Italian insurance company Assicurazioni Generali has ousted its chief executive.
The insurer said in a statement that its board of directors decided Saturday to terminate the employment contract of Giovanni Perissinotto.
Perissinotto has worked for Generali for more than 30 years. He was serving as general manager and Group CEO.
The company says Mario Greco, a top official with the Zurich Insurance Group, has been selected as Generali’s next general manager and Group CEO.
No date was given for Greco’s arrival.
Copyright 2026 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
Washington Wildfire Claims Near $1B as Research Reveals Home Vulnerabilities 
Supermarkets Across Europe Report New Suspected Freezer Hack 
Allstate’s AI Ecosystem to Include a Personal Agentic Assistant for Customers 
Manufacturers Hammer IBHS Over 15-Year Roof Age Limit for Fortified Designation 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.