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Generali reports over 11% growth in operating profit

Posted On: Mar. 15, 2023 10:00 AM CST

Italian insurer Assicurazioni Generali SpA reported a 11.2% year-on-year increase in the overall operating profit to €6.5 billion ($6.96 billion) in 2022, partly driven by premium growth in its property and casualty segment, Reinsurance News reported. It’s property and casualty gross written premiums grew by 9.8% to €28.6 billion.