13th December 2018


Generali Grows Omnipresent in the European Asset Management Sector

Driven by organic projection and acquisition, the Italian insurer wants to leave a long-lasting footprint.

With an immensely ambitious plan to develop its European assets within three years, Italy-based insurance group Generali wants to invest approximately €4 billion in the regional retail and insurance sector, effort that is intended to strengthen their leadership in the continent, by reaching new frontiers in key markets while developing a global network around premium management.

A recent acquisition of Sycomore Asset Management, sustainable investments seem to be the clear point of focus for Generali’s executive board, where digital advancements and aggressive innovation play a pivotal role. With eyes on France, Italy and Germany, new ventures are about to start, but it is important to know that Latin America and Asia are among the most promising markets in their outline.

“We will continue to focus on generating and managing capital to fund growth opportunities in key markets.” Said Generali CEO Philippe Donnet.

The whole strategy is projected to have an average 7 percent earnings per share between 2019 and 2021, right now the firm is accustomed to have a 4 percent earnings per share since 2016.

Fast Facts

  • The official name is Assicurazioni Generali S.p.A.
  • In 2010, Generali was the second largest insurance group worldwide.
  • It was founded in 1831, 187 years ago.
  • Net income for 2017 was €2.1 billion.
  • Total assets of €542 billion.
  • Recently acquired CMISL (CM Investment Solutions).

Generali is also behind the 90 percent purchase of Valeur Fiduciaria, a wealth management conglomerate operating in Switzerland. The real persuasive factor was their business model in which protection of wealth is priority between a strong set of investment solutions at a global scale, also backed by technological integration.