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Net profit rose 74% to 2.25 billion euros ($2.60 billion), above the average forecast of 2.13 billion euros in an analyst consensus provided by the company.
Operating profit, a figure most closely watched by the market, rose 10% to 4.4 billion euros.
Generali is on track to successfully complete its strategic plan to 2021, the company said in a statement on Thursday.
($1 = 0.8648 euros)
