Generali Said to Weigh Big Insurance Deals in CEO’s Growth Push

Assicurazioni Generali SpA is analyzing a range of potential takeover candidates as part of the insurer’s growth plans, with some of them worth more than €10 billion ($10.9 billion), according to people familiar with the matter.

The Italian insurer would only consider friendly deals and on its wish list are more than half-a-dozen firms, including large ones such as Aviva Plc and smaller rivals like Uniqa Insurance Group, the people said, asking for anonymity to discuss non-public information. Italy’s biggest insurer has for instance studied the possible merits of a deal with NN Group NV, a Dutch insurer ...