Generali results 2017 News

Generali Posts 9.9% Drop in 9-Month Profits; But on Track to Achieve 2017 Target

Italy’s biggest insurer, Generali, kept its guidance unchanged on Thursday after posting a 9.9 percent drop in nine-month profits due to a loss on the sale of its Dutch business. Profits for the period totalled 1.463 billion euros ($1.7 billion), …

Generali Plans Expansion in Asset Management to Boost Profits

Generali is looking to buy portfolio management teams to expand its asset management operations and beef up its fee-based business, the Italian group said after reporting a 9 percent fall in first-quarter profits on Thursday. Italy’s biggest insurer said it …