Assicurazioni Generali S.p.A. is the largest insurance company in Italy and one of the largest in Europe. It has its headquarters in Trieste

Trieste

Trieste is a city and seaport in northeastern Italy. It is situated towards the end of a narrow strip of land lying between the Adriatic Sea and Italy's border with Slovenia, which lies almost immediately south and east of the city...

. In 2010, Assicurazioni Generali Group was the second largest insurance group in the world by revenue after AXA

AXA

AXA S.A. is a French global insurance group headquartered in the 8th arrondissement of Paris. AXA is a conglomerate of independently run businesses, operated according to the laws and regulations of many different countries. The AXA group of companies engage in life, health and other forms of...

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Under the name of Imperial Regia Privilegiata Compagnia di Assicurazioni Generali Austro-Italiche, the company was founded on December 26, 1831. At the time, Trieste was the most important sea port of the Austro-Hungarian Empire, and the company grew in importance, becoming one of the largest insurance operators both in Italy and in the Central Europe.

Operations

Today, Generali operates primarily in Europe, Middle East and East Asia, with large market shares in Italy, Poland, Germany (under the name of Generali Deutschland), France, Austria, Slovenia, Croatia, Serbia, Spain, Switzerland, Israel, Japan, China and Bosnia and Herzegovina, with secondary operations in Latin America, for example, in Panama.

On Jerusalem's Jaffa Road

Jaffa Road

Jaffa Road is one of the longest and oldest streets in Jerusalem. It crosses the city from east to west, from the Old City walls to downtown Jerusalem, the western portal of Jerusalem and the Jerusalem-Tel Aviv highway. It is lined with shops, businesses and restaurants...

 the "Generali Building" (בנין ג'נרלי), built by the Italian company in 1935, is still known by that name though already for decades the company has no connection with it any more. It is a famous Jerusalem landmark, especially due to a large and well-preserved Assicurazioni Generali winged lion still seen on its roof (:he:בניין ג'נרלי).

In Serbia the company operates under the name Delta Generali - a joint venture of Assicurazioni Generali and Serbian Delta Holding

Delta Holding

Delta Holding is the third largest company in Serbia. The company was founded in Belgrade. Delta Holding performs a variety of services, such as import-export,real-estate , banking, insurance, retail, wholesale, etc. The president is Miroslav Mišković...

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In India the company is represented by Future Generali, a joint venture of Future group and Assicurazioni Generali.

Subsidiaries

Subsidiary

A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...

 of the group includes, in Italy: INA Assitalia, Fata Assicurazioni, Alleanza - Toro, Europ-Assistance, and Genertel.

Shareholder structure

As of 7 December 2010, Assicurazioni Generali's largest shareholder was Mediobanca

Mediobanca

Mediobanca is an Italian investment bank founded in 1946 at the initiative of Raffaele Mattioli and Enrico Cuccia to facilitate the post-World War II reconstruction of Italian industry.Enrico Cuccia led Mediobanca from 1946 to 1982...

 with 13.47%. Other declared shareholdings at this date were Banca d'Italia

Banca d'Italia

Banca d'Italia is the central bank of Italy and part of the European System of Central Banks. It is located in Palazzo Koch, Roma, via Nazionale...

 (4.49%), BlackRock

BlackRock

BlackRock, Inc. is an American multinational investment management corporation and the world's largest asset manager. BlackRock is headquartered in Manhattan, New York City, New York, United States and is the leading provider of investment, advisory, and risk management solutions...

 (2.82%), B&D Holding di Marco Drago & C. (2.43%), Effeti (2.27%), Caltagirone Group (2.20%) and Petr Kellner

Petr Kellner

Petr Kellner is a Czech businessman. He is estimated to have a net worth of US$ 9.2 billion according to Forbes' latest annual list of billionaires, making him the wealthiest man in the Czech Republic. However, Czech economic media estimates are considerably lower, CZK 60 – 75 billion...

 (2.02%).

Famous workers

• Franz Kafka
  Franz Kafka
  Franz Kafka was a culturally influential German-language author of short stories and novels. Contemporary critics and academics, including Vladimir Nabokov, regard Kafka as one of the best writers of the 20th century...
  
   worked for nearly a year (between November 1, 1907 and July 15, 1908) at the Assicurazioni Generali in Prague
  Prague
  Prague is the capital and largest city of the Czech Republic. Situated in the north-west of the country on the Vltava river, the city is home to about 1.3 million people, while its metropolitan area is estimated to have a population of over 2.3 million...
  
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External links