Generali launches life company in Hong Kong.
Global Banking News-July 7, 2016--Generali launches life company in Hong Kong
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Global Banking News - 07 July 2016
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Italian insurance provider Generali (BIT.G) has said that it has launched a life company in Hong Kong.
The firm said that the new company would offer a range of life insurance and unit-linked products to high net worth individuals and the mass affluent.
The new firm is called Generali Life Hong Kong. In an interview with International Adviser, Generali Worldwide chief commercial officer, Nick Griffin, explained that the organisation's 'geographic footprint has become more refined. He said, 'We envisage Generali Worldwide becoming a more selective global player where deep market penetration, based on a local knowledge and presence, will be pursued.'
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