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Central Bank of India acquires Future Enterprise Limited’s 25.18% stake in Future Generali India Life Insurance, marking a strategic move to strengthen its presence in the insurance sector.

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Central Bank of India acquires Future Enterprise Limited’s 25.18% stake in Future Generali India Life Insurance, marking a strategic move to strengthen its presence in the insurance sector.

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Generali Central Life Insurance

Trust Innovations with Generali Central

Generali Central Life Insurance Company Limited (formerly Future Generali India Life Insurance), headquartered in Mumbai, is one of the leading insurance companies in India. It brings together the global leadership and legacy of Generali and the strength of Central Bank of India, one of the oldest nationalized banks in India.

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Generali Central Life Insurance Company Limited, based in Mumbai, is a trusted name in India’s life insurance industry. Generali, the majority stakeholder with a 73.99% share, brings nearly two centuries of global insurance experience since its founding in 1831. Known for driving sustainable growth and innovation, Generali’s presence strengthens the company’s global standards in service and product offerings. Central Bank of India, holding a 25.18% stake, contributes a robust national distribution network, with over 4,500 branches across urban and rural India. The joint venture effectively combines Generali’s international expertise with the bank’s deep local connect. The company provides a comprehensive range of life insurance products tailored to the Indian market. These include Term, Savings, Retirement, Child, Wealth Creation, and Group Insurance plans, designed to meet evolving needs through every life stage.

Trusted Shareholders

We’ve built a strong organisation so you can feel confident in every conversation, every product and every promise.

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THE GENERALI GROUP is one of the largest integrated insurance and asset management groups worldwide. Established in 1831, it is present in over 50 countries in the world, with a total premium income of €95.2 billion and €863 billion AUM in 2024.

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Central Bank of India is a leading public sector bank with a nationwide presence, operating over 4,500 branches across all 28 States and 7 Union Territories. Established in 1911, it is one of India’s oldest banks, with a legacy spanning over a century.

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Our Promise is Reflected in the Lives We've Touched

We bring experience, stability, and a proven approach to supporting your family and financial goals.

1369

Branches across India

897,635

Lives Protected from Day One

₹87.84 Bn

of Assets Under Management

98.08%

Individual Claim Settlement Ratio

99.78%

Group Claim Settlement Ratio

Data as on 31st March, 2025

Leading With Vision, Grounded in Values

The Generali Central Life Insurance vision is to actively protect and enhance people’s lives.

Actively

We play a proactive and leading role in improving people's lives through insurance.

Protect

We are dedicated towards managing and mitigating risks of individuals and institutions.

Enhance

Generali Central is also committed to creating value.

People

We deeply care about our customer and our employee lives and their future.

Lives

Ultimately, we have an impact on the quality of people's lives - wealth, safety, advice and service are instrumental in improving a person's chosen way of life in the long term.

Meet the Leaders Behind Our Success

At Generali Central Life Insurance, shaping our vision and driving excellence is what defines us.

Managing Director & CEO
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Non-Executive Director (Additional)
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Independent Director & Chairman
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Non-Executive Director
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Independent Director
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Independent Director (Additional)
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Non-Executive Director
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Empowering Lives, Enabling Futures

When people come together, they carry the power to create meaningful change. We built a global movement called The Human Safety Net (THSN) that brings people together to support the families who need it the most. We intend to unlock the potential of people living in vulnerable circumstances, so they can transform their lives, support their families, and contribute to their communities. With a strong global presence across Europe, Asia, and South America, we’re committed to creating equal opportunities in India while transforming lives through protection, inclusion, and financial well-being.

For Families

We aim to support parents during the most important early years of their child’s life.

Contributing to Early Childhood Development (ECD)

Through THSN for Families, we offer parenting support and resources that help children grow and families thrive with a focus on health, nutrition, sanitation, and well-being for those in vulnerable circumstances.

Health and Nutrition for Families

We support families with essential health and nutrition resources, ensuring their well-being and helping them lead healthier lives.

We’re Honoured, Because You Trusted Us

Generali Central Life Insurance is proud to be recognised for its innovation and excellence, which is reflected in the awards and recognitions earned over the years.

Awarded the ET NOW Best Organisations to Work 2025
Awarded the Fastest Growing Insurance Company of 2024 by ASSOCHAM
Navabharat Life Insurance Company of the Year in Mid Segment
Asia Lifetime Partner Awards 2022

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Your go-to hub for Generali Central Life Insurance news releases, updates and insights.

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