1345 GMT - Generali is among the most mentioned companies across news items over the past 12 hours, according to Factiva data, after the Italian insurer posted strong earnings growth in the first quarter of the year. The company said gross written premiums increased to 22.17 billion euros ($23.84 billion) in the quarter, up from EUR21.53 billion the year prior, while consolidated operating results rose to EUR1.82 billion from EUR1.49 billion the year prior. The company confirmed targets based on its strategic plan, saying it expects compound annual growth rate in EPS of between 6% and 8% in 2021-24, and to distribute cumulative dividends between EUR5.2 billion and EUR5.6 billion in the 2022-2024 period. Dow Jones & Co. owns Factiva. (cecilia.butini@wsj.com)

 

(END) Dow Jones Newswires

May 25, 2023 10:00 ET (14:00 GMT)

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