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Milan
26 Gennaio 2016
(see previous). Milan, January 26 - Generali insurance CEO Mario Greco isn't open to renewing his mandate, but hasn't yet submitted a formal resignation letter, financial sources said Tuesday. Some board members of the Trieste-based insurance company are insisting that Greco's mandate, which expires in April, be reconfirmed, despite confirmation of a long-rumoured offer from rival insurance company Zurich, ANSA sources said on Tuesday. Trading of Generali shares was suspended Tuesday following a sharp drop. Both Generali and Zurich declined to comment. Greco left Zurich to join Generali in August 2012.
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