Europ Assistance: Generali's Europ Assistance buys nearly 75% of Gulf Assist

Generali subsidiary Europ Assistance has bought a nearly three-quarter stake in Gulf Assist. In a statement, Europ Assistance said it had bought 74.6% of the firm from MAPFRE Asistencia. Gulf Assist also owns Arab Assist WLL in Jordan and has a commercial branch in Dubai. Enrique Ballesteros, previously general manager of Gulf Assist, will run [...] The post Generali's Europ Assistance buys nearly 75% of Gulf Assist appeared first on ReinsuranceNe.ws.