Generali's Ambitious Plan: Returning Over 8.5 Billion Euros to Investors

Generali, one of Europe's leading insurance companies, has unveiled an ambitious new strategy that aims to return more than 8.5 billion euros to investors through dividends and share buybacks by 2027. The company, led by CEO Philippe Donnet, is confident that its strong financial position and diversified earnings will enable it to achieve this target while continuing to drive sustainable growth.

Under the new plan, Generali targets an earnings per share (EPS) growth rate of 8% to 10% per year on average between 2025 and 2027. This is supported by a net cash flow above 11 billion euros during the same period. The insurer also plans to buy back at least 1.5 billion euros worth of shares, including a 500 million euro buyback in 2025.

The new strategy builds on the success of Generali's previous plans, such as Generali 2021, which saw the company meet or exceed all its targets despite the Covid-19 environment. The company's strong financial position, diversified earnings, consistent profitable growth, and track record of generating best-in-class shareholder returns provide a solid foundation for the new plan.

Generali's new strategy focuses on three key pillars: driving sustainable growth, enhancing the earnings profile, and leading innovation. The company aims to boost P&C revenues and maintain best-in-class technical margins by improving its market share in areas with significant growth potential. It also plans to grow its capital light business, technical profits, and ESG product range, as well as undertake a comprehensive Life business transformation to improve profitability.



To achieve its ambitious targets, Generali will invest 1.1 billion euros in technology and digital transformation between 2022 and 2024, up by 60% on its previous strategic plan. The company will also launch a 250 million euro insurtech venture fund to harness high-potential opportunities.

Generali's new strategy demonstrates the company's commitment to creating value for all stakeholders, including customers, employees, and shareholders. By focusing on sustainable growth, enhancing its earnings profile, and leading innovation, Generali is well-positioned to achieve its ambitious targets and continue to be a leading player in the insurance and asset management sectors.