Generali Life Assurance Philippines Blog
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Learn how Insurance companies are embracing digital transformation and it's implications for general consumers. Stay informed up-to-the-minute with Insurance news headlines, major happenings and more across the Philippines via Generali Life Assurance Philippines's Blog.
Generali Life Assurance Philippines Blog
3w ago
Featuring Tracey Snelling’s compelling installations, this exhibit at The Human Safety Net’s venue in Venice explores personal and communal identities through everyday spaces, complementing the ongoing ‘A World of Potential’ exhibition.
From 13 April 2024 to 28 April 2025, the original art project complementing ‘A World of Potential’
An investigation of the human condition through living spaces seen as an expression of a person’s identity within the community
Venice – The spaces we inhabit speak about us, our stories, experiences, and our sense of community. This is the concept behind “About ..read more
Generali Life Assurance Philippines Blog
2M ago
FINANCIAL INFORMATION AS OF 30 DECEMBER 2023
Gross written premiums increased to € 82.5 billion (+5.6%), driven by significant P&C growth (+12.0%). Life net inflows entirely focused on unit-linked and protection, consistent with the Group’s strategy
Record operating result at € 6.9 billion (+7.9%), thanks to positive contribution from all segments, led by P&C. The Combined Ratio improved to 94.0% (-1.4 p.p.). Excellent New Business Margin at 5.78% (+0.09 p.p.)
Record adjusted net result2 at € 3,575 million (+14.1%)
Solid capital position, with the Solvency Ratio at 220% (221% FY2022 ..read more
Generali Life Assurance Philippines Blog
2M ago
Generali and UNDP Unite Key Stakeholders to Enhance SME Resilience Against Climate Change and Risks
Launch of joint research on MSME resilience in Southeast Asia, and a focus on Malaysia and Thailand, detailing key risks and alternative approaches to insurance
Presentation of the SME Loss Prevention Framework, a digital tool for Malaysian SMEs to better understand and manage growing climate and weather-related risks
Showcasing Insurance Innovation Challenge Fund Malaysia solutions for protecting SMEs in the country
Generali also expands its flagship SME EnterPRIZE project to Asia
Kuala Lumpu ..read more
Generali Life Assurance Philippines Blog
6M ago
FINANCIAL INFORMATION AT 30 SEPTEMBER 2023
Gross written premiums increased to € 60.5 billion (+4.7%), driven by strong P&C growth (+11.4%). Life net inflows were entirely focused on unit-linked and protection, consistent with the Group’s strategy
Continued growth in operating result to € 5.1 billion (+16.7%), led by P&C segment, offsetting impact from natural catastrophes. The Combined Ratio improved to 94.3% (-3.1p.p.). Solid Life segment performance and excellent New Business Margin at 5.74% (+0.04 p.p.)
Ongoing growth in adjusted net result2 rising to € 2,979 million (+29.6%)
Soli ..read more
Generali Life Assurance Philippines Blog
9M ago
Generali Philippines’ Executives meet the newly appointed Insurance Commissioner.
[Manila, 08/11/2023] – Generali Philippines, one of the leading players in the insurance industry, arranged a courtesy visit to meet with the newly appointed Insurance Commissioner, Atty. Reynaldo Averilla Regalado. The meeting occurred at the Insurance Commission Office last August 8, 2023, aiming to align the plans of Generali Philippines with the goals of the Insurance Commission.
The visit was led by Generali Philippines’ new Chief Executive Officer, Dr. Hak Hong Soo, who a ..read more
Generali Life Assurance Philippines Blog
9M ago
Consolidated Results as of 30 June 2023
Generali achieves excellent growth in operating result and earnings. Extremely solid capital position
The 2023 half-year financial results highlight the excellent performance of the Group and enable Generali to confirm all the targets of the ‘Lifetime Partner 24: Driving Growth’ strategic plan, which is now halfway through its implementation.
Gross written premiums increased to € 42.2 billion (+3.6%), driven by significant P&C growth (+10.6%). Life net inflows were entirely focused on unit-linked and protection, consistent with the Group’s str ..read more
Generali Life Assurance Philippines Blog
10M ago
Dr. Hak Hong SooPresident and Chief Executive Officer – Generali Philippines
Makati City – Generali Life Assurance Philippines, Inc. (Generali Philippines) is pleased to announce the appointment of Dr. Hak Hong Soo as President and Chief Executive Officer.
Prior to his appointment as CEO of Generali Philippines, he was the Regional Head of Health and an Executive Member of the International – Asia Regional Office. In this capacity, Dr. Soo led the International – Asia Business Unit in strengthening the regional health business and accelerating the firm’s business transformation agenda. He also ..read more
Generali Life Assurance Philippines Blog
10M ago
Insurance firm Generali Philippines partners with Insurtech Gigacover to provide a wide-range of insurance products that are tailor-fit to the needs of Filipino consumers on Gigacover’s platform.
“Gigacover and Generali share the same vision and strategy of leveraging technology and making insurance more accessible to many people and varied industries. In an ever-changing world, the means to get insured also evolves. We will rely on our core strengths – Generali as a trusted, global insurance provider and Gigacover as a transformative platform – to provide Filipinos a more seamless and innovat ..read more
Generali Life Assurance Philippines Blog
10M ago
Financial information at 31 March 2023
Generali delivers strong profitable growth and confirms its extremely solid capital position
The strong profitable growth delivered in the first quarter confirms that Generali remains fully on-track to meet the targets of the ‘Lifetime Partner 24: Driving Growth’ strategy. The performance of the P&C segment reflects the focus on technical excellence, while in the Life segment the Group continues to rebalance the business mix towards more profitable lines, even in a challenging environment. Generali also confirms its extremely solid solvency position ..read more
Generali Life Assurance Philippines Blog
10M ago
The Human Safety Net, Generali, its people, its customers together with UNHCR and UNICEF are acting together as a chain of people helping people to deploy concrete help and support for Ukrainian refugees.
The conflict in Ukraine continues to take a ever-larger toll on the country’s population. UNHCR, the UN Refugee Agency, reports that since 24 February 2022, more than 5 million refugees have fled Ukraine, making this the fastest-growing refugee crisis since World War II.
Although starting as an emergency crisis asking for urgent help, it is now becoming clear that Ukrainian refugees wil ..read more