Unipol Group: consolidated results at 31 March 2017 approved

CorporateFinancial
Thursday, May 11, 2017 - 06:41

The Board of Directors of Unipol S.p.A., which met yesterday under the chairmanship of Pierluigi Stefanini, approved the consolidated results for the first quarter of 2017.

  • Consolidated net profit of €157m (€151m at 31/3/2016, +4%)
  • Direct insurance premiums of €3,210m (-32.9% compared to 31/3/2016)

- Non-Life: €1,983m (+1.3%)
- Life: €1,227m (-56.6%)

  • Combined ratio of direct business at 95% (96.5% net of reinsurance)
  • Return on investment at 4.1%
  • Consolidated Solvency ratio based on economic capital equal to 156%

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