Generali : Operating trends still favourable
>Continuing profitable growth - Generali reported its 2023 results yesterday. Premiums rose by 5.6% on l-f-l to € 82.5bn (+8.1% for Q4), just beating expectations, with premiums up 12.0% on l-f-l in P&C insurance (+13.6% for Q4) amid continuing price increases, and by 2.0% in life insurance (+5.1% in Q4). In life insurance, the group chalked up sizeable net inflows on unit linked contracts and in personal protection and net outflows in traditional life and savings ins...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.
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