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Generali Central Insurance to double premium income by 2030

The New Indian Express Sambalpur

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December 03, 2025

GENERALI Central Insurance, a general insurance joint venture of Italian insurer Generali Group and public sector bank Central Bank of India, aiming to double its gross written premium income to ₹10,000 crore by 2030 from nearly ₹5,500 crore, said Anup Rau, managing director and chief executive officer of Generali Central Insurance.

- BENN KOCHUVEEDAN @ New Delhi

The target set to double its premium income is on the back of equity and distribution boost it got after the PSB picked up 26% stakes in the joint venture in June.

The bank converted its debt into equity through bankruptcy process.

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