|Bid||15.280 x 0|
|Ask||15.330 x 0|
|Day's Range||15.29 - 15.40|
|52 Week Range||13.62 - 17.13|
|Beta (3Y Monthly)||1.14|
|PE Ratio (TTM)||10.98|
|Earnings Date||Mar 14, 2019|
|Forward Dividend & Yield||0.85 (5.69%)|
|1y Target Est||16.43|
Moody's Investors Service ("Moody's") has today assigned a Baa3(hyb) rating to the EUR500 million fixed rate senior dated subordinated Tier 2 notes due 2029 to be issued by Assicurazioni Generali S.p.A (Generali, Baa2 senior unsecured rating, stable outlook) under its EUR15 billion EMTN programme. The Baa3(hyb) rating is two notches below Generali's Baa1 insurance financial strength rating reflecting (i) the dual role of Generali which acts as both a holding company and an internal reinsurer for the Generali group (ii) Generali's reliance on subsidiary dividends, as opposed to own generated reinsurance cash flows, mitigated by the benefits from the geographically diversified sources of dividends originated outside Italy (iii) the current level of cash flows available at the holding company which in 2017 covered around 4x interest and holding expenses.
France’s Casino has struck a deal to sell a portfolio of hypermarkets and supermarkets to Fortress Investment Group , completing a €1.5bn disposal programme announced last year as the retailer came under ...
The amendment to Europe's Capital Requirements Regulations (CRR) would extend the deadline for the deductions to Dec. 31, 2024 from the end of this year, according to a draft of the EU banking package seen by Reuters. In Italy, a change to the CRR would mean Mediobanca (MDBI.MI) would not immediately have to deduct its 13 percent stake in insurer Generali (GASI.MI) from its own capital base. Mediobanca plans to fully deduct the holding by the end of 2018.
Since Assicurazioni Generali SpA (BIT:G) released its earnings in June 2018, the consensus outlook from analysts appear somewhat bearish, as a 7.0% rise in profits is expected in the upcoming Read More...
The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list ...
Generali (GASI.MI) has earmarked up to four billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia to fuel earnings. Italy's top insurer -- which generates most of its revenues in Italy, France and Germany -- said in its new plan covering the next three years it was keen to strengthen its position as Europe's top player. It said Asian and Latin America markets could provide up to 25 percent of annual earnings growth.
SpA (G.MI) plans to reduce its debt as it eyes growth in Asia and Latin America, it said Wednesday, presenting its 2019-21 strategy ahead of its investor day. The insurer plans to strengthen its presence in some European markets and wants to “deliver profitable growth in Asia and Latin America,” it said.
A global standards body has proposed a one-year delay to implementing its new accounting rule aimed at increasing visibility in how insurers earn money, after the industry said it needed more time to prepare for such a sweeping change. A spokeswoman for the International Accounting Standards Board (IASB) said that at a meeting on Wednesday the IASB backed a 12-month delay to January 2022. The insurance industry had called for introduction of the rule to be delayed until 2023.
Global insurance regulators have proposed suspending publication of their list of systemic insurers who must comply with tougher capital rules, in a victory for the industry. The International Association ...
Above-forecast earnings from Societe Generale and Commerzbank and encouraging figures from France’s Sodexo set an upbeat tone for Europe’s corporate news on Thursday.
Rating Action: Moody's affirms ratings on Assicurazioni Generali S.p.A, confirms Allianz S.p.A., downgrades Unipol Gruppo S.p.A. - Assicurazioni Generali S.p.A: Baa1 insurance financial strength rating (IFSR) affirmed, outlook stable.
Italy's Deputy Prime Minister Matteo Salvini said on Monday he hopes credit agencies show no prejudice towards Italy when they review their ratings of the country's debt, and again ruled out an exit from the euro. Moody's, which has a negative outlook on Italy's Baa2 rating, has been waiting for Rome to announce its fiscal plans and said it would pass judgment by the end of October. Standard & Poor's, that rates Italy's debt "BBB" with a stable outlook, is scheduled to review its rating on Oct.26.
For investors, increase in profitability and industry-beating performance can be essential considerations in an investment. Below, I will examine Assicurazioni Generali SpA’s (BIT:G) track record on a high level, to Read More...
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to begin learning the link between Read More...
Assicurazioni Generali SpA (BIT:G) had a relatively subdued couple of weeks in terms of changes in share price, which continued to float around the range of €14.17 to €15.33. However,Read More...
Assicurazioni Generali SpA showed its money-management ambitions with a $4 billion bet on a new firm headed by former AllianceBernstein chief Peter Kraus that seeks to turn the industry fee system on its head. The commitment makes good on Chief Executive Officer Philippe Donnet’s promise to increase the share of earnings Generali gets from asset management. “Portfolio managers will say they all want to perform, but at the end of the day, if they don’t, they get paid basically the same as when they do perform.
Philippe Donnet, Generali Group CEO, joins 'Squawk Box' to weigh in on why he doesn't see interest rates going up, the G-20 summit and his thoughts on Fed chair Jerome Powell's comments on Wednesday.