Unless otherwise specified, all the above reported figures refer to the Unipol Group.
*FY19 Normalised Result excludes (i)the badwill accounted by Unipol relating to the first consolidation of BPER shareholding and (ii) the Solidarity Fund. IFRS4/IAS39 IFRS4/IAS39 IFRS4/IAS39 IFRS4/IAS39 IFRS17/9 €m FY19 FY20 FY21 FY22 FY23 Direct premiums 14,014 12,210 13,329 13,645 15,060 Non-Life 8,167 7,882 7,943 8,304 8,651 Life 5,847 4,328 5,386 5,341 6,409 Combined Ratio (net of reins.) 94.2% 87.0% 95.0% 93.8% 98.2% Loss Ratio 66.3% 58.8% 67.1% 65.2% 71.5% Expense Ratio 27.9% 28.2% 27.9% 28.7% 26.7% Pre-tax Result 1,287 1,026 951 1,108 1,565 Non-Life 901 1.104 821 846 896 Life 226 71 213 273 375 Other 160 -149 -83 -10 294 Net Result 1,087 864 796 866 1,331 Norm. Net Result * 732 905 n.a. 797 1,064 Group Net Result 903 707 627 683 1,101 Norm. Group Net Result 569 745 n.a. 605 834 Statutory result (Unipol SpA) 284 316 335 363 378 Dividends 201 201 215 265 273 DPS (€) 0.280 0.280 0.300 0.370 0.380 Total Equity 8,305 9,525 9,722 7,662 9,799 Shareholders Equity 6,687 7,614 7,780 6,130 7,967 Solvency 2 ratio 187% 216% 214% 200% 215%
FY20 Normalised Result excludes the impact of the realignment of the badwill on BPER shareholding following the Unipol Group’s 'stake dilution after the bank's capital increase (partial reversal of the gain on the first consolidation on BPER).
FY22 Normalised Result excludes (i) the badwill accounted by Unipol in relation to the increase of its stake in BPER, (ii) the accounting effect recognised by BPER after the acquisition of 80% of Banca Carige and (iii) the impact of the employee solidarity fund.
FY23 Normalised Result excludes the badwill accounted by Unipol relating to the first consolidatin of its stake in BPSO.
To access the former ex UnipolSai documents, consult the ex UnipolSai archive.
