Generali blows 2023 nat-cat budget in nine months
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Generali blows 2023 nat-cat budget in nine months

Rachel Dalton
19 October 2023
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Italian insurer Generali has booked more losses in the first nine months of 2023 than it had budgeted for during the full year, according to its CFO.

Reuters reported that Cristiano Borean said during an industry event on Thursday that it had recorded cat losses of around EUR840mn ($888mn) net of reinsurance in the three months to 30 September.

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News Claims and losses Generali Baden-Baden 2023
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Rachel Dalton
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