Generali loses motor market share in Italy and France
Italian insurer Generali saw a 4.6% property and casualty profit decline in the first quarter after it counted the cost of storms in Italy, Germany and Austria.
The storms cost the insurer €100m (£72m), €30m more than similar catastrophes in Q1 2014. As a result, the overall COR was 93.3% (a deterioration of 0.7 pecentage points).
Gross written premiums in
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