Generali posted an increased H1 17 operating result (+4.1% yoy to €2,588m). The net result was €1,221m, +3.7% relative to H1 16. In the Life segment, the operating result amounted to €1,614m, -2.8% relative to June 2016. Savings products sales recorded a drop of 15.7% to €12,934m, while Protection and unit-linked lines recorded growth of 5.4% and 29.9% to €4,514m and €7,442m, respectively. Total premiums amounted to €25,302m, -1.8% yoy. In P&C, gross wri
02 Aug 2017
Appreciable results
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Appreciable results
Assicurazioni Generali S.p.A. (AGEN:WBO) | 0 0 0.6% | Mkt Cap: 24,114m
- Published:
02 Aug 2017 -
Author:
Bassem Neifer -
Pages:
3
Generali posted an increased H1 17 operating result (+4.1% yoy to €2,588m). The net result was €1,221m, +3.7% relative to H1 16. In the Life segment, the operating result amounted to €1,614m, -2.8% relative to June 2016. Savings products sales recorded a drop of 15.7% to €12,934m, while Protection and unit-linked lines recorded growth of 5.4% and 29.9% to €4,514m and €7,442m, respectively. Total premiums amounted to €25,302m, -1.8% yoy. In P&C, gross wri