Generali : Robust Q2 results in line, sharp growth in life insurance
>Sharp growth in revenues, with a continuing rebound in life insurance - Generali released its Q2 2024 net earnings yesterday. The group’s revenues were € 50.1bn (+18.7% reported, +20.4% l-f-l), around 4% above forecasts due to continuing very strong growth in life insurance (+26.6% l-f-l in H1, of which +24.7% in Q2). The new business margin posted a sequential improvement at 4.82% in Q2 (4.31% in H1 2024), at a high level but in decline vs last year, with the group ...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.