Generali : Robust net profit forecast in Q1
>Strong growth in activity - Generali is due to publish its Q1 2024 results on 21 May. Note that the group will consolidate for the first time Liberty Seguros, the acquisition of which was finalised at end-January. We forecast premiums of € 23.5bn (+5.8%), a shade higher than the consensus (€ 23.0bn), with: 1/ 3% growth in premiums for life insurance, in a context of an upturn in the life insurance market in some countries (notably in France and Italy); 2/ premiums u...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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