Generali Group

Generali is one of the largest global insurance and asset management providers.
190 Jahre Generali: Der Generali Tower in Mailand bei Nacht
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  3. GENERALI GROUP

Established in 1831, it is present in over 50 countries in the world, with a total premium income of €82.5 billion in 2023. With almost 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America.
Generali Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society.

At a glance

Figures as of December 31, 2023

  • Operating Result

    6,879 mln (+7.9%)

  • Worldwide Presence

    over 50 countries

  • Employees

    82thousand

In recent years, we have been through a major strategic reorganisation that has allowed us to bring in greater focus on our core business, greater discipline in the management of our assets, and simpler, more transparent governance. This process has led us into a new phase, based on more efficient business models, innovative commercial strategies, and a stronger, more global brand.

Our respon­si­ble busi­ness

Sustainability is the originator of our strategy

At Generali, everything we do is based on the notion that true economic prosperity can be achieved only if it is built on socially just and environmentally sound foundations. That’s why sustainability is the originator of our strategy: it means fostering financial performance while considering people and planet, acting for the common good to build a more resilient and just society. In short, it is about living our purpose: “to enable people to shape a safer and more sustainable future by caring for their lives and dreams”. In order to create long-term sustainable value, we identify four responsible roles to play as investor, insurer, employer, and corporate citizen.

Respon­si­ble Inves­tor

We aim at fully integrating ESG criteria into our investment choices, reducing greenhouse gas emissions from the investment portfolio to net-zero by 2050, and increasing our new green and sustainable investments, including the Fenice 190 investments to support the EU Recovery.

Respon­si­ble Insu­rer

We provide insurance solutions with ESG components, reducing greenhouse gas emissions from underwriting portfolio to net-zero by 2050, and supporting the sustainable transition of small and medium-sized enterprises (SMEs) through the SME EnterPRIZE project.

Respon­si­ble Employer

In the framework of our People Strategy, we promote diversity, equity and inclusion, upskilling our people, nurturing talent, and implementing sustainable ways of working. Our commitment to the environment and climate includes measuring, reducing and reporting the carbon footprint resulting from our own direct operations.

Respon­si­ble Cor­po­rate Citi­zen

We act to unlock the potential of people living in vulnerable circumstances through the global initiatives of The Human Safety Net Foundation, a social innovation hub powered by Generali’s skills and international network.

The ‘Lifetime Partner 27: Driving Excellence‘

The Lifetime Partner 27: Driving Excellence strategic plan sets out a clear vision for Generali in 2027. Our focus is clear: driving excellence in everything we do, building on three strategic priorities:

  • Excellence in customer relationships: enhance a seamless customer experience, innovative Group value propositions and strengthened distribution network
  • Excellence in core capabilities: accelerate growth in preferred profit pools, increase technical proficiency and scale Group-wide assets to enhance effectiveness
  • Excellence in our Group operating model: evolve Group operating model to provide distinctive competences, scalable services and productivity gains

Our plan will be enabled by the powerful combination of three strategic foundations:

  • People powered excellence: our business, and our plan, is people powered. We foster an environment that encourages continuous skills development, as well as a culture of excellence, meritocracy, and diversity.
  • AI & Data driven excellence: we are doubling down on our AI & Data efforts. Our focus is on improving customer and distributor experience, as well as driving operational efficiency and technical excellence.
  • Sustainability rooted excellence: we maintain our commitment to sustainability. We aim to create a positive impact on profit, on people, and on the planet by supporting a green and just transition and fostering societal resilience, acting as a Responsible Insurer, Investor, Employer, and Corporate Citizen.