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

Generali : Solid interim operating profit despite high P&C loss experience in Q2

>Continued strong business growth - Generali is due to release H1 2024 results on 9 August. We forecast gross written premiums of € 48bn (+13.7%), close to the consensus (€ 48.2bn), with growth of 17.8% expected in life insurance following the vigorous growth recorded in Q1 (+27.8% with a very strong sales recovery in Italy, France and China). We forecast growth of 7.3% in life premiums in Q2 alone. In P&C insurance, we foresee a continuation of trends observed in Q1 ...
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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