Generali Completes Sale of Belgium Unit to Bermuda Re/Insurance Group Athora

Article 0 Comments Assicurazioni Generali SpA announced the closing of the sale of its entire stake in Generali Belgium SA to Athora Holding Ltd. for approximately €540 million ($618.9 million). The deal was first announced on April 18, 2018. The company will be rebranded to Athora Belgium prior to the […]

Generali to Sell Belgian Operations to Athora Holding for $668.3M in Cash

Article 0 Comments Italy’s Generali has agreed to sell its Belgian operations to Athora Holding Ltd. for approximately €540 million ($668.3 million) in cash. The transaction is expected to close in the second half of 2018, subject to regulatory approvals. Generali Belgium S.A. provides insurance solutions to 420,000 retail and […]