Generali Announces 2008 returns its life insurance contracts in euros and multichannel
This rate of participation in profits reflected the importance the company places on loyalty 6 million policyholders who trust him, in a highly disturbed by the financial crisis and weakening economies.
Generali France confirms its customers and partners that funds euros and UCITS managed by the Generali Group has no exposure to funds Madoff.
Generali has always taken a very prudent management of its assets, including diversifying its investments in geographical areas and economic sectors. Bond portfolio is mostly comprised of the safest bonds issued by states (49%) or AAA (16%). It is totally free of subprime, or securities issued by other companies declared bankruptcy. As for his stock portfolio, it represents only a small portion of its assets and has 90% of European equities. No title in the portfolio represents more than 1% of assets managed by the same issuer.
Since 2007, Generali France enjoys the AA rating from Standard & Poor’s and Fitch, the best rating of French insurance companies, emphasizing its great financial strength and performance of its business model.
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