Generali SpA

    PREMISES & GLOBAL SERVICES

    Generali launches Lifetime Partner 27: Driving Excellence

    Ambitious 2025-2027 growth targets

    • Strong earnings growth: 8-10% EPS CAGR
    • Solid cash generation: > €11 billion Cumulative Net Holding Cash Flow
    • Increasing dividend per share: > 10% DPS CAGR with ratchet policy

    Clear capital management framework with increased focus on shareholder returns

    • More than €7 billion in cumulative dividends (2025-27) – around 30% more than 2022-2024
    • Committed to at least €1.5 billion share buyback over the plan horizon
    • € 500 million buyback to be launched in 2025

    Strategic priorities

    EXCELLENCE IN CUSTOMER RELATIONSHIPS: Enhance Lifetime Partner commitment with seamless customer experience, innovative Group value propositions and strengthened distribution network

    EXCELLENCE IN CORE CAPABILITIES: Accelerate growth in preferred profit pools, increase technical proficiency and scale Group-wide assets to enhance effectiveness

    EXCELLENCE IN GROUP OPERATING MODEL: Continue to centralize distinctive competences and shared services at scale to increase productivity and performance

    Key foundations

    • PEOPLE POWERED: Enable our people to thrive through continuous skills development and a culture of excellence, meritocracy, and diversity
    • AI & DATA DRIVEN: Boost capabilities to improve customer and distributor experience, and drive operational efficiency and technical excellence
    • SUSTAINABILITY ROOTED: Deliver a positive impact on profit, people and the planet

    Philippe Donnet, Generali Group CEO, said: “Generali has successfully over-delivered against the financial targets of its ‘Lifetime Partner 24: Driving Growth’ plan in a tough global macro environment. We will now accelerate our pursuit of excellence to drive higher earnings growth and cash generation, targeting increased shareholder returns with double-digit growth in the dividend per share leading to over €7 billion in cumulative dividends plus a commitment to at least €1.5 billion in share buybacks over the plan horizon, including the €0.5 billion buyback that we are launching in 2025 as presented today.
    Thanks to our ‘Lifetime Partner 27: Driving Excellence’ plan, we will further enhance excellence across our customer relationships, our Group operating model and our core capabilities. We will invest in AI, new technologies and upskilling our employees to capture opportunities from emerging trends, fast-changing customer expectations and a rapidly evolving market.
    The combination of our market leading P&C and Life business and a global Asset Management platform, that can be further transformed by our proposed partnership with BPCE, is a powerful differentiator that creates significant value. Generali is ready to once again support individuals, families, professionals and businesses, and deliver for all stakeholders throughout our ‘Lifetime Partner 27: Driving Excellence’ plan.”

     

    Download

    Generali launches Lifetime Partner 27: Driving Excellence 231.23 KB