Assicurazioni Generali
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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), Giovanni Perissinotto (CEO and GM), Sergio Balbinot (GM), Raffaele Agrusti (CFO and GM) |
| Products | Insurance, banking, investment management |
| Revenue | €90.78 billion (2010)[1] |
| Profit | €1.702 billion (2010)[1] |
| Total assets | €422.44 billion (end 2010)[1] |
| Total equity | €20.06 billion (end 2010)[1] |
| Employees | 85,370 (end 2010)[1] |
| Subsidiaries | Genertel, Alleanza Toro, Ina Assitalia, Europ Assistance Group, Migdal |
| 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, and the company grew in importance, becoming one of the largest insurance operators both in Italy and in the Central Europe.
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[edit] Operations
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, Israel, Japan, China and Bosnia and Herzegovina, with secondary operations in Latin America, for example, in Panama.
On Jerusalem's Jaffa Road the "Generali Building" (בנין ג'נרלי), built by the Italian company in 1935, is still known by that name though already for decades the company has no connection with it any more. It is a famous Jerusalem landmark, especially due to a large and well-preserved Assicurazioni Generali winged lion still seen 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, and Genertel.
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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]
[edit] Famous workers
- Franz Kafka worked for nearly a year (between November 1, 1907 and July 15, 1908) at the Assicurazioni Generali in Prague.
[edit] References
- ^ a b c d e "Annual Report 2010". Generali. http://www.generali.com/232847/Rel-ann-2010-ENG-BC-CGov.pdf. Retrieved 9 April 2011.
- ^ "Assicurazioni Generali SpA Company Profile". Yahoo! Finance. http://biz.yahoo.com/ic/92/92288.html. Retrieved 2007-03-29.
- ^ "Company References." Assicurazioni Generali. Retrieved on 8 July 2010.
- ^ "Shareholder structure". Assicurazioni Generali. http://www.generali.com/Generali-Group/Investor-Relations/shareholder-structure/. Retrieved 11 December 2010.
[edit] External links
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