UnipolSai: consolidated results at 31 march 2018 approved
Friday, May 11, 2018 - 06:58
- Normalised, consolidated net profit of €166m (€147m in the first quarter of 2017, +12.9%). Consolidated net profit, including the capital gain from sale of Popolare Vita (€309m), amounted to €474m.
- Direct insurance income of €2.8bn net of Popolare Vita
- Non-Life business: €1.9bn (-2.0% on a comparable basis)
- Life business: €0.9bn (+9.4%)
- Direct business combined ratio 94.3%, an improvement on 96.2% recorded at 31 March 2017
- Profitability of financial investments 4.4%
- Consolidated solvency ratio based on economic capital of 230%
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