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Generali: first half profit +28,4% year on year

Generali's first six months of the year closed with a net profit of 1,08 billion euros, up 28,4% on an annual basis - The operating result was positive for 2,37 billion - For the group, the best results, on a half-yearly basis, for 5 years now.

Generali: first half profit +28,4% year on year

The first half of the Generali group ends, which closes with a net profit growing by 28,4% on an annual basis, to 1,08 billion euros, and an operating result of 2,37 billion, up by 5,3 .5%. This is – reads the note released by the company – the best half-year performance of the last XNUMX years.

Premium income totaled 34,8 billion (+1,7%), deriving for 23,1 billion from life business (+2,2%) and 11,7 billion from non-life (+0,8%). The improvements in the operating result are due to the impetuous growth of the non-life segment (+25% to 909 million), while the operating result of the life business fell by 7% to 1,48 billion. In the first six months of the year, the group reduced its financial debt by 500 million, bringing it to 12,7 billion, "in line with the objectives".

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