(Tiper Stock Exchange) – generals achieves the best operating result ever in 2022, with premiums and net income growing further. The capital position is extremely solid.
In detail: Record operating result to 6.5 billion (+11.2%), mainly driven by Life, together with the growth of Non-Life, ed Net income growing to 2.912 billion (+2.3%). The capital position is extremely solid, with Solvency Ratio to 221% (227%
of the whole of 2021).
The BoD will propose to the next shareholders’ meeting the distribution of a dividend per share increasing at 1.16 euro per share (+8.4% compared to that distributed for the previous year), which “confirms the Group’s focus on shareholder remuneration”. The dividend will be paid starting from 24 May 2023 and the shares will be traded without the right to the dividend from 22 May 2023. The proposed dividend involves a maximum total disbursement of 1.79 billion.
THE gross premiums they amount to 81.5 billion (+1.5%) with strong growth in non-life (+9.8%), in particular in the non-motor segment. net collection Life it stands at 8.7 billion (-36.1%).
“Generali’s results confirm the success of our transformation journeywhich is continuing with the disciplined and effective implementation of the Lifetime Partner 24: Driving Growth strategy said the Group CEO of Generali, Philippe Donnet -. Thanks to a clear vision of the Group’s positioning as a global leader in the insurance and asset management sector, we are on track to deliver on the goals and ambitions of our strategic planpursuing growth
sustainable that, even in a context characterized by exceptional geopolitical and economic challenges, creates value for all our stakeholders. This allows us to offer our shareholders a further growing dividend, thanks to the constant increase in profits and the strong equity and financial position of the Group. Generali also continues to be a leader in sustainability, now fully integrated into all our activities, in line with our commitment to act as a responsible insurer, investor, employer and corporate citizen. All this was possible thanks to the constant commitment of our people and a network of agents without equal”.
Plan targets up to 2024 confirmed
Thanks to the results achieved in 2022, Generali “confirms all the objectives of the strategic plan”, which is based – recalls the Group – on solid financial performance, an excellent customer experience and an ever greater social and environmental impact. In particular, the group intends to pursue sustainable growth, improve the earnings profile and drive innovation to achieve a compound annual growth rate of earnings per share over the period 2021-2024 between 6% and 8%. , generate net free cash flows at the parent level in the period 2022-2024 in excess of €8.5 billion and distribute cumulative dividends to shareholders in the period 2022-2024 in the amount of between €5.2 and 5.6 billion.