ABOUT FUTURE GROUP AND GENERALI GROUP

ABOUT FUTURE group and Generali Group

About the Company:

Future Generali is a joint venture between the India-based Future Group and the Italy-based Generali Group.

Future Generali is present in India in both the Life and Non-Life businesses as Future Generali India Life Insurance Co. Ltd. and Future Generali India Insurance Co. Ltd.

FUTURE GROUP

Future Group operates some of most India’s popular retail formats that include Pantaloons, Big Bazaar, Central, Home Town, Ezone and Food Bazaar. While retail forms the core business activity of Future Group, the group has developed significant presence in consumer finance, capital, insurance, brand development, retail media and logistics.

The group’s retail formats bring in around 250 million customer footfalls every year and provide a platform for over 30,000 small, medium and large entrepreneurs in India to sell their products and services to these customers. The group has a retail presence in 85 cities and 65 rural destinations and employs over 35,000 people directly.

The group’s flagship enterprise, Pantaloon Retail (India) Limited was founded in 1987 and is listed in the Bombay Stock Exchange and National Stock Exchange since 1991. The company along with its subsidiaries operates around 16 million square feet of retail space in the country. Other group companies include, Future Capital Holdings, a financial services company, Future Ventures, engaged in operating and investing in allied businesses, Future Supply Chain Limited which operates a nation-wide logistics and warehousing network, Future Brands India Limited, a brand and intellectual property rights development corporation and Future Human Development Limited, an educational and manpower training company with campuses in Ahmedabad, Bangalore, Delhi and Kolkata that offers degree programs in association with IGNOU.

Over the years, the group has also developed successful partnerships with Indian and foreign companies. The group has partnered with Tata Group to operate the brand T24 as a telecom service provider for its customers. It also operates rural retail chain in partnership with Godrej Group. Some of the joint ventures includes ones with Generali, an Italy-based insurance major which is among the three largest insurers in the Europe, Staples Inc, the largest office stationery retailer in the world and French fashion brand, Celio. The group also has exclusive brand license partnerships with leading global brands like Lee Cooper, Converse, Callaway, Prince, Spalding and Wilson.

Future Group believes in developing strong insights on Indian consumers and building businesses based on Indian ideas, as espoused in the group’s core value of ‘Indianness.’ The group’s corporate credo is, ‘Rewrite rules, Retain values.’

THE GENERALI GROUP

The Generali Group is one of Europe’s largest insurance providers and the biggest European Life insurer, with 2010 total premium income of more than €73 billion. It is also one of the world’s top asset managers with assets of over € 400 billion, and a unique real estate operator with a property portfolio of more than € 24 billion.

With 85,000 employees worldwide and 70 million clients in more than 60 countries, the Group occupies a leadership position on Western European markets and an increasingly important place in Eastern Europe and Asia.

The parent company Assicurazioni Generali is listed on the Milan Stock Exchange (GASI.MI, G.IM) and has an AA- Standard & Poor’s rating and an Aa3 Moody’s rating.

IDENTITY CARD

Since its establishment, the Generali Group has always held a reputation for its capital and financial strength. Its solidity derives from prudent investment management and a focus on achieving a correct match between risk and medium/long-term profitability.

·          Generali Group is one of the leading insurance groups in Europe, with a 2010 total premium income of more than € 73 billion

·          It is present in 68 countries

·          It has 70 million clients worldwide

·          It has 85,000 employees

·          It has over € 400 billion of assets under management

·          High rating assigned by the international rating agencies:

o         A.M. BEST: A+

o         Standard & Poor’s: AA-

o         Fitch: AA-

o         Moody’s: Aa3