UnipolSai Group: consolidated results as at 30 september 2018 approved
Friday, November 9, 2018 - 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 30 September 2018.
- Consolidated net profit of €862m (€430m in the first nine months of 2017) including the capital gain from the sale of Popolare Vita (€309m)
- Individual solvency ratio of 248%
- Consolidated solvency ratio based on economic capital of 201%
- Direct insurance income, on a comparable basis3, of €8.6bn (+5.1%)
- Non‐Life business: €5.6bn, in line with the first nine months of 2017
- Life business: €3.1bn (+16.6%)
- Direct business combined ratio of 94.7% compared to the figure of 97.9% recorded at 30 September 2017
- Profitability of financial investments 4.1%
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