UnipolSai: draft Financial Statements and Consolidated Financial Statements for 2023. Approved proposed merger of UnipolSai Assicurazioni, Unipol Finance, Unipolpart I and Unipol Investment into Unipol Gruppo approved.

Corporate: Financial
Friday, March 22, 2024 - 07:04

  • Key figures in 2023:
    • Consolidated net profit of €766m (€651m at 31 December 2022 as calculated with the accounting standards previously in effect)
    • Higher dividend of €0.165 per share compared to €0.16 in 2022
    • Combined Ratio 98.2%
    • Individual solvency ratio 313%

  • UnipolSai has consolidated its commitment to support sustainable development and the ecological transition:
    • 8.2 million Italians (14% of the population) covered by UnipolSai Welfare (Life and Health) insurance
    • €1.4bn in investments to support the 2030 Agenda (target of €1.3bn in investments by the end of 2024 as per the 2022-2024 Strategic Plan exceeded)
    • At 2023 year-end, 54.9% reduction (compared to 2019) in Scope 1 and 2 emissions linked to the consumption of electricity, gas and other energy sources for all buildings under direct control and the fleet of cars used by Group employees (the target was a reduction of 46.2% by 2030)
    • Reduction of 21.2% at 2023 year-end (compared to 20222) in the carbon emission intensity of the directly managed listed equities and publicly traded corporate bonds portfolio (target 50% reduction by 2030).
    • 360° support for more efficient, safe and sustainable mobility: about 38 billion km travelled by cars covered by telecommunication-based policies
    • Standard Ethics gave UnipolSai a long term expected rating of EEE-, classifying it as one of the best companies in the world in terms of social and environmental sustainability
  • Proposed merger of UnipolSai Assicurazioni, Unipol Finance, UnipolPart I and Unipol Investment into Unipol Gruppo approved. Share exchange ratio of 3 Unipol Gruppo shares for every 10 UnipolSai shares confirmed

Please read the complete Press Release.