Generali agreed EUR 150 million deal. Assicurazioni Generali stock fell 1.74 percent.

Published on 10/08/2026 at 12:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Operating result rose 11.20 percent in first-half 2026. Assicurazioni Generali stock was EUR 40.77 on October 8, 2026, down 1.74 percent versus October 7.

Schwarzweißfoto von Büroangestellten, die an Schreibtischen Papierdokumente bearbeiten — Schwarzweiße Reportage-Aufnahme von Angestellten im Büroalltag, sinnbildlich für Assicurazioni Generali S.p.A., ISIN IT0000062072, dokumentarisch fotografiert, Illustration mit AI erstellt.

Assicurazioni Generali (IT0000062072) was trading at EUR 40.77 at Lang & Schwarz on October 8, 2026 at 12:03 p.m. CEST, down 1.74 percent versus the prior close of EUR 41.49 on October 7. The insurer had agreed on October 2 to invest EUR 150.00 million for a 9.90 percent stake in Banco de Credito Cooperativo.

Cajamar deal anchors Spanish distribution

According to Generali in its October 2, 2026 release, the investment gives Generali about 9.90 percent of Banco de Credito Cooperativo, the holding entity of Grupo Cooperativo Cajamar.

The transaction is expected to close in the second half of 2027, subject to regulatory approvals, and Generali said it would have no material impact on group solvency. The structure converts a bancassurance relationship of more than 20 years into a direct minority investment, tying distribution access to capital ownership.

First-half growth supports the strategy

Generali reported an operating result of EUR 4.50 billion for the first half of 2026, up 11.20 percent from the comparable period. Gross written premiums reached EUR 53.40 billion, up 5.80 percent, while the combined ratio stood at 91.50 percent, 0.50 percentage points higher.

The figures give the Cajamar transaction a clear operating backdrop: management is pairing premium growth with selective expansion of strategic distribution channels. Generali's investor calendar lists approval of financial information for the period ended September 30 on November 12, 2026, followed by the results release on November 13, 2026.

Stock trades below Jefferies target

According to FinanzNachrichten, Jefferies raised its target from EUR 28.50 to EUR 38.00 in a note dated September 29, 2026, while cutting its rating from Buy to Hold. The target now sits below the Lang & Schwarz price, making valuation the counterweight to the stronger operating figures.

Lang & Schwarz showed EUR 40.77 in trading on October 8, 2026 at 12:03 p.m. CEST, versus the October 7 prior close of EUR 41.49. The market capitalization was EUR 61.1 billion on October 8, 2026, and the 52-week range was EUR 31.76 to EUR 46.24.

The further course of trading is shown by the continuously updated real-time quote of Assicurazioni Generali stock.