Italian Insurer Looks at VTB as Partner in Expansion Plan

Assicurazioni Generali chief executive Giovanni Perissinotto said Europe’s third-largest insurer aims to find a financial partner in Russia and is considering a venture with VTB Group. “One of the options is to sign a partnership with VTB,” Perissinotto said in an interview in Milan. There are discussions about creating a venture to distribute Generali’s products in Russia, he said on a conference call with analysts Friday. Generali, which gets […]