Assicurazioni Generali S.p.A.
Assicurazioni Generali S.p.A. (or Generali Group) is a global multi-line insurer providing a comprehensive range of life, health and property/casualty insurance products and services for individuals, small & medium-sized businesses and corporate customers. It also provides banking, investment and asset & wealth management services as well as reinsurance solutions. Generali has 68 million customers and over 82,000 employees in 50 countries with a significant presence in Western Europe, Germany, Spain, France, Austria and Switzerland. It also has a growing presence in Latin America and Asia. It is the largest insurance company in Italy and one of the top insurers in the world. The company distributes its products through agents, brokers, financial advisers, bancassurance channel and direct channels. Assicurazioni Generali was founded in 1831 and is headquartered in Trieste, Italy. The company’s major international competitors are Allianz, AXA and Zurich Insurance. Generali’s shares are traded on Borsa Italiana (Milan Stock Exchange), with a market capitalization US$34 billion as of February 5, 2024.
Financials (FY 2022)
| Revenue | € 81.5 billion |
| Gross earned premiums | € 79.5 billion |
| Operating income | € 6.509 billion |
| Net profit | € 2.912 billion |
| Total assets | € 710 billion |
| Shareholders' equity | € 16.2 billion |
| Assets under management (AUM) | € 618 billion |
| Number of employees | 82,061 |
Credit Ratings:
Insurance Financial Strength
Moody's: A3
Fitch: A+
AM Best: A
Ratings as of February 2024
Headquarters address:
Piazza Duca degli Abruzzi 2
34132 Trieste, Italy
Telephone: +39 040 671111
Fax: +39 040 671600
Website: www.generali.com