Assicurazioni Generali SpA (ARZGY.PK) reported that its first-quarter profit attributable to the Group grew to 603 million euros from 567 million euros a year back. Total operating result for the period was 1.33 billion euros, higher than last year's 1.23 billion euros, driven mainly by the strong result in the P&C segment.
Total income for the latest quarter dropped to 22.33 billion euros, from 25.3 billion euros, with net earned premiums amounting to 16.19 billion euros, compared with 17.08 billion euros in the prior-year period. Total expenses for the period were 21.3 billion euros, a fall from 24.35 billion euros incurred in the same quarter of previous year.
Given the ongoing uncertainty in the general economic and financial scenario and Generali's careful underwriting policy, the Group expects to report a reduction in Life premiums in 2013 and an increase in P&C operations with positive contributions from both the Non-Motor and the Motor businesses.
The Group expects an improvement in its total operating result in 2013, as it continues to strengthen its capital position and to cut expenditures.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.