MILAN Feb 22 Gross premiums at Italy's biggest
insurer Generali rose by 3.2 percent from a year
earlier helped by a strong performance in Germany and Eastern
In a statement on Friday, Europe's third-biggest insurer
said premiums had risen to 69.6 billion euros ($92.03 billion)
in the year.
Premiums in both the life and non-life segments increased by
around 3 percent, with premiums in Germany and the Eastern
European countries growing twice as fast.
Italy, the group's largest market, was the worst-performing
area. Overall premiums in Generali's home turf were down 0.5
percent, hit by the economic crisis and by a 2 percent fall in
the non-life business, especially the motor segment.
($1 = 0.7563 euros)
(Reporting By Lisa Jucca; editing by Francesca Landini)