Generali P&C profit up 1.2% as Russia hits investments
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Generali P&C profit up 1.2% as Russia hits investments

Luke Harrison
19 May 2022
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Operating profit in Generali’s P&C division improved by 1.2% to EUR699mn ($732mn), while the carrier’s P&C GWP increased by 14.5% following growth in motor and non-motor lines of business.

At a group level, operating profit increased by 1.1% to EUR1.62bn, while net profit decreased by 9.3% to EUR727mn due to the impact of EUR96mn related to Russian fixed income instruments held by the group and EUR40mn for its...

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Luke Harrison
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