Generali : Good operating resilience
>Strong premium growth in P&C - Generali released its Q1 2020 results yesterday morning. Premiums came to € 19.2bn, up 0.3% on l-f-l (+1.5% reported), with a fall of 1.6% in life and good growth in P&C (+4.0%). New business volumes in life insurance grew by 2.4% l-f-l, with a favourable product mix trend (strong growth in sales of unit-linked and protection products) which continued during the lockdown, limiting the pressure on the new business margin which came to 4....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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