Financial Data and Key Metrics Changes - The private equity contribution operating result for the group in the first 9 months is €540 million [8] - The dividend paid by private equity in the first 9 months is €164 million [12] - The cost income ratio increased to 43% in Q3 from 37% in Q2, attributed to investments in IT and distribution [11] Business Line Data and Key Metrics Changes - The operating result split for non-Life insurance was discussed, with a focus on the reserve releases being 6% in Q3 [10] - Performance fees in asset management accounted for slightly more than €19 million in the first 9 months [12] Market Data and Key Metrics Changes - Non-life premium growth reported at 6.2%, with motor line growth at 5% and non-motor line growth at 6% [70] - Premium growth observed in Italy, France, Austria, Central Eastern Europe, and Russia, with a notable 16% increase in global corporate commercial business [72] Company Strategy and Development Direction - The company aims to achieve full integration of Cattolica through a merger, with a current ownership of 84.475% [20] - M&A is viewed as a means to diversify earnings and achieve strategic goals, with €1 billion available for potential acquisitions [33][43] Management Comments on Operating Environment and Future Outlook - Management indicated that the fourth quarter will likely see positive contributions from private equity, although not as high as the first three quarters [17] - The frequency benefits in motor insurance are not fully neutralizing, with some countries still below pre-COVID levels [21] Other Important Information - The organic capital generation for Q3 is reported at 3 percentage points of solvency capital generation [56] - The average cost in property insurance has seen a slight increase, but remains immaterial at 0.2% to 0.3% [31] Q&A Session All Questions and Answers Question: Private equity exposure results and dividend by division - Management provided the private equity contribution operating result and indicated that full details will be available in year-end numbers [8][9] Question: Non-Life operating results split - Management suggested looking at the broader 9-month results rather than focusing solely on Q3 due to high levels of natural catastrophes [10] Question: Asset management revenue margin and cost income ratio - Management confirmed that the increase in cost income ratio is not due to volatility but is part of a strategic investment in infrastructure [11] Question: Guidance for private equity gains in Q4 - Management expects a positive contribution in Q4, though not as high as the average of the first three quarters [17] Question: Options for Cattolica minority squeeze-out - Management confirmed plans to achieve full integration through a merger, with the project to be presented to the Board for approval [20] Question: Motor experience and COVID impact - Management noted that frequency benefits are not fully neutralizing and that some countries are still below 2020 levels [21] Question: Life new business margin drivers - Management highlighted better product features and a larger production of profitable products as key drivers for the strong margin [50] Question: Update on internalization of unit-linked funds - Management indicated that the internalization of unit-linked assets is progressing well and will be further communicated in December [55] Question: Organic capital generation for Q3 - Management confirmed an organic capital generation of 3% before deducting dividends [56] Question: Non-life premium growth and pricing environment - Management provided insights into premium growth across various markets, highlighting strong performance in Italy and France [70][72]

Assicurazioni Generali S.p.A. (OTCPK:ARZGF) Q1 2021 Earnings Conference Call May 18, 2021 6:00 AM ET Company Participants Giulia Raffo - Head, Investor and Rating Agency Relations Cristiano Borean - Group Chief Financial Officer Conference Call Participants Peter Elliot - Kepler Cheuvreux Andrew Sinclair - Bank of America Andrew Ritchie - Autonomous Farooq Hanif - Credit Suisse Michael Huttner - Berenberg James Shuck - Citi William Hawkins - KBW Andrea Lisi - Equita Gian Luca Ferrari - Mediobanca Steven Hay ...

Assicurazioni Generali S.p.A. (OTCPK:ARZGF) Q4 2020 Earnings Conference Call March 11, 2021 6:00 AM ET Company Participants Giulia Raffo - Group Head-Investor and Rating Agency Relations Philippe Donnet - Group Chief Executive Officer Cristiano Borean - Group Chief Financial Officer Conference Call Participants Andrew Sinclair - Bank of America Peter Eliot - Kepler Cheuvreux Farooq Hanif - Credit Suisse Andrew Ritchie - Autonomous William Hawkins - KBW Nick Holmes - Societe Generale Michael Huttner - Berenb ...

GENERALI GROUP 2020 Results The like for like change of written premiums and life net cash inflows is on equivalent terms (on equivalent exchange rates and consolidation area). Operating result, Asset Under Management and Life technical provisions exclude assets under disposals or disposed during the period. 2019 numbers for PVNBP, NBV and NBM are presented on historical basis, without excluding asset disposals. The like for like change are on equivalent terms. Agenda I. Strategy Overview Page 3 II. Group F ...

Assicurazioni Generali S.p.A. (OTCPK:ARZGF) Q2 2020 Earnings Conference Call July 30, 2020 6:00 AM ET Company Participants Giulia Raffo - Head, Investor & Rating Agency Relations Philippe Donnet - Managing Director, Group Chief Executive Officer & Director Cristiano Borean - Group Chief Financial Officer Frédéric de Courtois - General Manager Timothy Ryan - Group CIO & Chief Executive Officer, Asset & Wealth Management Conference Call Participants Andrew Sinclair - Bank of America Peter Eliot - Kepler Cheuv ...

GENERALI GROUP 2020 First Half Results The like for like change of written premiums and life net cash inflows is on equivalent terms (on equivalent exchange rates and consolidation area). Operating result, Asset Under Management and Life technical provisions exclude assets under disposals or disposed during the period. 1H19 numbers for PVNBP, NBV and NBM are presented on historical basis, without excluding asset disposals. The like for like change are on equivalent terms. 2 Agenda I. Strategy Overview Page ...

Financial Performance - Generali's operating result increased by 7.6%[1] - Generali's net profit is reported[1] - The combined ratio decreased by 2.0 percentage points[1] - Inflows decreased by 25.2%[1] Capital Position - The Group's capital position is solid[1] Ratios - The preliminary ratio is 4.09, a decrease of 0.35 percentage points[1]

Assicurazioni Generali S.p.A. (OTCPK:ARZGF) Q1 2020 Earnings Conference Call May 21, 2020 6:00 AM ET Company Participants Giulia Raffo - Head, Investor & Rating Agency Relations Frédéric de Courtois - General Manager Cristiano Borean - Group Chief Financial Officer Conference Call Participants Andrew Sinclair - Bank of America Peter Eliot - Kepler Cheuvreux Andrew Ritchie - Autonomous Michael Huttner - Berenberg Farooq Hanif - Credit Suisse William Hawkins - KBW Nick Holmes - Societe Generale Gianluca Ferra ...

Assicurazioni Generali S.p.A. (OTCPK:ARZGF) Q4 2019 Earnings Conference Call March 13, 2020 7:00 AM ET Company Participants Giulia Raffo - Head of Investor & Rating Agency Relations Philippe Donnet - Group Chief Executive Officer Frédéric de Courtois - General Manager Cristiano Borean - Group Chief Financial Officer Tim Ryan - Group Chief Investment Officer & Chief Executive Officer Asset & Wealth Management Marco Sesana - Chief Executive Officer of Generali Italia & Country Manager of Italy Jean-Laurent Gr ...

GENERALI GROUP 2019 Results The like for like change of written premiums and life net cash inflows is on equivalent terms (on equivalent exchange rates and consolidation area). Operating result, Asset Under Management and Life technical provisions exclude assets under disposals or disposed during the period. 2018 numbers for PVNBP, NBV and NBM are presented on historical basis, without excluding asset disposals. The like for like change are on equivalent terms. 2 Agenda I. Strategy Overview Page 3 Philippe ...