Profile - Generali Group (2024)

Generali is one of the largest global insurance and asset management providers.

Profile - Generali Group (1)

Generali is one of the largest global insurance and asset management providers. Established in 1831, it is present in over 50 countries in the world, with almost 82 thousand employees and 164 thousand agents serving 70 million customers (Figures as at December 31, 2023).

In recent years we have been through a major strategic reorganisation that has allowed us to bring in greater focus on our core business, greater discipline in the management of our assets, and simpler, more transparent governance. This process has led us into a new phase, based on more efficient business models, innovative commercial strategies, and a stronger, more global brand.

We are inspired and motivated in what we do by our purpose "enable people to shape a safer and more sustainablefuture by caring for their lives and dreams".

The commitment to sustainability is one of the enablers of our strategy, and our ambition is to be the Lifetime Partner to our customers, offering innovative and personalized solutions thanks to an unmatched distribution network.

Profile - Generali Group (2)

Figures as at December 31, 2023

Global presence

Since the very beginning, our strong international vocation has set us apart and is one of our greatest strengths. We have a leading position in Europe and a growing presence in Asia and Latin America.

Our international presence is our greatest strength: Generali is a major, Europe-centric company that however is continuing to build its presence selectively, also in Asia and South America.

In particular, we are the leading insurer inItaly, one of the leading primary insurance groups in theGerman market, while inFrancewe are eighth in the life insurance segment, eighth in the P&C segment, and fourth in A&H.

The Group boasts a presence in thecentral-eastern Europeanarea for nearly 200 years and after the re-opening of the markets in 1989, it has strengthened its position over the years, becoming one of the largest insurance companies in this area.

The Group has an increasingly significant presence also inAsiaandSouth America, areas where it is seeking to continue its growth.

Group's Key Figures (€ mln)

20232022*
GROSS WRITTEN PREMIUMS82,46679,019
OPERATING RESULT6,8796,374
NET PROFIT3,5753,133
GROUP SHAREHOLDER'S EQUITY28,96826,650

* The Group FY2022 results presented last year have been restated.

Profile - Generali Group (3)

Figures as at December 31, 2023

Profile - Generali Group (2024)

FAQs

Is Generali a good company? ›

Generali has a 4.57 rating out of 14,000-plus reviews on InsureMyTrip and a 4.33 rating out of about 4,500 reviews on Squaremouth.

Who owns Generali Group? ›

Shareholder structure

13.10% Mediobanca S.p.A. 9.77% Del Vecchio Group. 6.23% Caltagirone SpA (Francesco Gaetano Caltagirone) 4.83% Benetton Group (through Edizione holding)

What does Generali Group do? ›

Generali is one of the largest global insurance and asset management providers. Generali is one of the largest global insurance and asset management providers.

How do I claim on Generali insurance? ›

Submit a Claim
  1. Contact us to give immediate notification of the claim and download the claim form. ...
  2. Submit the completed claim form and the listed supporting documents to your nearest branch or to your Agent within 30 days from the date of incident.

How many employees does Generali have? ›

Our Group operates in over 50 countries, with almost 82,000 employees, offering 70 million customers a wide range of products, services and solutions in insurance and asset management.

Who is the most trusted insurance company? ›

Best Car Insurance Companies of August 2024
Best car insurance categoryCompany winner
Best insurance company overallTravelers
Best insurance company for affordabilityAmerican Family
Best insurance company for accident forgivenessGeico
Best insurance company for having few customer complaintsNJM
4 more rows
Aug 19, 2024

How much is Generali worth? ›

Market cap: €36.95 Billion

As of August 2024 Generali has a market cap of €36.95 Billion. This makes Generali the world's 485th most valuable company by market cap according to our data.

Who is the CEO of Generali Insurance? ›

The Insurance Division led by CEO Insurance, Giulio Terzariol, will drive insurance business performance across all geographies, enhancing coordination, strategic alignment and a closer proximity to markets, by adopting a streamlined and simplified organizational model.

What is the history of Generali Group? ›

It all began in Trieste on December 26, 1831 at the initiative of the entrepreneur Giuseppe Lazzaro Morpurgo. In a short time, agencies were opened in all Italian states, in the major cities of the Empire, from Vienna to Pest, and in the principal ports of Europe.

Who took over Generali? ›

The Utmost Group of Companies completes the acquisition of Generali Worldwide and Ireland-based Generali Link. The Utmost Group of Companies (“Utmost”) is pleased to announce that it has completed the acquisition of Generali Worldwide Insurance Company Limited (“Generali Worldwide”) and Generali Link.

Is Generali a public company? ›

Assicurazioni Generali is a listed company on the Milan Stock Exchange. The share capital has been entirely subscribed to and paid in, and amounts to € 1,602,736,602.13 divided into 1,569,420,004 shares.

What language is Generali? ›

Generali is an Italian surname.

How long does a Generali claim take? ›

Once all the necessary documentation has been received, we guarantee that your claim will be processed within seven days. That applies for household contents, personal liability, comprehensive and partial accidental damage insurance.

What country is Generali insurance from? ›

Established in Italy in 1831, Generali is one of the largest insurance companies in the world. We first gained our foothold in Europe then followed with South America and Asia and have since been providing insurance services to corporates and individuals for 189 years.

How do I check my Generali claim status? ›

You can monitor the status of your claim at the eClaims portal. Should you have any questions about completing your forms or the process in general, start with our Chatbot available at the eClaims Portal.

Is Generali good travel insurance? ›

Generali's travel insurance policies are significantly more inclusive compared to the specific inclusions found on competitors' policies. Coverages are generous. For example, while providers like Trawick have trip interruption coverage of 100% of plan expenses, Generali's plans cover more — up to 175% of costs.

What is the best travel insurance to buy? ›

The Best Travel Insurance Companies
  • AXA Assistance USA – Best for Baggage.
  • Generali Global Assistance – Great for Pre-Existing Medical Condition Coverage.
  • Travelex – Best for Families.
  • HTH Worldwide Travel Insurance – Best for Trip Interruption.
  • Nationwide – Great for Cruise Itinerary Change/Inconvenience.
Aug 16, 2024

How long does Generali take to process a claim? ›

When a claim is reported to us, we immediately initiate the claims handling process. Once all the necessary documentation has been received, we guarantee that your claim will be processed within seven days. That applies for household contents, personal liability, comprehensive and partial accidental damage insurance.

What is the Generali travel insurance lawsuit? ›

(together, "Generali"), alleging breach of insurance contracts and related non-contract claims. The plaintiffs alleged that they incurred losses because they planned and paid for travel that was canceled because of restrictions that were occasioned by Covid-19.

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