The Gruppo Unipol ended the first half of 2024 with a consolidated net profit of €555m, considering the contribution, consolidated using the equity method, from BPER and BPSO for the first quarter only of 2024.
The Gruppo Unipol result calculated for the same period as at 30 June 2024, i.e. including the contribution from the investments in BPER and BPSO as at that date and restated on the basis of the financial information recently published by said companies, stood at €632m.
Direct insurance income, including reinsurance ceded, stood at €8,165m in the first six months of 2024, up 10.4%, on a comparable basis, on the figure of €7,393m recorded on 30 June 2023.
Direct income from the non-life business at 30 June 2024 amounted to €4,581m, an increase (+7.8% on a comparable basis) over the figure of €4,248m as at 30 June 2023, with positive performances by all the ecosystems in which the Group operates.
The combined ratio stood at 93.1%, improving in a number of lines of business; this compares to a figure of 97.5%, restated on a comparable basis, for the first half of 2023.
The Gruppo Unipol registered direct income of €3,584m in the Life business, up 14.0% compared to the first half of 2023.
Consolidated Results as at 30 June 2024
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