Italy’s UnipolSai Stays on Profit Track Despite Coronavirus Resurgence

Κυριακή, 15 Νοεμβρίου 2020 14:24
Italy’s UnipolSai Stays on Profit Track Despite Coronavirus Resurgence
  • Consolidated net profit of €701m compared to €576m at 30 September 2019 (+21.6%)
  • 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
  • Individual solvency ratio of 284%

The Board of Directors of UnipolSai Assicurazioni S.p.A., which met yesterday under the chairmanship of Carlo Cimbri, approved the consolidated results as at 30 September 2020.

Read the Press Release

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