Generali's Strong Q3: Profit Surges, Dividends Reaffirmed
Update: 2025-11-13
Description
Italian insurance giant Generali reports robust financial results for the first nine months of the fiscal year, with a 10.1% increase in operating profit to €5.9 billion and a 14% rise in adjusted net earnings to €3.3 billion. The life insurance unit particularly shines, exceeding expectations with a €1.08 billion operating profit in the third quarter. Fewer natural disaster claims contribute to these strong results, with claims totaling €573 million, well below the full-year budget of €1 billion. Generali maintains a strong financial position, with an improved non-life insurance segment combined ratio of 94.2%. The company reaffirms its financial targets for 2027, indicating continued confidence in its future performance.
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