Milano Assicurazioni S.p.A.: parent company and consolidated financial statements for 2008 approved

Corporate: Financial
Friday, March 20, 2009
  • The company has decided not to avail of legs. decree 185/08
  • Accounting write-downs of euro 334.7 million
  • Group net profit of euro 167.9 million
  • Parent company solvency margin of 269.2% (+41.6 p.p.), consolidated 199.7% (+3.2 p.p.)
  •  Proposal of a dividend of euro 0.15 per ordinary share and of euro 0.1656 per savings share.

Under the chairmanship of Fausto Marchionni, the Milano Assicurazioni S.p.A. Board of Directors met today and reviewed and approved the financial statements for 2008.

Please read pdf document.