Assicurazioni Generali Nine-Month Net Profit Rose 17%

Datum : 07/11/2019 @ 08h09
Quelle : Dow Jones News
Name : Generali Ass (G)
Kurs : 12.775  0.055 (0.43%) @ 17h35
Generali share price Chart

Assicurazioni Generali Nine-Month Net Profit Rose 17%

Generali (BIT:G)
Historical Stock Chart

Von Mai 2019 bis Mai 2020

Click Here for more Generali Charts.
   By Pietro Lombardi 

Assicurazioni Generali SpA (G.MI) said Thursday that its net profit for the first nine months of the year rose roughly 17%, boosted by the sale of some businesses and stronger operating results.

Net profit for the period was 2.16 billion euros ($2.39 billion), the Italian insurance giant said. This compares with a profit of EUR1.86 billion a year earlier.

Adjusted net profit, which excludes one-offs, rose 6.2%.

Gross written premiums increased 3.2% to EUR51.38 billion.

Operating results grew 9.1% to EUR3.93 billion, supported by improving performance at the company's main business lines. The property and casualty segment grew 3.1%, while the life division was up 5% and the asset-management business was up 17%.

The group solvency ratio fell to 204% from 217% in September last year, hit in part by low interest rates.

The company is in the first year of its new strategic plan, under which it wants to cut its debt and is targeting growth in earnings per share at an annual rate between 6% and 8% through 2021.


Write to Pietro Lombardi at


(END) Dow Jones Newswires

November 07, 2019 01:54 ET (06:54 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Kürzlich von Ihnen besucht
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

Der Markt LS (Lang&Schwarz) wird als Realtime Indikation kostenlos angezeigt und bietet Ihnen außerbörsliche Realtime Aktienkurse in der Zeit von Mo-Fr 08:00 bis 23:00, Samstags 10:00 bis 13:00 und Sonntags an.
NYSE und AMEX Kurse sind um mindestens 20 Minuten zeitverzögert.
Alle weiteren Kurse sind um mindestens 15 Minuten zeitverzögert, sofern nicht anders angegeben.
P: V:de D:20200529 05:03:28