Generali delivers strong profitable growth and confirms its extremely solid capital position
- Gross written premiums increased to € 22.2 billion (+1.3%) driven by robust growth in P&C segment (+10.1%). Life net inflows were entirely focused on unit-linked and
- protection, consistent with the Group’s strategy
- Operating results rose to € 1,820 million (+22.1%), mainly thanks to the strong contribution from the P&C segment, while the Life segment was resilient. The Combined Ratio improved to 90.7% (-5.6 p.p.). Excellent New Business Margin at 5.72% (+0.32 p.p.)
- Adjusted net result 2 grew substantially to € 1,229 million (+49.7%), reflecting the benefit of diversified profit sources
- Extremely solid Solvency Ratio at 227% (221% FY 2022)
