Generali : Good operating momentum in its three main businesses
>Good commercial momentum in Q1 2021 - Generali yesterday morning released its Q1 2021 results. Premiums amounted to € 19.7bn (+2.9% reported, +4.2% l-f-l), in line with our expectations and slightly ahead of the consensus (€ 19.3bn). Premiums recovered in P&C insurance (+1.9% l-f-l) and came in 5.5% higher on l-f-l in life insurance. Generali chalked up strong growth in Q1 in its new business volumes in life insurance (+13.2%), driven by a robust increase in sales of...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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