Word: generali
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...private sector, a group of businessmen led by Cesare Merzagora, former president of the Italian Senate and now head of Assicurazioni Generali, the country's largest insurance firm, challenged Bastogi, a big holding company in which Assicurazioni owns a major interest. Decrying Italian financial companies as "a group of hens nesting on rocks," Merzagora's group demanded that Bastogi try to stimulate private investment rather than keep its capital in the serenity of real estate holdings. Another group, headed by Insurance Executive Ettore Lolli, joined with Tiremaker Leopoldo Pirelli to oust the conservative management of La Centrale...
...progressed beyond such generali ties as "the absorption of unemployment will take precedence over the rule of maxi mum profit." Pushed into a corner, F.L.N...
...last week, Jewish President Arnaldo Frigessi Di Ratalma "voluntarily resigned" as head of this great port's biggest insurance firm Riunione Adriatica, which elected as his successor non-Jewish Fulvio Suvich, Italian Ambassador to the U. S. who is now in Italy. Jewish President Edgardo Morpurgo of Assicurazioni Generali, the great Venetian insurance firm, likewise resigned last week and was replaced by famed Count Volpi, who in 1925 as Finance Minister negotiated the Italo-U. S. debt accord. Swank Countess Volpi is a Jewess and so is the old mother of Fascist Minister of Education Giuseppe Bottai. Indeed...