Generali Company profile
About Assicurazioni Generali SpA
Assicurazioni Generali SpA is an Italy-based company engaged in the insurance and financial businesses. The Group operates through three segments: Life, Non Life (property and casualty), and Holding and other business. The Life segment include saving and protection products, both individual and for families, as well as products with investments purposes for companies. The Non-life segment provides various insurance products related to casualty, accident, health, and company plans. The Holding and other business segment includes non insurance assets, mostly banking and asset management activities. The Company is active globally.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Assicurazioni Generali SpA revenues increased 18% to EUR98.06B. Net income applicable to common stockholders excluding extraordinary items increased 48% to EUR2.85B. Revenues reflect Life Insurance segment increase of 19% to EUR70.54B. Net income benefited from Expense Ratio -% - Non Life - Asia decrease of 7% to 31.5%, Loss Ratio - Non Life, France increase of 9% to 70.6%.
Equity composition
05/2007, Scrip Issue, 1 new share for every 10 shares held. 05/2009, Stock Dividend, 1 new share for every 25 shares held. 6/2021, Nominal value changed from 1 EUR to no par value.