Generali

Showing posts with label Generali. Show all posts
Showing posts with label Generali. Show all posts

Monday, 16 September 2019

Generali confirmed in the Dow Jones Sustainability World Index and added to the Dow Jones Sustainability Europe Index




Generali has been confirmed in the Dow Jones Sustainability World Index (DJSI) for the second year running and also added, for the first time, to the Dow Jones Sustainability Europe Index (DJSI Europe).
This important recognition is testament to the Group’s commitment to sustainability, which plays a fundamental role in the Generali 2021 strategy. Some examples of Generali’s initiatives in this sector include: the commitment to allocate € 4.5 billion by 2021 to green and sustainable investments and to increase the number of products with social and environmental impacts; a Responsible Consumer programme to meet the expectations of sustainability-focused consumers; and the Enterprise award for sustainable SMEs.
The DJSI, launched in 1999 as a global sustainability benchmark, tracks the leading sustainability-driven companies based on RobecoSAM’s analysis of financially material Environmental, Social, and Governance (ESG) factors and S&P DJI’s robust index methodology.

Sunday, 4 August 2019

GENERALI GROUP CONSOLIDATED RESULTS AT 30 JUNE 2019 (1)- EXCELLENT OPERATING RESULT AT € 2.7 BILLION (+7.6%) AND STRONG GROWTH IN NET PROFIT TO € 1.8 BILLION (+34.6%). THE SOLID CAPITAL POSITION IS CONFIRMED




The operating result increased thanks to positive developments in all business segments 
The Group net profit stood at € 1.8 billion (+34.6%), also including the result of discontinued operations. Adjusted net profit2 rose to € 1.3 billion (+6.4%)
Life net inflows grew to € 7.4 billion (+29.5%) and technical reserves reached € 358 billion (+4.3%). Gross written premiums stood at € 35.7 billion (+1.8%), due to the positive performance of both Life and P&C segments 
The technical excellence of the Group is confirmed with the combined ratio at 91.8% (-0.2 pps) and the New Business Margin at 4.40% (-0.18 pps) 
Asset Management net profit stood at € 133 million (+22%), with third-party AuM in this segment rising sharply to € 102 billion 
 The Preliminary Regulatory Solvency Ratio remains solid at 209% (217% FY 2018; -8 pps) 
 Generali Group CEO Philippe Donnet declared: “These results show the Group’s capacity to generate sustainable financial and industrial value for all of its stakeholders. The first half of the year confirms the effective and disciplined implementation of the three-year strategic plan ‘Generali 2021’ in all business segments. Generali today is an increasingly global insurance and asset management group, with technical excellence in the Life and P&C segments and distinctive expertise in asset management, allowing us to successfully overcome the competitive challenges of the sector to become lifetime partner to our customers.”

https://www.generali.com/