Unipol Gruppo: consolidated results approved as at 30th september 2020
Friday, November 13, 2020 - 06:47
The board of directors of Unipol Gruppo S.p.A., which met yesterday under the chairmanship of Pierluigi Stefanini, approved the consolidated results of the Group at 30 September 2020.
- Consolidated net profit of €759m compared to €577m at 30 September 2019 (+31.5%)
- Direct insurance income of €8.6bn (-13.7%)
- Non-life business: €5.5bn (-3.6%)
- Life business: €3.1bn (-27.2%)
- Combined ratio net of reinsurance 86.0%, an improvement on the figure of 94.1% recorded as at 30 September 2019
- Consolidated solvency ratio 193%