Generali Obiettivo Rendimento Qorus Innovation in Insurance Awards 2024
Submitted by
Generali
Generali is one of the largest global insurance and asset management providers, present in over 50 countries in the world, with a total premium income of € 81.5 billion in 2022.
ItalyCategory
Product & Service InnovationKeyword
Savings & Investments, Life insuranceBusiness Line
Life InsuranceDistribution Channel
Agents
Innovation presentation
Generali Obiettivo Rendimento is a new hybrid investment solution by Generali Italia that offers a concrete response to the protects savings from inflation with a protection from the market volatility.
It’s a single premium whole life hybrid product that is composed of two periods: the first one from the start (19/02/2024) to June 2030 with a 80% invested in a internal target maturity fund and 20% invested in a General Account.
At maturity of the internal target maturity fund, the full amount will be switched into the flagship Generali general account (Gesav) to preserve capital and lock in the performance accumulated in the first 6 years.
The internal fund is a target maturity fund with a predefined maturity of 6 years, with an high credit quality standing with 100% of investment grade bonds (average rating BBB+) and a good diversification offers by more than 50 issuers. The expected yield to maturity is above 4%.
The remaining 20% is invested in Royal fund, a legacy general account with an interesting return (over 4% at launch).
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