Generali takes big hit on RU-UA positions; boasted €683m investments

Generali takes hit on RU-UA positions; had boasted €683m investments pre-war

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Generali ended 2021 with total investment exposure in Russia and Ukraine of €683 million, but it has since written off its operations and massively written down investment positions by some 74%.

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Generali, Russia-Ukraine Crisis, Investment & Funds, Life, P&C, Asset Management, Insurance, Reinsurance, Italy, Europe

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Generali takes hit on RU-UA positions; had boasted €683m investments pre-war

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