Generali : A mixed set of Q3 figures in prospect depending on the business line
>Weathering the crisis well overall - Generali is due to report its 9M 2020 results on 12 November. We forecast gross written premiums of € 51.9bn (+1.1%) for 9M 2020, or € 15.4bn (-1.3%) for Q3. We expect the group to report a 9M 2020 operating result of € 3.864bn (-1.8%). Our estimate is in line with the consensus (€ 3.874bn). This corresponds to a Q3 operating result of € 1.15bn (-5.0%), with a decline forecast in life insurance, while the operating result is expec...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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