Assicurazioni Generali S.p.A. (ARZGY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. This is the Chorus Call conference operator. Welcome and thank you for joining the Generali Group Half Year twenty twenty six Results Presentation. As a reminder, all participants are in listen only mode. After the presentation, there will be an opportunity to ask questions. At this time, I would like to turn the conference over to Mr. Fabio Kliva, Head of Investor and Rating Agencies Relations. Please go ahead, sir. Hello, everyone and thank you for joining our first half twenty twenty six results call. Here with us today, we have the Group CEO, Philippe Donne the Deputy Group CEO, Giulio Terzarriol the Group General Manager, Marco Sisana and the Group CFO, Cristiano Borian. Before opening for Q and A, let me hand over to Philippe for some opening remarks. Thank you, Fabio, and thanks to all of you for joining this call. Generali's excellent financial results for the first half of twenty twenty six demonstrate the strength, profitability and very solid capital position of our group once again. We have now reached the halfway mark in the execution of lifetime partner 27 driving excellence and these results reinforce our confidence in our ability to successfully deliver our fourth strategic plan in a row. I am going to focus on five key messages. First, we recorded a strong performance across all key metrics, thanks to the robust contribution of every business segment. Gross written premium reached €53,400,000,000 up 5.8% from half year twenty twenty five, driven by both Life and Property Casualty. The operating result achieved excellent growth to €4,500,000,000 up 11.2%, again thanks to all business segments. This led to a 13.7% progress in the adjusted net result to €2,500,000,000 leading to an adjusted earnings per share growth of 14.3%. And thanks ...