Consolidated Results as at 30 September 2022
The Unipol Group ended the first nine months of 2022 with a consolidated net profit of €854m, up on the profit of €813m for the corresponding period of the previous year.
Direct insurance income, including reinsurance ceded, stood at €9,834m in the first nine months of 2022, up (+4.0%) on the figure of €9,454m recorded at 30 September 2021.
Direct income from the Non-Life Business at 30 September 2022 amounted to €5,851m, a significant increase (+5.6%) over the figure of €5,539m achieved as at 30 September 2021, with all Group Ecosystems showing positive performance.
The combined ratio, net of reinsurance, as at 30 September 2022, amounted to 93.2% (91.4% direct business) compared to a figure of 92.8% as at 30 September 2021 (91.7% direct business).
The Group reported direct income of €3,982m in the Life Business, up 1.7% compared to the figure of €3,915m recorded in the first nine months of 2021.