Generali beats Q2 profit forecasts, H1 earnings top estimates

Italian insurer Generali announced second-quarter net income of €1.37 billion, exceeding the €1.21 billion analyst consensus. Operating profit for the quarter came in at €2.27 billion, above the €2.17 billion estimate.

For the first half of the year, net income reached €2.54 billion, compared with an expected €2.38 billion. Operating profit was €4.51 billion, topping the forecast of €4.4 billion.

The results underscore a solid earnings beat across both top-line metrics, with no immediate breakdown provided by the company.