Generali SpA

    PREMISES & GLOBAL SERVICES

    Generali Group Consolidated Results as of 30 June 2019

    EXCELLENT OPERATING RESULT AT € 2.7 BILLION (+7.6%) AND STRONG GROWTH IN NET PROFIT TO € 1.8 BILLION (+34.6%). THE SOLID CAPITAL POSITION IS CONFIRMED

    • The operating result increased thanks to positive developments in all business segments
    • The Group net profit stood at € 1.8 billion (+34.6%), also including the result of discontinued operations. Adjusted net profit2 rose to € 1.3 billion (+6.4%)
    • Life net inflows grew to € 7.4 billion (+29.5%) and technical reserves reached € 358 billion (+4.3%). Gross written premiums stood at € 35.7 billion (+1.8%), due to the positive performance of both Life and P&C segments
    • The technical excellence of the Group is confirmed with the combined ratio at 91.8% (-0.2 pps) and the New Business Margin at 4.40% (-0.18 pps)
    • Asset Management net profit stood at € 133 million (+22%), with third-party AuM in this segment rising sharply to € 102 billion
    • The Preliminary Regulatory Solvency Ratio remains solid at 209% (217% FY 2018; -8 pps)

    Download

    Generali Group Consolidated Results as of 30 June 2019 489.72 KB