About Future Generali India Insurance
Future Generali India Insurance is a joint venture between India’s leading retailer
Future Group and Italy based insurance major Generali.
Future Generali also operates in the Life insurance business as Future Generali
India Life Insurance Co. Ltd.
About Future Group
Future Group, led by its founder and Group CEO, Mr. Kishore Biyani, is one of India’s
leading business houses with multiple businesses spanning across the consumption
space. While retail forms the core business activity of Future Group, group subsidiaries
are present in consumer finance, capital, insurance, leisure and entertainment,
brand development, retail real estate development, retail media and logistics.
Future Group operates some of India’s most popular retail chains including Central,
Big Bazaar, Food Bazaar, Home Town and eZone. Apart from its allied businesses in
Life and General insurance, the Group is also present in the domain of logistics
infrastructure and supply chain and brand development.
The group operates over 17 million square feet of retail space in over 90 cities
and towns and 60 rural locations across India. The group’s retail formats connect
over 300 million customers to over 30,000 small, medium and large enterprises that
supply products and services to its retail chains. Future Group believes in developing
strong insights on Indian consumers and building businesses based on Indian ideas,
as espoused in the group’s core value of ‘Indianness.’ The group’s corporate credo
is, ‘Rewrite rules, Retain values’.
About Generali Group
The Generali Group is a leading player in the global insurance and financial markets.
Established in Trieste in 1831, today the Group is one of the world's 50 largest
companies (source: Fortune Global 500). The Generali Group has a strong workforce
of 77,000 employees worldwide serving 65 million clients in more than 60 countries.
The Group occupies a leadership position in West European markets and an increasingly
important place in markets in Central Eastern Europe and Asia. The Group’s strategic
goal is to improve capitalization and profitability through discipline, simplicity
and focus. It aims to consolidate its position in core markets and expand its high-potential
operations in high-growth markets.
Since its establishment, the Generali Group has always held a reputation for its
capital and financial strength. Its solidity derives from prudent investment management
and a focus on achieving a correct match between risk and medium/long-term profitability.
Generali Group is one of the leading insurance groups in Europe, with 2013 total
premium income of €66 billion and over € 500 billion of assets under management.