Rank: 19 (Previous rank: 47)
CEO: Sergio Balbinot / Giovanni Perissinotto Employees: 85,322 Address: Piazza Duca degli Abruzzi 2 Trieste 34132 Country: Italy Website: www.generali.com Italy’s biggest insurance company has been busy; it restructured, expanded and went after the competition. Generali bought insurance companies in Germany and Spain, cut an investment deal with a major Italian bank, set up an asset management company in Luxembourg, and even opened an office in Vietnam.
While Generali certainly looked good last year (its earnings were the second highest in the industry), analysts say its stock has been underperforming by 15% this year partly because of the Greek debt crisis. -- B.F. Subscribe to Fortune Magazine Is Assicurazioni Generali a great company, or what?
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| Company | 2009 Number of Employees |
|---|---|
| Wal-Mart Stores | 2,100,000 |
| China National Petroleum | 1,649,992 |
| State Grid | 1,533,800 |
| Company | 2009 Profits ($ millions) |
|---|---|
| Gazprom | $24,556 |
| Exxon Mobil | $19,280 |
| Industrial & Commercial Bank of China | $18,832 |
