- Generali Switzerland achieved its financial goals in the 2017 financial year. Once again, there were no major elementary events, which consequently had a positive impact on the trend in claims.
- Generali Switzerland systematically continued implementation of the new strategy launched the previous year.
«Thanks to the great dedication and commitment of our employees, we are on schedule with our transformation process. The figures for the year under review also reflect this. We will systematically continue to implement our Strategy 2020», says Andreas Krümmel, CEO of Generali Switzerland. «With new products designed even more specifically for the respective target groups, we will further expand our customer relationships while continuing to strengthen our earnings position».
Report on the financial situation (Public Disclosure) to replace the old annual report
To comply with the new disclosure requirements for insurance companies (Public Disclosure), Generali Switzerland is replacing its previous annual report with a «Report on the financial situation». For the 2017 business year, Generali Switzerland is presenting their own financial reports for the first time for Generali Personal Insurance Ltd., Generali General Insurance Ltd., and Fortuna Legal Protection Insurance Ltd.
The complete «Reports on the financial situation» 2017 with commented key figures and annual financial statements are published under generali.ch/geschaeftsbericht2017.
Innovation and digitisation as strategy drivers
Generali Switzerland has consistently kept to its schedule with strict adherence to the keywords innovation and digitisation. An in-house innovation team was set up in 2017, which, in collaboration with universities and start-ups, is creating an idea pipeline geared towards satisfying current customer needs in the digital age. The first Swiss on-demand insurance was launched at the end of 2017 with the company’s own start-up: LINGS.