image credit: Adobe Stock

Generali Plans Sale of €20B Italian Life Portfolio, Aiming to Improve Profits: Sources

December 7, 2022


Assicurazioni Generali SpA is planning to sell a roughly €20 billion ($21 billion) Italian life insurance portfolio as part of a plan to improve profitability, people familiar with the matter said.

The Italian insurer, which has been working with an adviser to review the portfolio, may start a sale process as soon as January, the people said, asking to not be identified discussing confidential information.

Read More on Insurance Journal