Unipol Gruppo: consolidated results approved as at 30th september 2020

CorporateFinancial
Friday, November 13, 2020 - 06:47

The board of directors of Unipol Gruppo S.p.A., which met yesterday under the chairmanship of Pierluigi Stefanini, approved the consolidated results of the Group at 30 September 2020.

  • Consolidated net profit of €759m compared to €577m at 30 September 2019 (+31.5%)
  • Direct insurance income of €8.6bn (-13.7%)
    • Non-life business: €5.5bn (-3.6%)
    • Life business: €3.1bn (-27.2%)
  • Combined ratio net of reinsurance 86.0%, an improvement on the figure of 94.1% recorded as at 30 September 2019
  • Consolidated solvency ratio 193%