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Generali Sees Eastern Europe as Strategic, Galateri Tells Stampa

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April 21 (Bloomberg) -- Assicurazioni Generali SpA sees eastern Europe as a strategic market with “good growth prospects,” Chairman Gabriele Galateri told Italian daily La Stampa.

The company is diversifying in countries including China, India and Brazil, Galateri said, according to the report. Generali also plans to increase efficiency and cut costs in mature markets, the chairman told the newspaper.

To contact the reporter on this story: Chiara Remondini in Milan at cremondini@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net