Report
Benoit Valleaux

Generali : Growth expected in the operating result and solvency margin

>We expect the operating net result to grow 6% in Q1 - Generali is set to report its Q1 2021 earnings on 18 May, which will include for the first time the contribution from Generali’s 23.7% stake in Cattolica (equity accounted). We expect premium income of € 19.6bn (+2.5%) in the quarter, slightly ahead of the consensus (€ 19.3bn), with an expected increase of 3.7% in life insurance and more moderate growth in P&C insurance (+0.5%). We forecast an operating result of ...
Underlying
Assicurazioni Generali S.p.A.

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Benoit Valleaux

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