Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

Generali : Good H1 2023 results anticipated

>A marked increase in operating profit expected in H1 - Generali is due to publish H1 2023 results, which will include the first quarterly results to be published by the group under the new IFRS 17 accounting norms. We forecast premiums of € 43,150m in H1 2023 (vs € 41,880m in H1 2022 under IFRS 4), a shade above the consensus (€ 42,173m), notably with strong growth in P&C insurance. We forecast operating profit of € 3,357m in H1 2023 (+15.5% vs H1 2022), below the co...
Underlying
Assicurazioni Generali S.p.A.

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Benoit Valleaux

Roland Pfaender,MBA,CFA,CCRA

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