Generali posted excellent figures. 9M 19 gross written premiums improved by 3.2% to €51,379m and the operating result increased by 9.1% to €3,934m. The higher increase in operating earnings was recorded by the targeted asset management segment (+16.8% to €268m). The net result stood at €2,163m (+16.6% yoy). The regulatory Solvency II ratio stood at 204%. The released figures were in line with estimates and confirmed our positive opinion on the insurer.
07 Nov 2019
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Assicurazioni Generali S.p.A. (AGEN:WBO) | 0 0 0.6% | Mkt Cap: 24,114m
- Published:
07 Nov 2019 -
Author:
Bassem Neifer -
Pages:
3
Generali posted excellent figures. 9M 19 gross written premiums improved by 3.2% to €51,379m and the operating result increased by 9.1% to €3,934m. The higher increase in operating earnings was recorded by the targeted asset management segment (+16.8% to €268m). The net result stood at €2,163m (+16.6% yoy). The regulatory Solvency II ratio stood at 204%. The released figures were in line with estimates and confirmed our positive opinion on the insurer.