Financial highlights
Generali closed 2021 with best ever operating result and an extremely solid capital position.

Key 2021 financials at a glance
FY20 | FY21 | Δ1 | ||
VOLUMES |
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Gross written premiums (Euro m) | 70,704 | 75,825 | +6.4% | |
of which Life | 48,557 | 51,680 | +6.0% | |
of which P&C | 22,147 | 24,142 | +7.0% | |
Life Net Inflows | 12,114 | 12,729 | +4.4% | |
PROFITABILITY |
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Operating results (Euro m) | 5,208 | 5,852 | +12.4% | |
Operating RoE | 7.7% | 12.1% | +4.4 pts | |
Net result (Euro m) | 1,744 | 2,847 | +63.3 % | |
New Business Margin (PVNBP) | 3.94% | 4.52% | +0.57 pts | |
Combined Ratio | 89.1% | 90.8% | +1.7 pts | |
CASH & DIVIDENDS |
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Net operating cash generation (Parent view, Euro m) | 3,673 | 2,606 | -29.0% | |
Dividend per share (Euro) | 1.47 | 1.07 | n.m. | |
CAPITAL |
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Shareholder's equity (Euro m) | 30,029 | 29,308 | -2.4% | |
Solvency II ratio Regulatory view | 224% | 227% | +3 pts |
(1) Yoy variations for volumes data are at constant perimeter and exchange rates