Published by Global Banking & Finance Review®
Posted on March 13, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleGenerali's CEO considers buying more Italian bonds amid a government review of an asset management deal, citing market and portfolio growth.
MILAN (Reuters) - Generali is considering increasing its purchases of Italian government bonds, its CEO said on Thursday, as the government reviews a landmark asset management deal which has raised concerns in Rome.
Generali held 35.6 billion euros in Italian government bonds at the end of 2024, assets which it uses to offset liabilities in its life insurance business.
"Market developments on one side and significant growth in the life portfolio, with positive net inflows, on the other, make it natural to consider increasing BTP bond purchases," CEO Philippe Donnet told a press conference.
Donnet also said that the government's review of Generali's deal to combine its asset management business with BPCE-owned Natixis Investment Managers provided an opportunity to address any concerns about the transaction.
(Reporting by Gianluca Semeraro; Writing by Valentina Za; editing by Giulia Segreti)
The main topic is Generali's consideration to increase its purchases of Italian government bonds amid a government review of an asset management deal.
Generali is considering more bond purchases due to market developments and significant growth in its life insurance portfolio.
The government is reviewing Generali's asset management deal with Natixis, which has raised concerns in Rome.
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