1 Q results © Generali Group HO / May 2015 / Web Management / Olivia Dutheil

1QRESULTS

(proforma ratio includingBSI sale)

Net Equity rose to:

Property &Casualty

Life

TOTAL OPERATING RESULT AT:

+ 3.3 %

€ 682mln

€ 20bln

mln

€

+ 8.3 %

SOLVENCY I RATIO:

Thanks to the business initiativeslaunched over the last year andthe strenght of its distributionmodel

177 %

€ 26.1 bln 12.5 %+

PREMIUMS UP TOMORE THAN:

NET INCOME UP TO:

€

+ 6 %

€ 505

mln€ 823

- 4.6 %

+ 8.2 %

as at May 14th, 2015

€ 1.3bln

+10 % profit after taxfrom continuing operations

Strong operating profitability: excellent performance in life,P&C impacted by higher amount of catastrophe-related claims