Consolidated Results as at 31 March 2022
The Gruppo Unipol ended the first quarter of 2022 with a consolidated net profit of €246m.
Direct income from the non-life business as at 31 March 2022 amounted to €2,025m, recording a significant increase (+5.5%) over the figure of €1,919m as at 31 March 2021.
The combined ratio of the group, net of reinsurance, stood at 93.0% compared to 89.1% in the first quarter of 2021.
In the first three months of this year, group direct income in the life business stood at €1,424m, a 12.9% increase linked to the results of the bancassurance business.