Unipol Gruppo: draft financial statements and integrated consolidated financial statements for 2022 approved

CorporateFinancial
Friday, March 24, 2023 - 06:58

The board of directors of Unipol Gruppo S.p.A., which met yesterday under the chairmanship of Carlo Cimbri, approved the draft financial statements and the integrated consolidated financial statements for 2022.

The Group is consolidating the integration of ESG factors into the business and its commitment to sustainability:

  • €12.5bn in value distributed including:
    • €8.0bn in compensation to policyholders
    • €4.5bn distributed to the other stakeholders
  • 7.8 million Italians covered by Unipol Group Welfare (Life and Health) insurance
  • 97.7% of investments subject to monitoring are ESG compliant (amounting to €42.2bn)
  • €1.16bn in investments that support the 2030 Agenda, an increase of 34%
  • Commitment to a 46.2% reduction in Scope 1 and 2 emissions by 2030 linked to the consumption of electricity, gas and other energy sources for all buildings under direct control
  • Commitment to complete fossil fuel divestment by 2030
  • 360° support for more efficient, safe and sustainable mobility: over 38.5 billion km travelled by cars covered by telematics-based policies
  • Unipol’s elevated position in terms of reputation confirmed (78.7 out of 100 with the general public in 2022, in the ‘strong’ category according to the RepTrak® model)

Key figures in 2022:

  • Consolidated net profit of €866m
  • Proposed dividend €0.37 per share
  • Combined ratio at 91.0%
  • Consolidated solvency ratio 200%

The insurance and financial targets of the 2022-2024 “Opening New Ways” Strategic Plan will remain unchanged, even with application of the new accounting standards IFRS 17 and 9 for 2023

Read the complete Press Release.