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Generali eyes Asia, LatAm acquisitions, CEO says

Generali CEO Philippe Donnet said the Italian insurer is aiming to expand its operations in parts of Asia and Latin America, particularly Argentina and Brazil, Reuters reported May 21.

Donnet told Italian newspaper Affari & Finanza that the bulk of the company's growth will be organic, but that it would evaluate "acquisition opportunities that allow us to speed up growth." Generali is set to present a new business plan in November, Reuters noted.