Unipol Group: consolidated results as at 31 march 2018 approved
Friday, May 11, 2018 - 06:59
- Normalised, consolidated net profit of €163m (€157m in the first quarter of 2017, +3.8%) Consolidated net profit, including the capital gain from sale of Popolare Vita (€309m), amounted to €472m.
- Direct insurance income of €3.2bn net of Popolare Vita
- Non-Life business: €1.9bn (-1.9%)
- Life business: €1.2bn (+26.8%)
- Direct business combined ratio 94.1%, an improvement on 95.0% recorded at 31 March 2017
- Profitability of financial investments 4.1%
- Consolidated solvency ratio 181%
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