Milano Assicurazioni: 2011 Group budget approved
Thursday, January 27, 2011
The Board of Directors of Milano Assicurazioni S.p.A. has examined and approved the 2011 Budget.
2011 total premiums are forecast at approx. Euro 3.6 billion – as follows:
- Non-Life - Euro 3.0 billion (of which Motor Euro 2.1 billion and Non-Motor Euro 0.9 billion);
- Life division – Euro 0.6 billion.
The new budget guidelines take account of the recent initiatives taken to improve profitability, despite continued volatility in the general economic situation.