Generali Group

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Generali Group

Generali is a major player in the global insurance industry – a strategic and highly important sector for the growth, development and welfare of modern societies.

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in 50 countries in the world, with more than 72 thousand employees serving 65.9 million customers (Figures as at December 31, 2020).

In recent years we have been through a major strategic reorganisation that has allowed us to bring in greater focus on our core business, greater discipline in the management of our assets, and simpler, more transparent governance. This process has led us into a new phase, based on more efficient business models, innovative commercial strategies, and a stronger, more global brand.

The commitment to sustainability is one of the enablers of our strategy, our ambition is to be the Lifetime Partner to its customers, offering innovative and personalized solutions thanks to an unmatched distribution network

Generali Group

Figures as at December 31, 2020

Global Presence

Since the very beginning, our strong international vocation has set us apart and is one of our greatest strengths. Our geographical diversification is balanced between mature countries such as Italy, Germany and France, markets with high growth prospects (Eastern Europe), and emerging countries in Asia and Latin America.

Our international presence is our greatest strength: Generali is a major, Europe-centric company that however is continuing to build its presence selectively, also in Asia and South America.

In particular, we are the leading insurer in Italy, and the second largest in Germany, while in France we are eighth in the life insurance segment and in the P&C segment, and fifth in A&H.

We have a diversified presence in Austria, CEE & Russia, where the Group is an undisputed leader in terms of profitability, with a combined ratio among the best in the sector. We are among the top three market leaders in the Czech Republic, Hungary, Austria and Slovakia.

Since the first half of 2019 the structure International includes: Spain, Switzerland, Asia, Americas & Southern Europe’s regions. We are among the top operators also in these markets.

With the aim of developing the businesses with global outreach Global Business Lines provide access to integrated insurance and assistance solutions to cover the business risks regarding employees and assets linked to property and people, comprising four units: Generali Global Corporate & Commercial, Generali Employee Benefits, Generali Global Health, and Europ Assistance.

GROUP'S KEY FIGURES (€ MLN)

 

  2020 2019
GROSS WRITTEN PREMIUMS 70,704 69,785
OPERATING RESULT 5,208 5,192
NET PROFIT 1,744 2,670
GROUP SHAREHOLDER'S EQUITY 30,029 28,360

 

GROUP'S KEY FIGURES (€ MLN)
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