Generali financial results 2016 News

Generali Q2 Net Income Falls 6% on Low Interest Rates & Volatile Equity Markets

Assicurazioni Generali SpA, Italy’s biggest insurer, said second-quarter profit fell 6 percent as low interest rates and volatile equity markets hurt investment gains. Net income declined to 590 million euros ($654 million) from 626 million euros a year earlier, the …

Generali Profit Drops 14% to $672M on Lower Income from Life Business

Assicurazioni Generali SpA, Italy’s biggest insurer, said first-quarter profit fell 14 percent on lower income from its life insurance business and after record capital gains from last year weren’t repeated. The shares fell the most in three months. Net income …