Successful 2017 for Generali with a record operating profit at €4,895m, thanks to the transformation of its Life business which is now more focused on capital-light products. The P&C operations suffered from the impact of bad weather conditions and low investment returns. The insurer has a comfortable solvency position, which has allowed the proposal of a €0.85/share dividend. We are confident of Generali’s capability to reach most of its financial targets.
15 Mar 2018
Great operating performance
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Great operating performance
Assicurazioni Generali S.p.A. (AGEN:WBO) | 0 0 0.6% | Mkt Cap: 24,114m
- Published:
15 Mar 2018 -
Author:
Bassem Neifer -
Pages:
3
Successful 2017 for Generali with a record operating profit at €4,895m, thanks to the transformation of its Life business which is now more focused on capital-light products. The P&C operations suffered from the impact of bad weather conditions and low investment returns. The insurer has a comfortable solvency position, which has allowed the proposal of a €0.85/share dividend. We are confident of Generali’s capability to reach most of its financial targets.