UnipolSai: draft financial statements and consolidated financial statements for 2018 approved

Corporate: Financial
Friday, March 15, 2019 - 07:09

The  Board  of  Directors  of  UnipolSai  Assicurazioni  S.p.A.,  which  met  yesterday  under  the  chairmanship  of  Carlo  Cimbri,  approved  the  consolidated  financial  statements  and  draft  financial statements of UnipolSai Assicurazioni, confirming the preliminary results reported on 8 February last.

  • The preliminary results reported on 8 February last are confirmed.
  • Consolidated net profit of €948m (€537m in 2017)
  • Combined ratio after reinsurance 94.3% (97.2% in 2017)
  • Consolidated solvency ratio based on economic capital of 202%
  • Proposed dividend of €0.145 per share (dividend yield 6.8%)
  • Shareholders’ Meeting scheduled for 17 April 2019
  • Launch  of  the  share  repurchase  programme  for  the  compensation plans

Read the complete Press Release.