Assicurazioni Generali
 Lion of Saint Mark |
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| Type | Società per azioni |
|---|---|
| Traded as | BIT: G |
| Industry | Financial services |
| Founded | 1831 |
| Headquarters | Trieste, Italy |
| Area served | Italy, Europe, Asia, Middle East, Americas |
| Key people | Gabriele Galateri di Genola (Chairman) Mario Greco (CEO) Alberto Minali (CFO) |
| Products | Insurance, banking, investment management |
| Revenue | €88.55 billion (2012)[1] |
| Profit | €0.09 billion (2012)[1] |
| Total assets | €441.74 billion (end 2012)[1] |
| Total equity | €22.57 billion (end 2012)[1] |
| Employees | 79.454 (end 2012)[1] |
| Subsidiaries | Genertel, Alleanza Toro, Ina Assitalia, Europ Assistance Group |
| Website | www.generali.com |
Assicurazioni Generali S.p.A. is the largest insurance company in Italy and one of the largest in Europe.[2] It has its headquarters in Trieste.[3] In 2010, Assicurazioni Generali Group was the second largest insurance group in the world by revenue after AXA.
Under the name of Imperial Regia Privilegiata Compagnia di Assicurazioni Generali Austro-Italiche, the company was founded on December 26, 1831. At the time, Trieste was the most important sea port of the Austro-Hungarian Empire. The company grew in importance, becoming one of the largest insurance operators both in Italy and in Central Europe. On the American date of May, 9th, 2013, the American company BlackRock LLC agreed to buy all of the Italian company, Assicurazioni Generali S.p.A.. The American company BlackRock LLC currently owns 2.3% of the Italian company Assicurazioni Generali S.p.A..
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Operations [edit]
Today Generali operates primarily in Europe, Middle East and East Asia, with large market shares in Italy, Poland, Germany (under the name of Generali Deutschland), France, Austria, Slovenia, Croatia, Serbia, Spain, Switzerland, Romania, Israel, Japan, China and Bosnia and Herzegovina, with secondary operations in Latin America, for example, in Panama. Generali's United States operations are concentrated in life reinsurance and financial products management, a result of the group's acquisition of Business Men's Assurance Company of America in 1990.
On Jerusalem's Jaffa Road the "Generali Building" (בנין ג'נרלי), built by the company in 1935, is still known by that name though for decades the company has had no connection with it. It is a famous Jerusalem landmark, due to the large and well-preserved Assicurazioni Generali winged lion on its roof (he:בניין ג'נרלי).
In Serbia the company operates under the name Delta Generali - a joint venture of Assicurazioni Generali and Serbian Delta Holding.
In India the company is represented by Future Generali, a joint venture of Future group and Assicurazioni Generali.
Subsidiaries of the group includes, in Italy: INA Assitalia, Fata Assicurazioni, Alleanza - Toro, Europ-Assistance, Genertel and Genertellife.
[edit]
As of 7 December 2010, Assicurazioni Generali's largest shareholder was Mediobanca with 13.47%. Other declared shareholdings at this date were Banca d'Italia (4.49%), BlackRock (2.82%), B&D Holding di Marco Drago & C. (2.43%), Effeti (2.27%), Caltagirone Group (2.20%) and Petr Kellner (2.02%).[4]
Notable employees [edit]
- Franz Kafka worked for nearly nine months (between November 1, 1907, and July 15, 1908) at the Assicurazioni Generali office in Prague.
References [edit]
- ^ a b c d e "Annual Report 2012". Generali.
- ^ "Assicurazioni Generali SpA Company Profile". Yahoo! Finance. Archived from the original on 5 March 2007. Retrieved 2007-03-29.
- ^ "Company References." Assicurazioni Generali. Retrieved on 8 July 2010.
- ^ "Shareholder structure". Assicurazioni Generali. Archived from the original on 5 December 2010. Retrieved 11 December 2010.
External links [edit]
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Wikimedia Commons has media related to: Assicurazioni Generali |
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