MILAN, March 14 Generali posted on
Thursday full-year net profit of 90 million euros after net
impairments worth 1.7 billion euros, a result of CEO Mario
Greco's thorough clean-up of the Italian insurer's balance
Full-year operating profit came in at 4.2 billion euros and
the company proposed to pay a dividend of 0.2 euros per share,
unchanged from 2011.
Generali's solvency ratio, a measure of capital strength,
rose to 150 percent. The company said it expected operating
profit to continue to grow in 2013.
(Reporting by Lisa Jucca, editing by Jennifer Clark)