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Generali plans major commercial push in Europe, Asia and Latin America

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Italy-based insurer Assicurazioni Generali S.p.A is set for a major commercial push across Europe, Asia and Latin America, MarketWatch reported.

It is looking to offer new services and more higher-margin products, and also cut costs, it said. Generali's plans, which include expanding partnerships, are aimed at improving cash flow over the coming four years. However, the insurer will return the gains to shareholders instead of using these for acquisitions, reports MarketWatch.

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