Generali Lifts Dividend, Backs Guidance

Assicurazioni Generali SpA raised its dividend and backed its targets, despite uncertainty related to the coronavirus epidemic, after improving performances across the company’s business segments supported growing net profit last year. Net profit for the year rose almost 16% to 2.67 billion euros ($3.00 billion), the Italian insurer said Friday. Excluding some one-offs, adjusted net… Continue reading Generali Lifts Dividend, Backs Guidance

Generali Profits Up by 7.6%, With Positive Results Across All Segments

Italian insurance giant Generali has reported that its operating result grew by 7.6% to €2.7 billion during the first half of 2019, driven by positive developments across all of its business segments. Operating results improved from €2.5 billion in H1 2018, while net profit also rose 6.4% to €1.3 billion this year, up from €1.2… Continue reading Generali Profits Up by 7.6%, With Positive Results Across All Segments