Generali Global will stop writing non-life commercial treaty reinsurance from July 1.
David Dunnett, head of communications at the Italy-based company, said: “Non-life commercial treaty reinsurance is one particular strand of business we have decided to discontinue. It was a commercial decision.”
Generali Global Group's consolidated premium income for the first quarter of this year is £7,507,110 and its net profit is £211,705,824.
Dunnett said non-life commercial treaty accounted for a “pretty small” part of its business.
The company employs around 200 staff in London. Dunnett said it was too early to comment on whether the withdrawal would lead to any job losses in the UK but added that any changes would be “minimal”.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
