Generali completed the acquisition of Conning from Cathay Life.

Generali, an insurance services provider, completed the acquisition of Conning, an asset management company, from Cathay Life, an insurance broker. Financial terms were not disclosed. "We are excited to embark on this long-term partnership with Generali, with identified growth areas and synergies in mind and to leverage our shared insurance industry heritage. Conning's hallmark is delivering world-class performance and service for clients. This will remain our steadfast focus going forward," added Bradford," Woody Bradford, Conning Chief Executive Officer.