![[Toyota Times] From Strengthening Foundations to Boosting Productivity - Toyota Focuses on Break-Even Volume](https://businessfortnight.com/wp-content/uploads/2025/11/Toyota-Times-From-Strengthening-Foundations-to-Boosting-Productivity-Toyota-218x150.jpg "[Toyota Times] From Strengthening Foundations to Boosting Productivity – Toyota Focuses on Break-Even Volume")
Generali has acquired a 51% stake in its joint venture Generali China Insurance Company (GCI). This stake was previously held by its local partner CNPC Capital. The Italian group now becomes GCI’s sole 100% shareholder.
The transaction is valued at 99 million EUR (108.3 million USD).
Pending approval by the relevant authorities, the deal will help strengthen Generali’s position in the Chinese property-casualty insurance market.
Based in Beijing, Generali China Insurance Company was jointly founded in 2007 by CNPC Capital and Generali to provide non-life insurance products in the country.
