Press Release - UnipolSai: Preliminary Consolidated Results of 2017 examined

Corporate: Financial
Friday, February 9, 2018 - 06:44

The Board of Directors of UnipolSai Assicurazioni S.p.A., which met yesterday under the chairmanship of Carlo Cimbri, analysed the preliminary consolidated results for 2017.

  • Consolidated net profit amounts to €537m, up by 1.8% (€527m in 2016), including the effects of the banking business restructuring plan

  • Direct insurance income of €11.1bn (€12.5bn in 2016):
    • Non-Life business: €7.4bn (+1.9%)
    • Life business: €3.7bn (-29.7%)

  • Direct business combined ratio 95.9%

  • Return on financial investments of 3.9%

  • Individual solvency ratio of 241%

  • Consolidated solvency ratio based on economic capital equal to 206%

  • Expected dividend of €0.145 per share, up 16% compared to 2016 (dividend yield of 7.4%)

Please read the pdf document.