Generali profits nosedive 85% on investment impairments

Generali profits nosedive 85% on investment impairments due to COVID-19

istock/baloncici

Italian insurance group Generali's profits plummeted almost 85 percent on COVID-19 related investment impairments in the "most difficult and uncertain periods", according to its chief financial officer Cristiano Borean.

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Generali, 2020 Results, Q1, Insurance, Reinsurance, Coronavirus, Cristiano Borean, Europe

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