Generali : Operating result beats expectations with good performances in insurance
>Strong revenue growth - Generali reported its 9M 2024 results on Friday. Premiums increased sharply to € 70.7bn (+17.0% reported, +18.1% l-f-l) close to expectations, with premiums up 23.3% l-f-l in life insurance at € 45.7bn, slightly better than expected, underpinned by all segments. The savings segment saw strong growth of +34.5%, particularly in France, Italy and Asia. The new business margin was slightly better than expected at 4.45% for 9M, with a good business...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.