UnipolSai Assicurazioni: consolidated results approved as at 31st March 2021
Friday, May 14, 2021 - 06:56
The Board of Directors of UnipolSai Assicurazioni S.p.A., which met yesterday under the chairmanship of Carlo Cimbri, approved the consolidated results of the Group as at 31 March 2021.
Consolidated net profit of €249m compared to €171m at 31 March 2020
- Direct insurance income of €3.2bn (+2%)
- Non-life business: €1.9bn (-3%)
- Life business: €1.3bn (+10.7%)
- Combined ratio net of reinsurance 89.1% (92.0% as at 31 March 2020)
- Individual solvency ratio1 of 313% and consolidated solvency ratio of 277%
Read the complete Press Release.