Generali completes acquisition of Conning - Breaking news. Generali has completed the acquisition of.
Conning Holdings and its subsidiaries from Cathay Life, a. subsidiary of Cathay Financial Holdings. Following the transaction, the group's total assets under management increased to 887 billion dollars (803 billion euros). Carlo Trabattoni, CEO Asset & Wealth Management of Generali, commented: "Thanks to the acquisition, we will continue to successfully develop a global and diversified asset management ecosystem"