Financial highlights
Generali closed 2019 with the best operating result in its history and with an excellent capital position.
Key 2019 financials at a glance
| FY18 | FY19 | Δ (LFL1) | |
VOLUMES |
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| Gross written premiums (Euro m) | 66,691 | 69,785 | +4.3% |
| of which Life | 46,084 | 48,260 | +4.5% |
| of which P&C | 20,607 | 21,526 | +3.9% |
| Life Net Inflows | 11,369 | 13,632 | +19.6% |
PROFITABILITY |
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| Operating results (Euro m) | 4,857 | 5,182 | +6.9% |
| Operating RoE | 11.3% | 12.4% | +1.1 pts |
| Net result (Euro m) | 2,309 | 2,670 | +15.7 % |
| New Business Margin (PVNBP) | 4.35% | 3.89% | -0.49 pts |
| Combined Ratio | 93.0% | 92.6% | -0.4 pts |
CASH & DIVIDENDS |
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| Net operating cash generation (Parent view, Euro m) | 1,952 | 2,142 | +9.7% |
| Dividend per share (Euro) | 0.90 | 0.96 | +6.7% |
CAPITAL |
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| Shareholder's equity (Euro m) | 23,601 | 28,360 | +20.2% |
| Solvency II ratio Regulatory view | 217% | 224% | +8% pts |
(1) Constant perimeter and exchange rates