Generali Group

Italy, Insurance

About the Generali Group

The Generali Group is one of the leading insurers in the world, with innovative, extensive, Life & Health and Property & Casualty solutions that are offered based on a multi-channel strategy, while also relying on new technologies. It operates through a global proprietary sales network of agents and financial advisors, supported by brokers, bancassurance and direct channels (internet and telephone). It aims to be a Life-Time Partner to its customers and lead the European insurance market for individuals, professionals and SMEs, while building a focused, global asset management platform and pursuing opportunities in high potential markets.

What Generali Group says about its journey towards integrated reporting

Generali participated in the IIRC Pilot Programme between 2012 and 2014, helping to test and develop the International Framework. Since then, it has participated in the Network, as well as helping to launch the Insurance Network. It continues to work with the Integrated Thinking and Strategy Group of the IIRC, providing insights on its cutting-edge processes and practices, which support the organisation in thriving its integrated thinking and reporting journey. Generali decided to embark on this journey as it believes the approach to be an innovative and effective way to communicate the Group’s ability to create value in a sustainable manner over time.

In its 2020 report, Generali continued to strengthen its focus on the integration of material non-financial information and to apply the Core & More concept, using this as an opportunity to further innovate around its reporting, creating a truly holistic ‘core’ report – i.e. the Group Annual Integrated Report.

The document respected conciseness and connectivity of information in its different forms, whilst thoroughly covering the impact of emerging mega-trends linked to the Covid-19 pandemic. It also set out the overall value creation process, thereby achieving the final target of the Framework to have a report that goes through all of the strategic information, regardless of their financial or non-financial nature.

Generali invites all feedback on its 2020 report, which can be submitted to [email protected].

You can view Generali Group’s Annual Integrated Report 2020 here.