Generali Group

                                 

          Historical Data

           

          (million euro) 2020 2019 2018 2017 20161 2015
          Gross written premiums 70,704 69,785 66,691 64,381 68,907 74,165
          of which Life2 48,557 48,260 46,084 43,832 48,400 53,297
          of which P&C 22,147 21,526 20,607 20,548 20,507 20,868
                       
          Operating results 5,208 5,192 4,857 4,713 4,783 4,785
          of which Life 2,627 3,129 3,067 2,982 3,084 2,965
          of which P&C 2,456 2,057 1,992 1,944 2,073 1,987
          of which AM3 546 425 335  261    
                       
          Non-operating result (1,848) (1,581) (1,361) (1,109) (1,526) (1,318)
          Result of the year before taxes and minority interests 3,360 3,611 3,496 3,605 3,258 3,467
                       
          Net Result 1,744 2,670 2,309 2,110 2,081 2,030
          EPS (€) 1.11 1.70 1.48 1.35 1.34 1.30
          Dividend per share (€) 1.47 0.50  0.90 0.85 0.80 0.72
                       
          Shareholder's Funds 30,029 28,360 23,601 25,079 24,545 23,565
          Solvency4 (%) 224 224 217 207 194 202

          (1) 2016 figures were restated to reflect disposals happened in 2017. Net income and Shareholders’ Funds not adjusted for disposed entities. 

          (2) Life premiums include investment contracts.

          (3) AM segment reporting introduced from 31 Dec. 2018 in line with AM strategy.

          (4) 2013 Solvency I regime, 2014 - 2016 Solvecy II regime Internal Model view, 2017 - 2018 Solvency II regime Reguatory view after Internal Model extension approval.

           

          FINANCIAL TARGETS 2019-2021

          FINANCIAL TARGETS 2019-2021 

          CURRENT STATUS

          6%-8%
          EPS CAGR RANGE1
          2018 – 2021

          ON TRACK

          €4.5 - 5.0 billion
          CUMULATIVE DIVIDENDS
          2019 – 2021

          ON TRACK
          subject to regulatory enviroment

          55% - 65%
          DIVIDEND PAY-OUT RANGE2

           

          >11.5%
          AVERAGE RETURN ON EQUITY3
          2019 – 2021

          2019 and 2021e ROE >11.5%
          2020 impact of COVID-19 and one-offs

          (1) 3 year CAGR; adjusted for impact of gains and losses related to disposals and Liability Management loss
          (2) Adjusted for impact of gains and losses related to disposals
          (3) Based on IFRS Equity excluding OCI and on total net result