Insurance Post

Generali on negative watch after CEO change

Mario Greco

Ratings agency Standard and Poor's has placed Italy's Generali on negative watch following the removal of Giovanni Perissinotto and his replacement with Zurich head of general insurance Mario Greco.

S&P said that the change had "created uncertainty surrounding Generali's future strategic direction and could impede its ability to respond quickly to its strategic challenges".

Generali and its core

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