UnipolSai Group: consolidated results as at 30 september 2018 approved

Corporate: Financial
Friday, November 9, 2018 - 06:59

The Board of Directors of UnipolSai Assicurazioni S.p.A., which met yesterday under the chairmanship of Carlo Cimbri, approved the consolidated results as at 30 September 2018.

  • Consolidated net profit of €862m (€430m in the first nine months of 2017) including the capital gain from the sale of Popolare Vita (€309m)
  • Individual solvency ratio of 248%
  • Consolidated solvency ratio based on economic capital of 201%
  • Direct insurance income, on a comparable basis3, of €8.6bn (+5.1%)
    • Non‐Life business: €5.6bn, in line with the first nine months of 2017
    • Life business: €3.1bn (+16.6%)
  • Direct business combined ratio of 94.7% compared to the figure of 97.9% recorded at 30 September 2017
  • Profitability of financial investments 4.1%

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