Generali, excellent results and strong capital position

Generali Group CEO Philippe Donnet presents the 2020 full-year financial results, which continue to demonstrate Generali’s resilience and strengths compared to peers in the sector, both from a technical point of view and in terms of capital position, despite a scenario that remains highly uncertain owing to the ongoing pandemic.

The Group’s operating result was, for the second consecutive year, its best-ever performance, reaching € 5.2 billion. The dividend per share that will be proposed at the next Shareholders’ Meeting is € 1.47, split into two tranches of € 1.01 and € 0.46, respectively.

In line with the ambition to be a Lifetime Partner to all its stakeholders, in the critical moment of the crisis caused by Covid-19 Generali took immediate action to support the communities in which it operates with the Extraordinary International Fund and the launch, to mark the Company’s 190th anniversary, of Fenice 190, the five-year € 3.5 billion investment plan for the sustainable recovery in Europe and in support of the real economy.

Moreover, important results have been achieved in terms of sustainability: the Group made € 6 billion of new green and sustainable investments, in the period 2018-2020, exceeding the strategic target of € 4.5 billion by 2021 a year in advance. In 2020, Generali also collected over € 16.9 billion in premiums from social and environmental products, an increase of 11.2% compared to 2019.