Generali

G: XMIL (ITA)

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Generali Earnings: Good Core Earnings With a Small Asset Management Cost Control Disappointment

Henry Heathfield

Mar 12, 2026

Generali reported a pretty nice high-single-digit rise in consolidated operating profit to EUR 8.004 billion in 2025, predominantly driven by a double-digit improvement in property and casualty operating profit, complemented by life. Asset management and holding expenses were a small disappointment.

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Generali

Generali Earnings: Good Core Earnings With a Small Asset Management Cost Control Disappointment

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