Assicurazioni Generali Nine-Month Net Profit Rose 27%
November 08 2018 - 1:10AM
Dow Jones News
By Pietro Lombardi
Assicurazioni Generali SpA (G.MI) net profit for the first nine
months of the year rose sharply boosted by growing operating
results and some disposals, it said Thursday.
Net profit for the period rose 27% to 1.86 billion euros ($2.13
billion), the Italian insurer said.
Gross written premiums rose 6.1% on year to EUR49.73
billion.
Operating income grew 3.9% as its property and casualty
business, as well as the life segment, reported increases.
"With these strong results, we are ready to present the new
three-year strategic plan, focused on continued growth,
transformation, and the creation of sustainable value for all of
our stakeholders," Chief Financial Officer Cristiano Borean
said.
Write to Pietro Lombardi at pietro.lombardi@dowjones.com
(END) Dow Jones Newswires
November 08, 2018 01:55 ET (06:55 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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