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Generali: agents want to become shareholders

The Anagina association explained that the operation will concern both individual agents in their investment choices and their pension fund

Generali: agents want to become shareholders

The agents of Assicurazioni Generali who report to Anagina (and in all administer premiums for over four billion euros) announce their intention to invest "significantly" in the company's shares. The president of the association, Davide Nicolao – who will be confirmed in his office tomorrow for another mandate – explained that the operation will concern both the individual agents in their investment choices and their Anagina pension fund, which has assets of 100 million euros and could invest 20-25% in Generali shares.

The goal is "to strengthen the partnership between the company and its agents after the successful signing of the framework agreement on the single mandate and intends to confirm - underlined Nicolao - our confidence in the solidity of the Generali group as demonstrated by the results of the quarterly ”. 

The purchase programme, Nicolao specified, “is made possible thanks to the strength of Anagina which accounts for 46% of Generali's annual collection in Italy. This is thanks to its 379 Agents in the area who operate in 257 agencies with over 9.000 collaborators".

Speaking of his next years at the helm of Anagina, Nicolao underlined that the main objective will be to increasingly strengthen the role of the agent-entrepreneur, especially in the light of the formal recognition obtained in the very recent agreement on the single mandate.

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