Generali profit up 37.3% for first nine months despite cat losses
Italian insurer Generali posted 37.3% growth in net profit to €1,133m in the first nine months of 2012, driven by progress in production and strong growth in the life operating result.
An additional contributing factor to the profit increase was an improvement in the investment result, due in particular to a reduction in impairment losses.
The P&C operating result of €1,158m, down
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