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