• Consolidated net profit of €1,119m (+5.2% compared to 31 December 2023)
• Insurance group net profit of €860m (+12.0% compared to 31 December 2023)
• Planned dividend of €0.85 per share (dividend yield 6.2%)
• Direct insurance income of €15.6bn (+4.6% compared to 31 December 2023)
- Non-life: €9.2bn (+7.7%)
- Life: €6.4bn (+0.6%)
• Combined ratio 93.6%
• Consolidated solvency ratio 213%; Insurance group solvency ratio 263%
• Cumulative net result for 2022-2024 of €2,957m (compared to €2,300m in the 2022-2024 Strategic Plan (+28.6%)
• Cumulative dividends for 2022-2024 of approximately €1,283m (compared to €958m in the 2022-2024 Strategic Plan, +33.8%)
• Profitability, financial strength and shareholder return targets exceeded
The Unipol Group ended 2024 with a consolidated net profit of €1,119m (+5.2% compared to the figure of €1,064m in 2023).
The insurance group net profit amounts to €860m (€768m in 2023, +12.0%).
Direct insurance income, including reinsurance ceded, stood at €15,621m as at 31 December 2024, 4.6% up on the amount of €14,931m recorded at 31 December 2023.
There was growth of 7.7%4 in direct income in the non-life business to €9,175m, compared to the figure of €8,521m at 31 December 2023.
All the Ecosystem lines of business turned in positive performances.
The Group reported direct income of €6,446m in the life business, up 0.6% compared to the figure of €6,409m recorded in 2023.
Read the complete Press Release.