Generali : Good resilience in terms of solvency in H2
>Growth in premiums and net profit close to estimates - Generali yesterday reported its main earnings indicators for 9M 2018. Total gross written premiums were € 49.7bn in 9M 2018 (in line with forecasts), up 6.1% like-for-like, with a 7.8% rise l-f-l in life insurance (to € 34.3bn) and a 2.7% rise in P&C insurance (to € 15.4bn). The operating result came to € 3,607m in 9M 2018, up 3.9% l-f-l, slightly below the consensus (variance of -0.7%) and beating our estim...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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