European Insurers Will Be Slower Than Banks to Consolidate, Generali Executive Says - WSJ
1. Europe's insurance industry is expected to consolidate slowly over time. 2. Generali is actively involved in M&A activities, including acquiring Liberty Seguros. 3. Weaker insurers may become takeover targets in challenging environments. 4. Smaller insurers face risks from diminishing agent networks and variable costs. 5. Generali is expanding asset management despite challenges in the industry.