Insurer profile
Generali Seguros, S.A.
Generali Seguros, S.A. · Portugal
Overview
Generali Seguros, S.A. operates in Portugal under the Generali Tranquilidade brand, registered with the ASF under number 1197 and authorised to sell both life and non-life products. Founded in Porto in 1871, it was acquired by the Generali Group in 2020 and rebranded from Tranquilidade to Generali Tranquilidade in 2024. It is the second largest insurer in the Portuguese market, protecting more than 2 million customers through a distribution network of more than 2,500 points of sale.
Source26
Products in this market
3
Offer pages
Company details
- Parent group
- Assicurazioni Generali S.p.A.
- Regulator
- Insurance and Pension Funds Supervisory Authority (ASF – Autoridade de Supervisão de Seguros e Fundos de Pensões)
- Phone
- +351 211 520 310
- [email protected]
Products from Generali Seguros, S.A.
Motor4
Car Insurance
Comprehensive car insurance covering mandatory third-party liability, optional own damage, roadside assistance, and coverage for electric vehicles.
Motorcycle Insurance
Motorcycle insurance covering third-party liability, optional own damage, rider and passenger protection, and roadside assistance.
Classic Vehicle Insurance
Insurance for classic cars and motorcycles, covering mandatory liability, optional theft protection, and roadside assistance.
Corporate Car Insurance
Vehicle fleet insurance for businesses covering mandatory liability, optional own damage, and extended coverages for company cars.
Property3
Home Multi-Risk Insurance
Multi-risk home insurance protecting against fire, natural phenomena, theft, and offering home assistance for repairs and utilities.
Business Multi-Risk Insurance
Multi-risk insurance for businesses protecting premises, goods, equipment, employees, and third-party liability across various sectors.
Condominium Multi-Risk Insurance
Multi-risk insurance for condominiums with four coverage options adapted to all types of condominium buildings.
Health7
Individual Health Insurance
Health insurance using the AdvanceCare network, covering consultations, exams, hospitalisation, mental health, and reimbursement of medicines and prostheses.
Health Insurance for Over 55s
Health insurance plan specifically designed for customers aged 55 and over, offering flexible coverage options.
Dental Health Insurance
Dental insurance with a dedicated provider network offering discounted consultations, exams, cleanings, orthodontics and prostheses.
Corporate Health Insurance
Group health insurance solutions for companies, providing employees with access to healthcare services via the AdvanceCare network.
Personal Accident Insurance
Personal accident insurance covering 24/7 protection in Portugal and abroad, including medical expenses, disability, and an optional sports module.
Work Accident Insurance
Mandatory work accident insurance for employees covering compensation, pensions, and access to a national clinical network.
Sports Accident Insurance
Sports insurance covering death, disability, medical treatments, and civil liability with worldwide assistance.
Liability2
Civil Liability Insurance
Corporate liability insurance covering damage to third parties, product liability, directors and officers liability, and environmental liability.
Dog Civil Liability Insurance
Mandatory-by-law liability insurance for dangerous or potentially dangerous dogs, covering damages caused to third parties.
Life4
Life Insurance (Risk)
Modular term life insurance covering death, disability, and critical illness to ensure the financial stability of the insured's family.
Life Insurance for Home Loan
Life insurance linked to mortgage credit covering death and disability, with optional critical illness coverage to pay off the remaining loan balance.
Life Insurance for Healthcare Professionals
Specialised life insurance for healthcare professionals covering death, disability, critical illness, and inability to practise their specialisation.
Critical Illness Insurance
Critical illness insurance providing a lump-sum benefit upon diagnosis of a serious illness such as cancer, heart attack or stroke.
Financial3
Tranquilidade PPR (Retirement Savings Plan)
A unit-linked retirement savings plan (PPR) with tax benefits, suitable for conservative/moderate investor profiles, with a minimum investment of €100.
Protected Investment (Capitalisation Insurance)
A capitalisation insurance product with a minimum entry of €1,000, offering structured savings and investment with capital protection features.
Green Investment
A sustainable investment insurance product with a minimum entry of €2,000, investing in assets that meet environmental and ESG principles.
Regulatory updates
Generali Seguros, S.A. is registered with the ASF under number 1197. During 2026 the ASF approved several regulatory instruments affecting all Portuguese insurers, including Norma Regulamentar n.º 2/2026-R (16 April), which amended the General Conditions of the compulsory motor liability policy, and quarterly Normas Regulamentares (n.º 1/2026-R and n.º 5/2026-R) updating capital indexation for fire and natural-hazard property policies. The ASF's 2025 Market Conduct Report highlighted a 15% rise in consumer information requests, and market-wide direct insurance production in Portugal grew 18.1% year-on-year in Q2 2026, with Motor and Fire branches up over 10%. In June 2026, the ASF registered updates to Generali Seguros' executive management committee members responsible for key functions.
Reputation and reviews
Offer pages
Casco (own-damage car insurance)
casco (own-damage car insurance) from Generali Tranquilidade for the Portugal market, with 24/7 assistance.
Last verified Sep 2, 2026
Motor third-party liability
motor third-party liability insurance from Generali Tranquilidade for the Portugal market, with online purchase and 24/7 assistance.
Last verified Aug 26, 2026
Travel insurance
travel insurance from Generali Tranquilidade for the Portugal market, with 24/7 assistance.
Last verified Aug 27, 2026