Generali : Good capacity to weather the crisis
>Growth in activity in 2019 - Generali reported its 2019 results on Friday morning. Gross premiums came in at € 69.8bn (+4.6% reported, +4.3% l-f-l), slightly ahead of expectations both in life insurance (+4.5% l-f-l) and in P&C insurance (+3.9% l-f-l). In life insurance, the new business margin came in below expectations at 3.89% (-0.49 points l-f-l), impacted in particular by the decline in rates and by the geographic shift in the product mix.Good opera...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.
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