Unipol Group: positive results for the first nine months of 2011
Thursday, November 10, 2011
- Consolidated net profit €72m (compared with the loss of €4m at 30/9/2010
- Non-Life direct premiums €3,071m (+3.5% compared with 30/9/2010)
- Significant improvements in core business: combined ratio for direct business down to 98.1% (103.3% at 30/9/2010)
- Life direct premiums €1,832m (+24.8% compared with 30/9/2010)
- Consolidated Solvency Ratio approximately 1.2x (without taking advantage of more favourable anticrisis rulings)