Media release ,  21.5.2026

Generali continues to deliver strong growth, supported by all segments. Solid capital position confirmed

• Gross written premiums reached € 28.2 billion (+6.8%) driven by both Life (+7.5%) and P&C (+5.8%)
• Continued positive Life net inflows at € 4.3 billion, thanks to all business lines. New Business Value grew substantially to € 977 million (+19.1%)
• Combined Ratio at 90.5% (+0.8 p.p.) and undiscounted Combined Ratio at 93.1% (+1.1 p.p.) both impacted by Nat Cat events
• Asset & Wealth Management increased strongly (+15.5%) thanks to both Asset Management and Banca Generali
• Operating result grew significantly to € 2.2 billion (+8.1%), with positive contribution from all segments
• Adjusted net result increased to € 1.3 billion (+5.2% or +9.3% excluding a one-off tax component1). Adjusted EPS rose to € 0.84 (+6.0% or +10.2% excluding the same one-off tax component)
• Solid capital position with Solvency Ratio at 212% (219% FY2025)

The press release of the international Generali Group is available for download.