Generali completes BSI sale, lifts solvency ratio

September 15, 2015 1:52 PM

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MILAN, Sept 15 Italian insurer Assicurazioni Generali said on Tuesday its economic solvency ratio had risen to 200 percent after it completed the sale of Swiss private banking unit BSI.

Italy's biggest insurer said in a statement it had closed the sale of BSI to BTG Pactual on Tuesday for 1.248 billion Swiss francs ($1.29 billion).

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