Report
Benoit Valleaux

Generali : Hausse attendue du RO et de la marge de solvabilité

>Nous prévoyons une hausse du RO de 6% au T1 - Generali publiera son RN le 18 mai prochain, qui intègrera pour la 1ère fois la contribution de la participation de 23.7% de Generali dans Cattolica (mise en équivalence). Nous prévoyons des primes de 19.6 Md€ (+2.5%) sur le trimestre, légèrement supérieures au consensus (19.3 Md€), avec une hausse attendue de 3.7% en assurance vie et une croissance plus modérée en assurance dommages (+0.5%). Nous prévoyons un RO de 1 541...
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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