Significant events after 31 December 2018 and 2019 corporate event calendar


Sale of Generali Belgium, launched in April 2018, completed; however, the Group remains present in Belgium through its Global Business Lines, continuing to provide insurance and assistance solutions.

AM BEST confirmed its Financial Strength Rating (FSR) of A (Excellent) and raised Generali’s Long-Term Issuer Credit Rating (ICR) from “a” to “a+”. The Long-Term ICR outlook was modified from positive to stable, while the FSR outlook is stable.

A € 500 million subordinated bond issue was successfully placed with institutional investors, for the partial refinancing of € 750 million in subordinated debt of the Group, with the first call date in 2019. The issue received orders from roughly 450 investors for a total in excess of € 6.5 billion, 13 times the amount offered. The rating agencies Fitch, Moody’s and AM Best rated that issue “BBB”, “Baa3” (hyb) and “a-”, respectively.

Option of early redemption announced on all perpetual subordinated notes outstanding belonging to ISINs XS0415966786 and XS0416148202, to be exercised in March. The exercise of this option was authorized by the Italian insurance regulatory agency (IVASS) and will take place with respect to all notes outstanding, in compliance with the respective terms and conditions.

Europ Assistance acquired Trip Mate, the leading company in the market of travel insurance for tour operators in the United States.

Closed the acquisition of the majority stake in Sycomore Factory SAS, started in September. The strategic partnership, that is another step forward in the execution of Generali’s asset management strategy, will allow to enrich the offering with innovative investment solutions and to strengthen focus and capabilities on sustainability and responsible investments for clients.

Following an agreement signed in July 2018, closed the sale of the entire shareholding in Generali Worldwide Insurance Company Limited, that has its headquarters in Guernsey and specializes in offering Life-insurance-based wealth management and employee benefit solutions to a global audience, and in Generali Link, an Irish company providing shared services in fund and policy administration. However, Generali Worldwide will continue to act as the partner of the employee benefits network of Generali and the latter will manage its health portfolio in the Caribbean, as to maintain its presence in the region with the aim to further reinforce it in line with its strategy of sustainable growth and excellence in service.

Announced the launch of Axis Retail Partners, a new real estate boutique focusing on shopping centre investments. The partnership is in line with Generali’s strategy to further increase its exposure to real estate, where it is already one of the world’s leading investors through Generali Real Estate.

13 March 2019 
Board of Directors
Approval of the Annual Integrated Report and Consolidated Financial Statements, the Parent Company Financial Statements Proposal and the Corporate Governance and Share Ownership Report at 31 December 2018 and the Remuneration Report

14 March 2019
Publication of the results
at 31 December 2018

7 May 2019
Shareholders’ Meeting
Approval of the Parent Company Financial Statements at 31 December 2018 and the Remuneration policy as well as the other agenda items

15 May 2019
Board of Directors
Approval of the Financial Information at 31 March 2019

16 May 2019
Publication of the results
at 31 March 2019

22 May 2019
Dividend pay-out
on the share of Assicurazioni Generali

24 May 2019
Exploring Generali Conference

31 July 2019
Board of Directors
Approval of the Consolidated Half-Yearly Financial Report at 30 June 2019

1 August 2019
Publication of the results
at 30 June 2019

6 November 2019
Board of Directors
Approval of the Financial Information at 30 September 2019

7 November 2019
Publication of the results
at 30 September 2019