The report is the first annual integrated report for Generali. The report communicates the company's ability to create value in a sustainable manner over time, taking a new approach to corporate reporting. It is a concise communication that draws on different reporting strands and communicates the full range of factors that materially affect the ability of an organization to create value over time. The report highlights a three-year turnaround plan based on a strong focus on core insurance business, the enhancement of the company's capital position and the technical excellence to improve the offering to clients. During these months the company has worked on the implementation of its plan, and made significant progress, including the disposal of €2.4 billion non-core assets to good multiple, the investment of significant resources to guarantee full control of the operating units in strategic areas such as GPH in Central and Eastern Europe, Generali Deutschland Holding in Germany and Generali Asia, and the major reorganization of the Italian business.
