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Bank of America Merrill Lynch are suggesting that Generali may consider selling its books in Austria, Holland, and Switzerland-worth around E2.933bn-which would raise its solvency ratio to 156.
New chief executive Mario Greco said in presenting the interim results that the insurer would revise its strategy, business portfolio, and organisational structure in order to increase profitability and capital adequacy, reports ADP Italy News. |
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| Pensions Consultant with insurance se... | ||
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