May 21, 2024 05:34 GMT
Generali Results: Above Consensus, Solid Solvency
FINANCIALS
Generali (ASSGEN: Baa2/BBB+) 1Q24 results headlines are a beat at most levels (revenues, combined ratio, net profit) and with a solid solvency ratio:
- Generali 1Q Solvency Ratio 215% (est. 214%)
- Generali 1Q Adj. Net Result EUR1.12B (est. 979m)
- Generali 1Q Oper Result EUR1.90B (est. 1.87bn)
- Generali: On-Track to Meet All Targets of Strategy
- Generali 1Q Combined Ratio 91.0% (est. 91.3%)
- Generali 1Q Gross Written Premiums EUR26.39B (est. 23.02bn)
Keep reading...Show less
74 words