UnipolSai: draft financial statements and consolidated financial statements for 2022 approved

Corporate: Financial
Friday, March 24, 2023 - 06:58

The board of directors of UnipolSai Assicurazioni S.p.A., which met yesterday under the chairmanship of Carlo Cimbri, approved the draft financial statements and the consolidated financial statements for 2022.

UnipolSai reinforces its commitment to sustainability:

  • 7.8 million Italians covered by UnipolSai Welfare (Life and Health) insurance
  • 97.7% of investments subject to monitoring are ESG compliant (amounting to €41.4bn)
  • €1.16bn in investments that support the 2030 Agenda, an increase of 34%
  • Commitment to a 46.2% reduction in Scope 1 and 2 emissions by 2030 linked to the consumption of electricity, gas and other energy sources for all buildings under direct control
  • Commitment to complete fossil fuel divestment by 2030
  • 360° support for more efficient, safe and sustainable mobility: over 38.5 billion km travelled by cars covered by telematics-based policies

Key figures in 2022:

  • Consolidated net profit of €651m
  • Proposed dividend €0.16 per share
  • Combined ratio1 at 91.0%
  • Individual solvency ratio of 288% and consolidated solvency ratio of 274%

The insurance and financial targets of the 2022-2024 “Opening New Ways” Strategic Plan will remain unchanged, even with application of the new accounting standards IFRS 17 and 9 for 2023.

Please read the full Press Release.