Assicurazioni Generali S.p.A., Italy’s largest insurance group, reported a decline in its first-quarter net result. However, the company saw an uptick in insurance revenue during the same period. The group’s revenues are primarily derived from life insurance (62.1%) and non-life insurance (37.9%), which includes automobile, commercial, industrial, personal, and accident-health insurance. Generali also engages in asset management, with EUR 863 billion in assets managed as of the end of 2024, as well as bank and real estate management through Banca Generali. The company reported 86,851 employees.
Recent news surrounding Generali includes Mediobanca’s takeover bid for Banca Generali, which may have strategic and financial implications for Generali. Analysts have varied opinions on Generali, with some adjusting their target prices and ratings.
