P&C business drives growth at GeneraliItalian insurance giant Generali has posted an operating profit of EUR1.3bn ($1.56bn) in the first quarter, up five percent on the back of an improved performance in the property and casualty (P&C) segment.
Generali Germany CEO hints at P&C acquisitionsGenerali’s chief executive for Germany Giovanni Leverani has suggested that the company may use the proceeds from its run off of its local life business to fund acquisitions in the P&C sector.