Profits at Generali plummet 40% in nine months amid COVID-19 and its economic toll


Profits fell sharply at Italian insurer Generali in the first nine months of 2020 due to the "heavy macroeconomic and financial impact" of the ongoing COVID-19 pandemic, according to its chief financial officer Cristiano Borean, who highlighted its resilience, improving technical margins and capital position.

Generali, 2020 Results, Insurance, Reinsurance, COVID-19, Cristiano Borean, Europe

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