Generali late on Friday announced that Krishnamoorthy Rao will be rejoining the group as managing director and chief executive officer of Generali Central Insurance, its property and casualty (P&C) business joint venture in India. The appointment will take effect on 1 April 2026, pending regulatory approval.
Rao served as MD and CEO of Future Generali India Insurance from 2009 to 2018, during which he helped build a multi-channel distribution network for retail and corporate segments. He then led Generali’s Malaysian joint venture, MPI Generali, as CEO from 2018 to 2022.
“KM Rao’s return to India marks a strategic milestone for Generali in Asia,” said Rob Leonardi, Regional Officer Asia at Generali. “With his proven leadership, we will accelerate innovation and growth to shape the future of P&C insurance in this vital market and at a pivotal time for our business.”
Rao has more than 35 years of experience in insurance and risk management, starting his career as a scientist at the Indian Space Research Organisation, before later holding underwriting, risk management, and leadership roles at Bajaj Allianz and Tata AIG Risk Management Services.
“I am honoured to lead Generali’s India P&C business into a new era of excellence,” Rao said. “By harnessing India’s immense potential, we will pioneer innovative solutions and sustainable growth as we continue to serve as the Lifetime Partner of our customers.”
Rao’s return to the business follows another key strategic appointment by Generali in Asia earlier this month, when Sun Lei was named deputy regional officer. It comes after the group posted record global results in 2025 , with its Asia life business contributing with a 69% NBV surge in the region.
Generali Central Insurance Company Limited is Generali’s property and casualty joint venture in India, formed with Central Bank of India in 2025.
