|Bid||16.80 x 0|
|Ask||16.90 x 0|
|Day's range||16.67 - 16.89|
|52-week range||11.18 - 17.92|
|Beta (5Y monthly)||1.22|
|PE ratio (TTM)||15.39|
|Earnings date||03 Aug 2021|
|Forward dividend & yield||1.47 (8.74%)|
|Ex-dividend date||18 Oct 2021|
|1y target est||16.43|
MILAN (Reuters) -Shareholders representing about 16% of Generali are ready to ask the chief executive not to present a 2022-2024 business plan, a move that would challenge the insurer's leadership, daily La Repubblica reported on Thursday. Generali's CEO Philippe Donnet, whose mandate comes to an end in spring next year, is due to present a new business plan in December. Italian businessmen Francesco Gaetano Caltagirone and Leonardo Del Vecchio, together with Edizione, the holding company of the powerful Benetton family, and banking foundation Fondazione CRT, are preparing to ask Donnet not to submit his new strategic plan, the paper said.
Italy's top insurer Generali is considering hybrid working - with staff spending time in the office as well working from home - in the post-pandemic era, its chief executive said on Thursday. Before the COVID-19 outbreak, Generali only allowed employees of some of its units to work remotely a few days a week. The executive said Generali had started discussions on the matter with unions.
Italy's top insurer Generali has agreed to buy Axa's insurance assets in Malaysia and take full ownership of a joint-venture it runs in the country to strengthen its local presence. The deals will turn Generali into the second-biggest player in Malaysia's Property and Casualty (P&C) insurance market while also allowing the company to enter the local life insurance sector, it said on Tuesday. The sale is part of French insurer Axa's efforts to streamline its business in a restructuring launched by Chief Executive Thomas Buberl, a process which includes selling assets in some countries and markets to boost returns.