The Italian insurance group Generali closed the first half of 2026 with a net profit of 2.538 billion euros, representing an increase of 17.9% compared to the same period of the previous fiscal year, according to a statement made this Thursday when releasing its semiannual results.
"Looking to the future, we will maintain this positive evolution thanks to our consistency, discipline, and long-term vision, and we will remain fully committed to the ambitious objectives of our plan and to creating value for all our stakeholders," said Generali's CEO, Philippe Donnet.
The adjusted net result, once excluding investment volatility, the effects of hyperinflation, intangibles, and other extraordinary items, stood at 2.543 billion euros, 13.7% higher than the comparable figure from the first half of 2025.
Between January and June, Generali's gross premiums reached 53.419 billion euros, representing an advance of 5.8%. In the Life business, premiums increased by 5.5%, to 33.449 billion euros, while in the Non-Life segment they totaled 19.971 billion, with a rise of 6.3%.
The consolidated operating result of the group amounted to 4.505 billion euros in the first half of the year. In Spain, the operating result of the Life segment was 116 million, 14.9% more, and that of Non-Life reached 159 million, which implies an improvement of 51.4%.
The asset and wealth management division closed the semester with an operating result of 735 million euros, 31.3% higher, largely driven by Banca Generali. The total volume of assets under management stood at 944.038 billion euros, 4.9% more.
In addition, the insurance group has announced a share buyback program for an amount of 500 million euros, which may be executed in one or several tranches and without exceeding 2% of the company's share capital.