Assicurazioni Generali SPA: management transactions · Italy · Consob

About Assicurazioni Generali SPA

Assicurazioni Generali S.p.A. is one of the leading insurance and asset management groups in Europe, listed on Borsa Italiana (FTSE MIB) in Italy under the ticker G.MI. Founded in Trieste on 26 December 1831, the company has evolved into a cornerstone of the Italian and European financial landscape. Its legal and central headquarters remain in Trieste, reinforcing its historic Italian identity while the group operates with a broad international footprint. Generali’s business model is organized around three complementary pillars: Life insurance, Property & Casualty (P&C), and Asset & Wealth Management. This diversification is a key strength from an investment perspective because it helps balance premium growth, underwriting performance and recurring fee income. In Life, the group offers savings, protection, pension and health-oriented solutions, alongside hybrid and unit-linked products. In P&C, Generali serves households, professionals and SMEs with a strong emphasis on non-motor lines, assistance services and protection against natural catastrophe risk. Its asset management platform supports both the group’s own insurance liabilities and third-party clients. From a competitive standpoint, Generali ranks among the largest integrated insurance and asset management groups globally. Its competitive advantages include a very large customer base, a strong multichannel distribution network and a leading position in Europe, complemented by a growing presence in Asia and the Americas. For investors, that scale matters: it provides commercial reach, resilience across market cycles and a diversified earnings profile in a sector where trust, local franchise strength and distribution quality are critical. Recent developments underline management’s focus on execution. In January 2025, Generali launched its “Lifetime Partner 27: Driving Excellence” strategic plan, aimed at profitable growth, operational simplification and stronger core capabilities. In the first half of 2025, the group reported higher operating profit and a notably stronger P&C performance, while Life net inflows remained positive. Generali also continued active portfolio management through targeted acquisitions and disposals, while further emphasizing private and real assets within its investment strategy. Overall, the company offers a defensive, diversified and internationally relevant profile that is highly representative of Italy’s large-cap insurance sector and its position on Borsa Italiana (FTSE MIB).