In a move to sharpen its focus on its core markets, Liberty Mutual Insurance has announced the sale of its personal and small business operations in Western Europe to Generali Group for €2.3 billion. The deal, which is subject to regulatory approval, includes Liberty Seguros’ operations in Ireland, Northern Ireland, Portugal, and Spain. Liberty Mutual’s…
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OIC acquires life insurance portfolio in UAE from Generali
DUBAI, UAE: Oman Insurance Company (OIC) has acquired UAE Life insurance portfolio from Assicurazioni Generali S.p.A. The agreement, signed on February 23rd, 2022, reflects the long-term partnership between the two players and is in line with Generali’s overall strategy to rationalize its business model in UAE by strengthening its ecosystem of partnership proposition. The transfer…
Sanofi, Capgemini, Generali and Orange to create e-health digital ecosystem
PARIS: Sanofi, Capgemini, Generali and Orange are forming a joint venture in France to fast-track the development of concrete healthcare solutions and to make them available to the market for the benefit of patients, a news release said. The project, on a scale that is unique in Europe, will bring together leading scientific and technological…