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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 Ltd. is headquartered in Mumbai and was established in 2006. The company has a presence in 1366+ owned and partnered locations in India and offers life insurance solutions across both, the individual and group front. It provides a wide range of life insurance plans, including Term Insurance Plans, ULIP, Retirement Plans and Child Plans, tailored to meet diverse financial goals and protection needs.

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Generali is the majority shareholder with a stake of XX% in the company brings 190+ years of insurance expertise as well as its global network’s best practices driving sustainable and profitable growth for its stakeholders. Central Bank of India which holds XX% stake, brings a vast distribution network having 4545 branches across the country, offering a comprehensive range of financial products and services to cater to the diverse needs of its customer. Generali Central India Life Insurance Company has a wide range of life protection and retirement products available through its sales channel of over XXXX financial advisors and banca partners in India.

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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Central Bank of India is a pioneer in Indian banking and the first commercial bank wholly owned and managed by Indians. Known for its first-of-its-kind initiatives, the Bank has consistently introduced innovative schemes for all sections of society. With a majority presence in rural and semi-urban areas, it remains committed to financial inclusion and empowering India’s unbanked population.

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Generali 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 around 87 thousand employees and 165 thousand agents serving 71 million customers (Figures as at December 31, 2024).

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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.

Independent Director & Chairman
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Independent Director
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Non-Executive Director
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Non-Executive Director (Additional)
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Non-Executive Director
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Managing Director & CEO
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Distinguished Technology Leader
Independent Director (Additional)
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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

Generali Central Life Insurance was awarded the ET NOW Best Organisations to Work 2025 by ET Edge at the prestigious ET NOW Summit, recognizing its purpose-driven culture, innovation, and people-first leadership.

Awarded the Fastest Growing Insurance Company of 2024 by ASSOCHAM

Generali Central Life Insurance has been awarded the Fastest Growing Insurance Company of 2024 at the 6th edition of ASSOCHAM Insurance Leaders Meet 2024 & Excellence Awards.

Navabharat Life Insurance Company of the Year in Mid Segment

Navabharat Life Insurance Company of the Year in Mid SegmentGCLI Won Award for Company of the Year in Mid Segment for the Event/Category NAVABHARAT BFSI SUMMIT AND AWARDS - 2022

Man of Excellence Award 2021-22 for Distribution, Innovation & Strategy

DIAS Team Won Award for Outstanding Professional Achievement & Contribution in Nation Building - 2022

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

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