Generali 1st Quarter Net Profit Plunges 84.8% on COVID-19 Investment Hit

Generali’s first quarter net profit plunged 84.8% to €113 million (US$124 million) from €744 million (US$815.5 million) reported in Q1 2019, as a result of the impact of the COVID-19 pandemic on financial markets. The hit to its Q1 net …

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