Generali Group: Consolidated Results at 31st December 2009

March 17th The Board of Directors of Assicurazioni Generali, chaired by Antoine Bernheim, approved the consolidated financial statements and the parent company preliminary financial statements for 2009. In another difficult year at a macro-economic level and for the insurance industry, the Group results reflect Generali’s ability to continue to pursue organic growth, with record premiums of more than € 70 billion and improved profitability. Its success mirrored a strong recovery in the second half of the year, with the fourth quarter reporting premium growth of 20% and 82.8% increase in the operating result (compared with 4Q08). Commenting on the results, Generali Chairman Antoine Bernheim said: “The strong progress we made during another year of crisis confirms Generali as one of the industry’s global leaders in terms of financial solidity and in terms of its ability to enhance Group value significantly in a very tough period. This is the reward for our strategy that has successfully looked beyond the financial backdrop to build a sustainable business in the long term based on geographic spread and a diversified distribution network.” Click Here to View Consolidated Results 2009