UnipolSai Assicurazioni: consolidated results approved - 31 March 2024
Friday, May 10, 2024 - 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 31 March 2024.
- Consolidated net profit €235m
- Direct insurance income of €4.2bn (+9.8% compared to 31 March 2023):
- Non-life: €2.3bn (+8.7%)
- Life: €1.9bn (+11.1%)
- Positive performance in all Ecosystems:
- Mobility: €1.2bn (+11.4%)
- Welfare: €0.5bn (+9.3%)
- Property: €0.6bn (+3.7%)
- Combined ratio: 91.1%
- Individual solvency ratio 307%
The UnipolSai Group ended the first quarter of 2024 with a consolidated net profit of €235m compared to €231m for the corresponding period of the previous year.
Direct insurance income, including reinsurance ceded, stood at €4,200m in the first three months of 2024, up 8.7% on the figure of €3,865m recorded at 31 March 2023, and 9.8% on a comparable basis.
Please read the full Press Release.