Generali

G: XMIL (ITA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€53.19	Pvtys	Fhjpgnf

Good First-Quarter 2022 Results From Generali; Likely to Raise Our Fair Value Estimate

Henry Heathfield

May 19, 2022

While Generali’s results for first-quarter 2022 with 6.1% growth in gross written premiums that has not flowed to the bottom line, we think overall, the results look good and we are likely to raise our fair value estimate. We maintain our no moat rating.

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