Highlights

​UnipolSai Group highlights​
 31/12/201731/12/2016
31/12/2015
Insurance business - Aggregate income
(Italian GAAP)
11,068 12,497 13,982
variation (%) YoY -11.4 -10.6 -12.7
- Non-Life insurance premiums 7,355 7,218 7,334
variation (%) YoY -1.9 -1.6 -12.9
- Life insurance premiums 3,713 5,279 6,648
variation (%) YoY -29.7 -20.6 -12.3
Loss ratio
(direct premiums)
67.7% 67% 65.4%
variation (%) YoY n.a. n.a. n.a.
Expense ratio
(direct premiums)
28.2% 28.7% 28.5%
variation (%) YoY n.a. n.a. n.a
Combined ratio 
(direct premiums)
95.9% 95.7% 93.9%
variation (%) YoY n.a. n.a. n.a.


   
Net investment income and capital gains on disposal 1,568 1,580 2,048
variation (%) YoY -0.8 -22.8 14.8
Profit before taxation 873* 681 1,044
variation (%) YoY 28.2 -34.8 -8.6
Consolidated profit 649* 527 738
variation (%) YoY 23.1 -28.5 -5.8
Group net profit 617* 497 711
variation (%) YoY 24.1 -30.1 -3.9


   
Investment and liquid assets 51,971 63,261 63,291
variation (%) YoY -17.8 -0.0 0.7
Technical provisions 45,757 55,816 56,095
variation (%) YoY -18.0 -0.5 -0.2
Financial liabilities 3,663 4,681 3,897
variation (%) YoY -21.7 20.1 2.2
Capital and reserves pertaining to the Group 5,982* 6,156 6,278
variation (%) YoY -2.8  -1,9 0.3
N. of staff 11,529  10,280 9,951

* Including the impact of the restructuring of the Group banking sector, the results would have been the following: consolidated pre-tax result € 760 m, consolidated net result € 537 m, Group net result € 504 m and Shareholders' Equity € 5,869 m

Last updated:May 31 2018