At a Glance
Generali is a major player in the global insurance industry – a strategic and highly important sector for the growth, development and welfare of modern societies.
In almost 200 years, we have built a multinational group that is present in 50 countries, through more than 400 companies and with almost 72,000 employees.
In recent years we have been through a major strategic reorganisation that has allowed us to bring in greater focus on our core business, greater discipline in the management of our assets, and simpler, more transparent governance. This process has led us into a new phase, based on more efficient business models, innovative commercial strategies, and a stronger, more global brand.
We are also deeply engaged in Corporate Social Responsibility – a commitment that is rooted that is in our work as insurers, but that also goes beyond our business vocation.
Figures as at December 31, 2018
Since the very beginning, our strong international vocation has set us apart and is one of our greatest strengths. Our geographical diversification is balanced between mature countries such as Italy, Germany and France, markets with high growth prospects (Eastern Europe), and emerging countries in Asia and Latin America.
Our international presence is our greatest strength: Generali is a major, Europe-centric company that however is continuing to build its presence selectively, also in Asia and South America.
In particular, we are the leading insurer in Italy, and the second largest in Germany, while in France we are eighth in the life insurance segment (5.1% of the market) and in the P&C segment (4.4%), and fifth in A&H.
We have a diversified presence in Austria, CEE & Russia, where the Group is an undisputed leader in terms of profitability, with a combined ratio among the best in the sector. We are among the top three market leaders in the Czech Republic, Hungary, Austria and Slovakia.
Since the first half of 2019 the structure International includes: Spain, Switzerland, Asia, Americas & Southern Europe’s regions. We are among the top operators also in these markets.
With the aim of developing the businesses with global outreach Global Business Lines provide access to integrated insurance and assistance solutions to cover the business risks regarding employees and assets linked to property and people, comprising four units: Generali Global Corporate & Commercial, Generali Employee Benefits, Generali Global Health, and Europ Assistance.
Group's Key Figures (€ mln)
|GROSS WRITTEN PREMIUMS||69,785||66,691|
|GROUP SHAREHOLDER'S EQUITY||28,360||23,601|
Figures as at December 31, 2019