Generali posted a decreasing H1 16 operating result (-10.5% yoy at €2,487m). The net result was €1,178m, -9.9% relative to H1 15. In the Life segment, the operating result amounted to €1,653m, -3.5% relative to June 2015 (but +0.8% in the Q2 to €897m). Savings products and Protection lines recorded a growth, but unit-linked sales dropped by 19.9%. Premiums amounted to €25,816m, -4% yoy. Compared to June 2015, APE decreased by 4.5% to €2,571m. In P&C, gross wr
29 Jul 2016
Resilience in the face of rough times
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Resilience in the face of rough times
Assicurazioni Generali S.p.A. (AGEN:WBO) | 0 0 0.6% | Mkt Cap: 24,114m
- Published:
29 Jul 2016 -
Author:
Bassem Neifer -
Pages:
3
Generali posted a decreasing H1 16 operating result (-10.5% yoy at €2,487m). The net result was €1,178m, -9.9% relative to H1 15. In the Life segment, the operating result amounted to €1,653m, -3.5% relative to June 2015 (but +0.8% in the Q2 to €897m). Savings products and Protection lines recorded a growth, but unit-linked sales dropped by 19.9%. Premiums amounted to €25,816m, -4% yoy. Compared to June 2015, APE decreased by 4.5% to €2,571m. In P&C, gross wr