Generali doubles its profit in the first half of the year. Off to procedures for the list of the next board of directors

MILAN – Leap in profit for Generali in the first half of the year. The group recorded a sharply growing net result of 1. 540 million, doubled by 774 million in the same period of 2020 and an operating result of 3 billion (+ 10, 4%), thanks to the positive development of the Life, Asset Management and Holding segments and other businesses. Gross premiums increased to 38 billion (+5.5 %), thanks to the positive trends in the Life (+ 5.8%) and Non-Life (+ 4.9%) segments. The Solvency Ratio is confirmed solid at 231% (224% in the integer 2020). The board of directors – as stated in the note from the group – has decided to start preparatory activities for the procedure for the definition of any list of candidates by the board itself in view of the renewal of the administrative body due to expire in 2022, procedure that will be submitted to the examination of the Board of Directors at the meeting scheduled for 27 September.

“Today’s excellent results confirm that we are fully on track to achieve the ambitious objectives of the current ‘Generali 2021 ‘, also in this very challenging context “, said the CEO of Generali, Philippe Donnet, commenting on the results of the group . “The significant growth achieved in the first six months of the year strengthens Generali’s position as a European leader, thanks to our operational excellence, the acceleration of our digital innovation and the quality of our distribution network. more on our ambition to be a Life Partner, leveraging the enthusiasm, passion and energy of our people 72 thousand colleagues and 165 thousand agents present all over the world , and look forward to the next Investor Day 15 December to present the new plan “, he concluded.