The Generali Group closed 9M 15 with a strong development in key figures, but the Q3 was not so brilliant. The Italian insurer posted a 9.3% decrease in the Q3 operating result to €1,061m, but the 9M operating result benefited from a strong H1 and show a 4.7% growth ytd. The Q3 net result stood at €420m (-18.1% yoy) but +8.7% ytd at €1,727m. In the Life segment, the operating result amounted to €2,338m, +3.8% yoy (-15.1% to €625m in the Q3). APE increased by 1.7% to &
05 Nov 2015
Modest Q3 but no fear for the full-year figures
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Modest Q3 but no fear for the full-year figures
Assicurazioni Generali S.p.A. (AGEN:WBO) | 0 0 0.6% | Mkt Cap: 24,114m
- Published:
05 Nov 2015 -
Author:
Bassem Neifer -
Pages:
2
The Generali Group closed 9M 15 with a strong development in key figures, but the Q3 was not so brilliant. The Italian insurer posted a 9.3% decrease in the Q3 operating result to €1,061m, but the 9M operating result benefited from a strong H1 and show a 4.7% growth ytd. The Q3 net result stood at €420m (-18.1% yoy) but +8.7% ytd at €1,727m. In the Life segment, the operating result amounted to €2,338m, +3.8% yoy (-15.1% to €625m in the Q3). APE increased by 1.7% to &