SORT BY

FILTER BY

also on other fortune lists

company facts

g500 stats

Global 500

Daniel Kalker — AP

49

Assicurazioni Generali

ARZGY

Italy

Assicurazioni Generali is Italy’s largest insurer and the third largest in Europe. But like other European insurers, the company’s been feeling the squeeze of low interest rates and a crowded competitive landscape. Generali, which appointed Philippe Donnet as its new CEO in March after former chief Mario Greco headed to rival Zurich Insurance Group, is overwhelmingly dependent on its life insurance business. More than 70% of its revenues have stemmed from this segment in recent years, and the lack of diversification has hit earnings. The company’s first-quarter profits for 2016 fell 14%; but Generali is still aiming to deliver operating return on equity that exceeds 13% for the full year. The insurer has said it plans to branch out more into asset management and fee-based services going forward.

CEO

Philippe Donnet

Sector

Financials

Industry

Insurance: Life, Health (stock)

HQ Location

Trieste, Italy

Employees

76,191

Years on Global 500 List

22

Includes revenues from discontinued operations.Figures prepared in accordance with International Accounting Standards.
Key Financials (last fiscal year)
($ Millions)% change
Revenues ($M)$102,567-13.7%
Profits ($M)$2,2521.6%
Assets ($M)$543,696
Total Stockholder Equity ($M)$25,596
Profit Ratios
Profit as % of Revenues2.2%
Profits as % of Assets0.4%
Profits as % of Stockholder Equity8.8%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
  • Next Earnings Date:
  • High:
  • Low:
  • 52 Week High:
  • 52 Week Low:
  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
  • EPS:
  • Dividend Yield: n/a

News about Assicurazioni Generali

Italy's Election Stalemate Sends the Country's Stocks Into a Tailspin

No party or coalition has reached the 40% threshold for governance.

Read More →
BSI becomes first Swiss bank to settle under DoJ tax program

Costs for U.S. taxpayers caught using Swiss banks to hide assets set to double after landmark ruling.

Read More →