Generali boosts capital with sale of German unit

Louie Woodall
09 Jul 2018

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Generali’s sale of its German life insurance subsidiary, Generali Leben, will bolster the insurance group’s Solvency II ratios and reduce its interest rate risk exposure.

The Italian insurance giant agreed to sell its German life business to Viridium Gruppe on July 5 for €1 billion ($1.2 billion) and €882 million of hybrid loan repayments. Generali anticipates offloading the unit will increase the ratio of available funds to its Solvency II solvency capital requirement (SCR) at its German

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

Generali boosts capital with sale of German unit

To continue reading...

Sign In

Start a Risk.net Premium subscription

You are currently on corporate access.