Milano Assicurazioni S.p.A.: Third Quarter Results as at 30 September, 2003
Net Profit 92.5 million Euro, in line with the
Group Business Plan forecast
Positive technical results: profits of 62.1 million Euro in non-life and 45 million Euro
in the life technical account.
Premiums up at 1,541.4 million Euro (+6.3%)
The Board of Directors of Milano Assicurazioni met today, under the chairmanship of Dr. Fausto Marchionni.
It was with profound regret that the Board noted the recent and sudden death of Dr. Alberto Falck, a Board Member since June 1985, and expressed its sincerest condolences to his family. Dr. Falck will be remembered as a leading figure in Milanese society, both in business and cultural circles who, during his long years of service to the Company, never failed to make invaluable contributions.
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