Results & Achievements

1414
MLN €
CONSOLIDATED NET PROFIT
4.6
%
INVESTMENT YIELD
168
%
SOLVENCY RATIO
390
MLN €
FONSAI INTEGRATION SYNERGIES

The competitive environment

CUSTOMER BEHAVIOUR TARGET MARKETS TECHNOLOGICAL DEVELOPMENT REGULATORY FRAMEWORK
Customer behaviour
Target markets
Technological development
Regulatory framework

Customer behaviour

  • Climate change, well being, ageing and generational changes
  • Customers are increasingly likely to steer the process of their purchases through digital and hybrid means
  • Cultural evolution from “possession” to “use” and growing demand for flexibility

Target markets

  • Forecast of a motor insurance market still in “deflation” during 2016 but with signals of recovery in terms of new car registrations
  • Prolonged phase of low interest rates
  • Demographic and social evolution and progressive disengagement of the State with a considerable impact on welfare

Regulatory framework

  • 2015 - Banking Resolution and Recovery Directive
  • 2016 - Solvency II
  • 2016 - Packaged Retail and Insurance -Based Investment Products
  • 2016 - Law Decree Concorrenza (being discussed)
  • 2018 - Insurance Distribution Directive
  • 2018 - EU Data Protection

The Unipol Way

GROWING IDENTITY KEY VALUES Accessibility Foresight Respect Solidarity Responsibility NEW KEY DRIVERS Simplicity Speed Empowering People Innovation VISION CSR POLICY MISSION UNIPOL NEXT TO Positioning focus Closeness

Future targets

2016-2018 Strategic Plan challenges

THE MARKET ENVIRONMENT IS CHALLENGING

  • Non-Life technical profitability is shrinking
  • Non-Life technical profitability is shrinking
  • Economic growth is still weak

BUT WE HAVE LAID SOLID FOUNDATIONS

  • 2012-2015 plan targets exceeded
  • Integration of the Fondiaria-Sai Group successfully finalised
  • Company and capital structure streamlined

WE HAVE IMPORTANT ASSETS TO FOCUS ON

  • Leader in Europe in Motor policies with blackbox
  • Leader in Italy in Non-Life business
  • The largest agency network in the domestic market

AND WE HAVE STARTED TO CHANGE OUR FUTURE

  • New Motor products launched offering high-level services
  • Onset of AlfaEvolution to manage blackboxes and big data
  • UniSalute, Finitalia, APB and MyGlass are core companies which offer services and ensure cost savings in the claims settlement process

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