Reuters: Global Markets: Generali shares a touch lower after 2011 results

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Generali shares a touch lower after 2011 results Mar 21st 2012, 08:18 Tweet Share this Email Print Related Topics Hot Stocks » Asian Markets » A view of Generali headquarters in Rome April 6, 2011. Credit: Reuters/Remo Casilli MILAN | Wed Mar 21, 2012 4:18am EDT MILAN (Reuters) - Shares in Generali opened down 1 percent after Europe's No.3 insurer reported a 50 percent fall in 2011 net profit on the back of hefty writedowns. But improving capital ratios and expectations the Italian insurance giant would deliver strong profit this year helped shares pare losses in early trading on Wednesday. At 0906 GMT the shares were flat at 13.17 euros, while the DJ Stoxx index of European insurers was up 0.4 percent .SXIP. (Reporting by Lisa Jucca) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints Comments (0) This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

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