Report
Benoit Valleaux

Generali : The various businesses still exhibiting solid momentum

>Moderate growth - Generali released its H1 2019 earnings yesterday morning. Gross written premiums came to € 35.7bn in H1 2019, up 1.8%, in line with our forecasts and slightly shy of the consensus. In life insurance, premiums rose 0.9%, but with a 9.3% increase in personal protection while the volatility of the markets triggered an 8.7% reduction in the premiums on unit-linked contracts and an increase in traditional life savings products. The new business margin re...
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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