A new positive year for Generali. Operating earnings increased by 3% to €4,857m with a growing contribution from all business segments and markets. In the Life business, the operating result grew 2.8% to €3,067m, thanks to sustained inflows (€11.4bn). The P&C business benefited from a controlled combined ratio (93%) and operating profit reached €1,992m, up 2.5% yoy. Net profit was €2,309m, up 9% yoy, and the proposed dividend/share is €0.90. We keep our posit
14 Mar 2019
In good shape
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In good shape
Assicurazioni Generali S.p.A. (AGEN:WBO) | 0 0 0.6% | Mkt Cap: 24,114m
- Published:
14 Mar 2019 -
Author:
Bassem Neifer -
Pages:
3
A new positive year for Generali. Operating earnings increased by 3% to €4,857m with a growing contribution from all business segments and markets. In the Life business, the operating result grew 2.8% to €3,067m, thanks to sustained inflows (€11.4bn). The P&C business benefited from a controlled combined ratio (93%) and operating profit reached €1,992m, up 2.5% yoy. Net profit was €2,309m, up 9% yoy, and the proposed dividend/share is €0.90. We keep our posit