Generali, BFF Bank and France’s BPCE have progressed to the next stage of the bidding process to acquire GamaLife from Apax Partners, reported Reuters, citing two familiar sources. Apax Partners is aiming for a valuation close to €600m for the European life insurance consolidator. Buy-out group Apax Partners expects to receive binding offers in the coming weeks, with the goal of reaching an agreement in early 2026, the sources said. BFF, BPCE and Generali declined to provide comments, reported Reuters. ...

Alleanza Assicurazioni and Banca Generali have joined forces to enhance their offerings using 'insurbanking' solutions. The alliance aims to merge Alleanza's distribution network with Banca Generali's private banking and investment expertise. It will utilise Alleanza's network of 10,000 insurance advisors and 2,700 registered financial advisors to assist families with risk protection, savings management and investment diversification. With the partnership in place, Alleanza aims to grow its market prese ...