Generali releases transcript of 1H 2026 results conference call

• Generali published the transcript of its 1H 2026 earnings conference call with analysts and investors on Aug. 7.
• Management reported gross written premiums of EUR 53.4 billion, operating result of EUR 4.5 billion, adjusted net result of EUR 2.5 billion.
• Solvency 2 ratio was 216%, despite a EUR 500 million buyback; CFO flagged a 15 percentage point uplift from the Solvency 2 review.
• Deputy CEO put claims inflation at 4%-5%; motor pricing slightly ahead of risk premium; Germany showed a non-motor inflation pickup.
• Management estimated July nat cat losses at about EUR 300 million; wildfires in France and Spain booked as man-made, under EUR 100 million.

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