Italy's largest insurer, selling life and property/casualty insurance across Europe and Asia, plus asset management.
Collects premiums on life and non-life policies and invests the money until claims are paid, so profit comes from underwriting results plus investment income on its reserves. Italy, France and Germany are the core markets, and asset management adds fee income.
In one line: Italy's MetLife/Prudential.
Products and services
Life insurance & savings
Property & casualty insurance
Asset management (Generali Investments)
Customers
Individual policyholders (Italy, Europe)
Corporates
Institutional investors
Where it sits in the supply chain
Insurance
Underwriting
Life insurance, P&C insurance, asset…
What could go right
European life insurance demand
Asset management fee growth
Asia expansion
What could go wrong
Interest rate sensitivity of life reserves
Italian sovereign bond exposure
Regulatory capital (Solvency II) requirements
Moat: narrow (scale, brand, distribution). Deep distribution network and brand across Italy/Europe, though insurance pricing power is limited by competition.
SizeAssicurazioni Generali (G.MI) is an Italy Financials company (Insurance Brokers/Services) with a market value of $73.8B, the 6th largest of 123 Italy companies the cockpit tracks. Shares closed at €43.73 on 6 Nov 2026.
Performance Over six months the shares gained 11.6%, against +28.1% for the median peer and +3.1% for the Italy market (cap-weighted) — 2nd lowest of 6 in its peer set.
Growth Revenue fell 8.1% over the last twelve months (peer median +7.6%); the operating margin is 10.6% (peer median 23.9%).
Valuation It trades at 2.06× book value against a peer median of 3.91× (2nd cheapest of 6).
Price implies The share price implies a return on equity of about 16.5%; Assicurazioni Generali delivers 14.7%, so the price asks more than the business earns today.
Next results Next results expected around 9 Mar 2027 (exchange calendar; dates can move).
Relative performance
Six months, rebased to 100: Assicurazioni Generali against the median of its 5 peers (local-currency closes).
Assicurazioni Generali financials
Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Performance: 6-month against 1-month return
Up and to the right = strong over both horizons. Assicurazioni Generali is the large dot.
Fundamentals: return on equity against price-to-book
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Assicurazioni Generali is the large dot.
Capital: ROE delivered against the ROE the price implies
Above the diagonal = the price asks for a higher return on equity than the business earns today. Assicurazioni Generali is the large dot.
Assicurazioni Generali competitors and peer comparison
Head to head with its named competitors (G.MI vs ALV.DE vs CS.PA vs ZURN.SW)
How Assicurazioni Generali compares with its peers
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
Assicurazioni Generali against its 5 peers (data as of 6 Nov 2026)
Measure
G.MI
Peer median
Rank in peer set
1-month return
+6.6%
+15.9%
lowest of 6
6-month return
+11.6%
+28.1%
2nd lowest of 6
Return on equity
14.7%
20.2%
3rd lowest of 6
Price / book
2.06×
3.91×
2nd cheapest of 6
Trailing P/E
14.8×
22.8×
cheapest of 6
ROE the price implies
16.5%
19.0%
3rd least demanding of 6
ROE delivered
14.7%
20.2%
3rd lowest of 6
Peer table
Peer set: Industry: the same industry and sector in any market, nearest in size
Who are Assicurazioni Generali's main competitors?
Named competitors: Allianz (ALV.DE), AXA SA (CS.PA), Zurich Insurance (ZURN.SW), Poste Italiane (Poste Vita) (PST.MI), Intesa Sanpaolo (ISP.MI). The cockpit's measured peer set (industry) also includes Arthur J. Gallagher & (AJG), Aon (AON), Marsh McLennan (MRSH), Willis Towers Watson (WTW), Brown & Brown (BRO).
Is Assicurazioni Generali expensive compared with its peers?
On price / book it trades at 2.06× against a peer median of 3.91×, 2nd cheapest of 6 in its peer set. The share price implies a return on equity of about 16.5%; Assicurazioni Generali delivers 14.7%, so the price asks more than the business earns today.
How has Assicurazioni Generali stock performed?
Over six months to 6 Nov 2026 the shares returned +11.6% against +28.1% for the median peer; over one year +33.4%.