The results were in line for Generali, with good signals from the Life business. The impact on life CSM from the revised customer lapse assumption is lower, and the CSM contribution is still strong beside the market movements.
While the P&C results were initially expected to be weak due to the announced Nat Cat losses exceeding the annual budget, the continued influence of discounting benefits has played an important role. Despite the challenges, the results have held steady.

17 Nov 2023
First take: good signals from the life business

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First take: good signals from the life business
- Published:
17 Nov 2023 -
Author:
Tommaso NIEDDU -
Pages:
2 -
The results were in line for Generali, with good signals from the Life business. The impact on life CSM from the revised customer lapse assumption is lower, and the CSM contribution is still strong beside the market movements.
While the P&C results were initially expected to be weak due to the announced Nat Cat losses exceeding the annual budget, the continued influence of discounting benefits has played an important role. Despite the challenges, the results have held steady.