Generali : Operating profitability expected to remain in good shape
>Set to post further slight premium growth - Generali is due to report its 9M 2019 results on Thursday 7 November 2019 before the market. We forecast gross written premiums of € 50.574bn in 9M 2019, an increase of 1.7%e compared to 9M 2018, slightly below the consensus. We note that premium growth is undermined by changes in scope. It is expected to be stronger in P&C insurance (+3.3%e) than in life insurance, where the group is set to be under pressure from a decline...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.
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