group Chief Risk Officer, was appointed Country Manager Italy and Chief Executive Officer.
Activities
Generali Italia, including its subsidiaries, has:
* 11 million customers
* € 28BN total premiums in 2022
* 15 thousand employees
* 40,000 distributors plus bancassurance.
Subsidiaries
Insurance companies
*
Alleanza Assicurazioni
*
Genertel
* DAS
*
Cattolica Assicurazioni
Cattolica Assicurazioni is an Italian insurance company.
Founded in 1896, the company was listed on the FTSE Italia Mid Cap index of the Milan Stock Exchange from November 27, 2000, to August 12, 2022.
Acquired by Generali in 2022 and merged ...
Service companies
* Generali Welion
* Generali Jeniot
* Leone Alato
See also
*
INA Assitalia
References
External links
*
{{Insurance companies of Italy
Insurance companies of Italy
Companies based in Veneto
Province of Treviso
Generali Group