Business
Financial Results: Profits Rise for Several Institutions
Generali, Mps, and Cassa di Ravenna report increased profits in the first half of 2023.
Generali concluded the first half of 2023 with a profit of 2.5 billion euros and gross premiums exceeding 53 billion, with a Combined Ratio increasing to 91.5%.
Mps recorded a profit of 1.1 billion euros, surpassing expectations and showing a 25% increase, while the CET1 capital ratio rose to 16.3%, providing ample strategic flexibility. Finally, Cassa di Ravenna saw a profit increase of 4.14% and a rise in mortgages to households of 62.2%, with loans to businesses growing by 92.1%.],
themen:[
Generali
Mps
Cassa di Ravenna
financial results
2023