UnipolSai: consolidated results for the first half of 2018 approved
Friday, August 10, 2018 - 06:55
- Consolidated net profit of €647m (€282m in the first half of 2017) including a capital gain from sale of the investment in Popolare Vita S.p.A. (€309m).
- Direct insurance income, on a comparable basis1, of €5.5bn (€5.4bn in the first half of 2017)
- Non‐Life business: €3.9bn, in line with the first half of 2017
- Life business: €1.6bn (+6.9%)
- Sharp increase in Non‐Life business performance: Direct business combined ratio of 93.3% compared to 95.6%, on a comparable basis in the first half of 2017
- Individual reported solvency ratio of 252%
- Consolidated solvency ratio based on economic capital of 206%
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