Outlook

• Connectivity of information

Key observations:

Generali’s Outlook discussion in their 2016 Annual Integrated Report links market developments (of both a macro and industry level) to the company’s financial and operational performance (as stated in 4.35 of the <IR> Framework). As per 4.34 of the <IR> Framework, the section also outlines the challenges and uncertainties Generali will face in regard to their ‘Life Segment’ and ‘Property & Casualty’ lines.

The Outlook discussion also demonstrates connectivity (Paragraph 3.8 of the <IR> Framework) by linking changes in the company’s external environment to strategic initiatives, namely: asset allocation and diversification in investment; and outlining that shareholder remuneration will increase despite the challenging market environment.