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G Generali Ass

23.01
-0.19 (-0.82%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Generali Ass BIT:G Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.19 -0.82% 23.01 23.00 23.28 23.28 23.00 23.25 2,932,796 17:00:00

Assicurazioni Generali Subsidiary Buys US Company Trip Mate

05/02/2019 1:52pm

Dow Jones News


Generali (BIT:G)
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From May 2019 to May 2024

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   By Cristina Roca 
 

Assicurazioni Generali SpA (G.MI) said Tuesday that its subsidiary Europ Assistance has bought 100% of Trip Mate from Arthur J. Gallagher & Co. (AJG).

Trip Mate is a Kansas City, U.S.-based company that acts as an intermediary in the U.S. travel insurance market, the Italian insurer said.

Assicurazioni said the purchase puts Europ Assistance, which operates in the U.S. through its subsidiary Generali Global Assistance, among the top three travel-insurance providers in the U.S.

No financial details about the transaction were disclosed.

 

Write to Cristina Roca at cristina.roca@dowjones.com

 

(END) Dow Jones Newswires

February 05, 2019 08:37 ET (13:37 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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