Generali confirmed its financial targets for FY 2021. The insurer, which posted resilient operating earnings, suffered from non-operating items that led to a decline in its net profit. Generali remains a solid European operator, with a capacity to pay the second tranche of the FY 19 dividend with FY 20’s one next year. The risk of Italian Sovereign bonds exists, but the company has always showed its capacity to manage all debt crises.
