Generali’s H1 Net Profit Drops 56.7% to €774M ($909.8M) with €84M ($98.7M) COVID Hit

Generali’s first half net profit dropped by 56.7% to €774 million ($909.8 million), compared with €1.8 billion (US$2.1 billion) reported for the same period in 2019. The combined ratio improved to 89.5% (91.8% in H1 2019), driven by the improvement …

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