Generali posted a rise in first-half operating profit thanks to contributions from its life and wealth management businesses, while its non-life segment suffered a higher impact from natural disasters, Italy's top insurer said on Friday.
First-half operating profit, which is most closely watched by the market, rose 1.6% to 3.72 billion euros, broadly in line with a company consensus. Chief Executive Philippe Donnet said in a statement that Generali was "fully on track" to meet all the "ambitious" targets of its strategic plan until 2024.