GENERALI NEWS ♦ Generali Group: consolidated results at 30 June 2010 In a meeting chaired by Cesare Geronzi, the Board of Directors of Assicurazioni Generali, the consolidated results as at 30 June 2010 were approved in Milan on 5th August, 2010. In a first half affected by continuing economic uncertainty and high volatility on the financial marktes, the Generali Group confirmed the growth trend of recent quarters, closing the first six months of 2010 with significant growth in both production and net profit. Press release ♦ New underwriting AGM in Turkey Mr. Uğur Özer was appointed as underwriting AGM of Generali Sigorta A.Ş. on July 19th 2010. Mr. Özer, professionally qualified insurance supervisor with more than 18 years of experience, started his career in the insurance sector in 1991 when he joined the Insurance Supervisory Board (ISB) of the Turkish Undersecretariat of Treasury. Mr Özer also served as Deputy Chairman in the ISB between 1997 and 1999. Read More ♦ 2010 500 Fortune list: Generali first Italian Company  8 July 2010. Fortune Magazine published its annual Global 500 list, based on 2009 revenues data. This year Generali advanced to the 19th position (in 2009 it ranked 47th) gaining the first place among the eleven Italian companies listed in the ranking. Thanks to the brilliant outcomes recorded, Generali had a better placement than ENI (24td) and FIAT. On an industry basis, Generali is world’s second insurance company. Italy’s biggest insurance company has been busy; it restructured, expanded and went after the competition. Generali bought insurance companies in Germany and Spain, cut an investment deal with a major Italian bank, set up an asset management company in Luxembourg and even opened an office in Vietnam. While Generali certainly looked good last year (its earnings were the second highest in the industry), analysts say its stock has been underperforming by 15% this year, partly because of the Greek debt crisis. ♦ Generali Sigorta and its contribution to the FIBA games The 2010 World Basketball Championship will take place in four Turkish cities (Ankara, Kayseri, Izmir and Istanbul) between August 28th – September 12th. The FIBA World Championship is played every four years and determines the best nation in this discipline worldwide. Within this framework, Generali Sigorta arranged a barter with FIBA: it issued 1.700 personal accident covers for the staff involved in the organization of this event and gained the right to display its logo and broadcast its advertisement clip in two tournaments, the international Turgut Atakol youth tournament which took place at the Ankara Sports Hall between 22-26 June 2010 and the prep games which will be joined by Iran, Serbia, New Zeland and Turkye at the Istanbul Sinan Erdem Dome between 4-6 August 2010.  Read More ♦ Generali Sigorta partecipated to the Istanbul Corporate Games The Istanbul Corporate Games were organized in Istanbul between 4-6 June 2010. This event has taken place in Turkey for the second time since 2008. This year the Games were joined by 101 companies and nearly 3.400 athletes.   Read More ♦ Sergio Balbinot, Generali MD, to become President of CEA from 2011 DJ Generali's Balbinot To Be Chairman Of CEA From 2011 MILAN (Dow Jones)--Assicurazioni Generali SpA (G.MI) managing director Sergio Balbinot will be chairman of European insurance and reinsurance federation CEA from 2011, after serving as vice-president for a year, the Brussels-based association said Wednesday in an emailed statement. Balbinot, who will keep his role at Generali, said in the statement that the economic crisis "triggered a wave of regulatory reaction to which the insurance sector must respond comprehensively." The European Central Bank said earlier in June that the introduction of new risk-based capital rules for the insurance sector, known as Solvency II, from the beginning of 2013 may lead to changes in insurers' capital structure. Generali is Europe's No. 3 insurer by market capitalization after Germany's Allianz SE (AZ) and France's AXA SA (AXA). Press Release | 
