Generali : Good operational performance for the first nine months of the year
>Good resilience since the beginning of the year - Yesterday, Generali published its net result for the first nine months of 2020. Premiums written were € 51.4bn for 9M (+1.2%) close to forecasts, with a very slight increase in life insurance (+0.3%) and a more significant increase in P&C (+3.2%). They were € 15.5bn in Q3, down 0.9%. We note an improvement in the product mix in life insurance, which underpinned the new business margin in insurance at 4.5% in Q3, a ver...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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