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  1. Home
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  3. Generali Asia
  4. Our Markets in Asia

Our Markets in Asia

Discover our key Asian markets: Mainland China, Hong Kong S.A.R, India, Indonesia, Malaysia, Philippines, Thailand and Vietnam.

 

Mainland China

In mainland China, Generali operates in partnership with China National Petroleum Corporation (CNPC) through Generali China Life Insurance Co. Ltd. (GCL) and Generali China Insurance Co Ltd. (GCI).

  • Founded in 2002, Generali China Life (GCL) was the first Sino-foreign joint-ventured insurer approved by the Chinese Government for operation after China joined the World Trade Organization (WTO). GCL combines international insurance expertise and experience with the Chinese market to provide tailor-made insurance products to meet client’s needs, including life insurance, accident insurance, health insurance, investment insurance and a group employee benefits program. These innovative products can be freely combined to provide comprehensive protection with flexible premium options for customers.
  • Generali China Insurance (GCI) was established in Beijing in 2007. GCI has developed various property & casualty insurance products. GCI also has a highly specialized workforce that provides quality insurance products and services to both corporate and individual customers. The company follows a bi-model strategy to develop both commercial and consumer segment businesses, with the goal of making the company a preferred insurer among target segments, providing better customer experiences and reaching sustainable profitable growth in China.

Company website – GCL: www.generalichina.com/
Company website – GCI: www.generali-china.cn/

  • Generali Insurance Agency Company Limited (GIAC), a wholly-owned member company in mainland China, was established in September 2016. GIAC is the first overseas wholly-owned insurance agency company granted permission to operate in China, providing comprehensive life and non-life insurance solutions.
    GIAC provides tailor-made insurance products that meet the specific demands of their customers. GIAC strives to listen to its customers, understand their challenges and recommend products that suit their needs. By leveraging both global and domestic expertise, GIAC is now breaking new ground in the Chinese market.
    GIAC plans to expand to other parts of the country. GIAC has liaised with dozens of insurance companies to form a large network that provides clients with a wide range of product choices. GIAC also offers services through a digital channel for its customers.

Company website: www.generaliagency.cn

Hong Kong S.A.R

Generali Hong Kong (officially located in the Hong Kong Special Administrative Region (S.A.R.) of the People's Republic of China) has been providing comprehensive insurance and investment protection to individuals and organisations since the 1970s. Over the years, we have come to understand the individual requirements of our customers and are continuously adapting and innovating to meet their changing needs in different life stages.

For more than 40 years, Generali has enabled people in Hong Kong to shape a safer future by caring for their lives and dreams. It has an extended distribution network of over 300 brokers and intermediaries working together to deliver best-in-class insurance products to individuals and corporate customers through quality service.

Today, Generali Hong Kong offers a wide range of insurance solutions from life and general protection to sophisticated wealth management and financial management products designed to preserve generational wealth and enhance investment portfolios, providing peace of mind for retail, SMEs and corporate customers in Hong Kong.

Company website: www.generali.com.hk

India

Future Generali is a joint venture combining the unique strengths of Future Group, a leading India retailer, and Generali Group. The company is headquartered in Mumbai and operates over 230 offices across India, providing comprehensive life and general insurance solutions through Future Generali India Life Insurance Co. Ltd. and Future Generali India Insurance Co. Ltd.

Future Generali India Life Insurance company limited (FGIL) is a three-party joint venture between Generali Group, Future Group and the Industrial Investment Trust Limited (IITL) – a leading investment company.

FGIL was incorporated in October 2006 with the objective of providing a complete range of simplified life insurance solutions for the financial security of its customers and enterprises to help them manage and mitigate risks. Its mission is to be the first choice by delivering relevant and accessible insurance solutions. With operations spread across 117 branches*, the Company has a comprehensive product portfolio including plans for term, children’s education, health, retirement and investment.

Future Generali India Insurance company limited (FGII) is the general insurance arm of the joint venture between Future Group and Generali Group. The company was incorporated in September 2007 with the objective of providing retail, commercial, personal and rural insurance solutions to individuals and corporates to help them manage and mitigate risks.

Future Generali India draws upon Generali Group and Future Group’s global insurance expertise in diverse classes of products. Having firmly established its credentials in this segment and effectively leveraged the strengths of both its JV partners, Future Generali India has evolved to become a Total Insurance Solutions Company.

*as of March 31,2019

Company website Life: https://life.futuregenerali.in/
Company website P&C: https://general.futuregenerali.in/

Indonesia

PT Asuransi Jiwa Generali Indonesia was established in 2009 and provides a range of innovative and comprehensive group and individual life insurance solutions for Indonesian customers. It is also developing a growing insurance investment segment that provides services such as pension fund management.

PT Asuransi Jiwa Generali Indonesia is pioneering innovation in the unit link market with ROBO ARMS. This product manages unit link investment risks automatically against market dynamics for long term protection. PT Asuransi Jiwa Generali Indonesia is a life insurance company that is registered and supervised by Otoritas Jasa Keuangan (OJK)

Company website: https://www.generali.co.id/

Malaysia

On 30th August, 2022, Generali completed the acquisition of the majority stakes in the AXA-Affin joint ventures in Malaysia 

On the same day, it also completed the acquisition of the remaining 51% shares in MPI-Generali, previously held by its Malaysian joint venture partner, Multi-Purpose Capital Holdings Berhad (MPHB Capital). 

Each entity is now either wholly owned (in the case of MPI-Generali) or majority owned (in the case of Axa Affin Life insurance and Axa Affin General Insurance) by Generali Group.

All entities will continue to operate under their current brands until the single unified brand “Generali Malaysia” is launched in early 2023. 

The acquisitions position Generali as one of the leading insurers in the Malaysian market and will allow Generali first time access to the country’s Life insurance segment. Generali has also entered into an exclusive bancassurance agreement with Affin Bank for the sale of conventional General and Life insurance products.

Philippines

Generali Life Assurance Philippines, Inc. (GLAPI) provides Generali group life and health insurance solutions to corporations as well as small and medium enterprises. GLAPI has an extensive network of medical providers nationwide as well as accessible digital platforms to provide ease of access to the company’s services.

GLAPI is undergoing further expansion of their product portfolio to meet the needs of the Philippine market. GLAPI’s Head Office is strategically located in Makati CBD and its regional office is situated in Cebu City.

Company website: https://www.generali.com.ph/

Thailand

Generali Life Assurance (Thailand) plc. and Generali Insurance (Thailand) plc., were founded in September 2002. Generali Thailand offers a wide range of insurance solutions for individuals and corporates. As one of the largest global insurance providers with world class service, Generali Thailand enables their customers to shape a safer future.

Generali Thailand’s headquarters are located at CRC Tower, Bangkok at CRC Tower and it has offices in Sahorn Thani, Southern ‘Hatyai’, and Northeastern ‘Khonkaen’. There are also 43 Generali Agency Offices across the country, so the company can serve its customers in Thailand, wherever they are.

Company website: https://generali.co.th/en/

Vietnam

Generali Vietnam Life Insurance Co., Ltd. (Generali Vietnam) was established in April 2011. The company offers quality insurance products through a nationwide network of over 60 GenCasa (agency offices) and customer service centres, serving approximately 200,000 clients including individuals and insured members of domestic and foreign businesses in Vietnam.

Generali Vietnam commits to bringing world class service insurance through an innovative product offering, a wide distribution network and outstanding customer experience. Generali Vietnam takes pride in having a strong focus on customer experience and has won a number of accolades over the years, such as the 2017 & 2018 Best Customer Service award, and 2018 Most innovation insurance company award by International Finance Magazine, 2017 Excellent Brand award by Vietnam Enterprise Development Science Union, and “Best Customer Centric Company” (2018) by Vietnam Economic Times.

Company website: www.generali-life.com.vn/home/

Generali Asia

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