Highlights

Unipol Gruppo S.p.A. – Highlights of the last 6 years.

(amounts in €m) 12/31/201712/31/201612/31/201512/31/201412/31/2013*12/31/2012
Insurance business - Aggregate income (Italian GAAP) 12,291 14,806 16,476 17,883 16,804 11,802
% YoY variation -17.0% -10.1 -7.9 6.4 42 n.m.
- Non-Life insurance premiums 7,867 7,809 7,883 8,969 9,821 7,240
% YoY variation -0.7% -0.9 -12.1 -8.7 35.6 n.m.
- Life assurance premiums 4,424 6,997 8,593 8,915 6,983 4,562
% YoY variation -36.8% -18.6 -3.6 27.7 53.1 n.m.
Net premiums (IAS/IFRS) 11,263 13,787 15,261 17,766 16,581 11,624
% YoY variation -18.3% -9.7 -14.1 7.1 42.6 n.m.
- Non-Life insurance premiums 7,458 7,502 7,634 9,012 9,787 7,211
% YoY variation -0.6% -1.7 -15.3 -7.9 35.7 n.m.
- Life assurance premiums 3,805 6,284 7,628 8,754 6,794 4,412
% YoY variation -39.4% -17.6 -12.9 28.8 54 n.m.
Banking business - Funding 12,008 10,535 10,015 10,261 10,809 10,737
% YoY variation 14.0% 5.2 -2.4 -5 0.7 12
Loss Ratio - Non-Life (direct business) 67.5% 67.1% 65.60% 68.00% 68.20% 69.80%
Expense Ratio - Non-Life (direct business) 27.5% 27.9% 27.90% 26.70% 24.70% 23.40%
Combined Ratio - Non-Life (direct business) 95.1% 95.0% 93.50% 94.70% 92.90% 93.20%
Total net operating expenses 2,376 2,747 2,804 3,025 3,083 2,219
% YoY variation -0.4% -2.0% -7.3 -1,9 38.9 60.6
Net income from financial assets and liabilities 1,898 1,823 2,147 1,697 1,661 1,419
% YoY variation 4.1% -15.1 26.5 2.2 17.1 n.m.
Profit before taxation 904** 706 958 801 520 665
% YoY variation 28.0% -26.3 19.6 54 -26.9 n.m.
Consolidated profit 655** 535 579 505.2 188 426
% YoY variation 22.4% -7.6 14.6 168.7 -57.4 n.m.
Group net profit 450** 330 272 192 -79 285
% YoY variation 36.4% 21.0 41.7 n.m. n.m. n.m.
Investments and liquid assets 71,647 83,428 81,840 79,985 74,109 72,943
% YoY variation -14.1% 1.9 2.3 7.9 1.6 n.m.
Technical provisions 53,427 64,110 63,150 61,895 56,875 56,456
% YoY variation -16.7% 1.5 2 0.1 0.7 n.m.
Financial liabilities 16,400 16,898 15,571 15,459 16,041 16,234
% YoY variation -2.9% 8.5 0.7 0 -1.2 n.m.
Capital and reserves pertaining to the Group 6,821** 5,649 5,524 5,691 5,414 5,308
% YoY variation 11.2% 2.3 -2.9 0.1 2 n.m.
N° of staff 14,188 14,109 13,864 14,223 15,230 15,212

* The percentage variations are affected by the inclusion of the ex Premafin Group only in the second half 2012

** Including the impact of the restructuring of the Group banking sector, the results would have been the following: consolidated pre-tax result € -179 m, consolidated result € -169 m, Group net result € -346 m and Shareholders' Equity € 5,486 m

Last updated:May 31 2018