Generali : A solid start to the year
>Sharp revenue growth with a strong rebound in life insurance and savings - Generali released its Q1 2024 results yesterday. Group revenues stood at € 26,391m (+19.1% reported, +21.4% l-f-l), far above forecasts (consensus € 23,020m, our forecast € 23,453m due to a very strong rebound in sales in life insurance and savings (+52.5%) in Italy, France and China. Premiums were up 9.6% in protection and 8.6% in unit-linked contracts. Generali restored strong net inflows in...Assicurazioni Generali is the parent company for The Generali Group (the Group), an insurance and financial services provider. The commercial offer is composed of savings and pure risks policies, which constitute the majority of the portfolio, which includes protection and pension funds. In the non-life sector the Group is focused primarily on the retail market. In addition, through the Europ Assistance Group, Co. is engaged in services in motor, travel, health, home and family. The Group has also expanded its business from insurance to a range of asset management, property and financial services.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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