Our business in Asia
Established in Italy in 1831, Generali is one of the largest insurance companies in the world. We first gained our foothold in Europe then followed with South America and Asia and have since been providing insurance services to corporates and individuals for 189 years.
With a solid European foundation, Generali first arrived in Asia in 1975. Today, you will find our offices in eight markets throughout the region that include: China, Hong Kong SAR, India, Indonesia, Malaysia, the Philippines, Thailand and Vietnam. Hong Kong SAR is also the home of our regional headquarters.
Asia has significant growth potential and is at the heart of the Generali’s global strategy. Therefore, we continuously invest in advancing our technology, our brand and our people, with the aim to offer individuals as well as SMEs and sizable corporations a comprehensive range of tailored insurance solutions, and to ultimately become their lifelong trusted partner.
A first relationship is established between Generali and Jardine Matheson & Co in Hong Kong
Official establishment of a Generali branch in Singapore under the name of “Far East Office”
Hong Kong branch is registered with the Insurance Authority
Set up Japan branch
Two joint venture companies are established in the Philippines (Life and P&C)
First Life Joint Venture is established in China with China National Petroleum Corporation (CNPC)
Generali enters the Thai insurance market through acquisition of two local companies (Life and P&C)
A P&C Joint Venture is established in China with CNPC
Two Joint Ventures are established in India - Life and P&C JVs with Future Group
We establish a Life insurance company in Indonesia
We establish a Life insurance company in Vietnam
We establish a branch of Generali Worldwide, formerly Generali International, (Wealth Management) in Singapore
We enter the Malaysia P&C market through the acquisition of Multi-Purpose insurans
We establish a wholly owned Life insurance subsidiary in Hong Kong with a focus on HNW
The joint venture with BDO in Philippines is terminated and relaunched with a converted P&C license to a Life license