page_title: Assicurazioni Generali
section_title: Operations
hierarchical_section_title: Assicurazioni Generali / Operations
caption_attribution_description: English: France men's national volleyball team, press conference before the FIVB Volleyball Men's World Championship, 26 August 2014. Français: Équipe de France de volley-ball lors de la conférence de presse à l'INSEP avant les Championnat du monde de volley-ball masculin 2014.
context_page_description: Assicurazioni Generali S.p.A. or simply Generali Group is an Italian insurance company, the largest in Italy and third in the world. It has its headquarters in Trieste. In 2010, Assicurazioni Generali Group was the second largest insurance group in the world by revenue after AXA.
  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 Austrian Empire. The company grew in importance, becoming one of the largest insurance operators both in Italy and in Central Europe. As of 2017, the company ranks 57th on the Fortune Global 500 list of companies and 43rd on MITs worldwide "Smartest Companies" ranking in 2015.
  Generali’s major competitors at international level are AXA, Allianz and Zurich. Besides them, there are companies competing at local and regional level in various countries and markets.
context_section_description: Today Generali operates primarily in Europe, Middle East and East Asia, with large market shares in Italy, Poland, Hungary, Germany (under the name of Generali Deutschland), France, Austria, Slovenia, The Netherlands, Croatia, Serbia (Generali Osiguranje), Spain, Switzerland, Romania, Israel, Japan, China and Bosnia and Herzegovina, with secondary operations in Latin America. Generali's United States operations are concentrated in financial products management, a result of the group's acquisition of Business Men's Assurance Company of America (BMA) in 1990 and travel insurance products as part of the Europ Assistance Group. In 2002, Generali sold BMA's life insurance arm to the Royal Bank of Canada. In 2013, Generali sold its US reinsurance arm to Scor.
  On Jerusalem's Jaffa Road, the Generali Building (בניין ג'נרלי), built by the company in 1935, is still known by that name although the company operated its Jerusalem branch in the building only from 1935 to 1946. The Generali Building is still owned by the Italian insurance firm through its local representative, the Migdal Insurance Company. The building currently houses various government offices, including the Jerusalem District Administration, the Ministry of Interior, the Department of Immigration and Population Registry, and the Internal Auditing Office. It is a famous Jerusalem landmark, due to the large and well-preserved stone statue of a winged lion on its roof; this is the Lion of Saint Mark, patron saint of Venice, and the symbol of the Generali insurance company which appears on all of its branches worldwide since 1848.
  In India the company is represented by Future Generali, a joint venture of Future group and Assicurazioni Generali. It provides both life and property/casualty insurance. The Non-Life business is known as Future Generali India Insurance Company Limited. The Life business is known as Future Generali India Life Insurance Company Limited.
  Main Subsidiaries of the group includes, in Italy: Genertellife, Alleanza Assicurazioni, Generali Italia and Banca Generali.
  In France: Europ Assistance
caption: France men's national volleyball team in World Championship 2014
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