Generali’s profits halve to €774m in H1 as P&C fairs well

Generali’s net result was down 57% in the first half of 2020 to €774m, after booking €226m of investment impairments that were hit by Covid-19. The group also booked €183m in a settlement with BTG Pactual to end arbitration for the sale of BSI and a €100m contribution to the Extraordinary International Fund launched by Generali for the pandemic. The…

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