Generali Is Said to Weigh Asset Management Tie-Up With Natixis

Assicurazioni Generali SpA is considering an asset management tie-up with Natixis Investment Managers, people with knowledge of the matter said.

The Italian insurer has held preliminary talks about combining asset management operations with Natixis, the people said, asking not to be identified because the information is private.

Bloomberg News first reported in December that Natixis’s owner, French financial group BPCE SA, was exploring strategic options for the asset management business. Generali oversaw about €843 billion ($887 billion) of assets at the end of September, while Natixis Investment Managers had $1.3 trillion under management at the end of June, according ...