Unipol 9-mt profits down 5.9% to 724 mn

Premiums up 9.1%

By: ansa.it

Nov 08 2024
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Unipol 9-mt profits down 5.9%

Italian bank and insurer Unipol on Friday posted nine-month profits down 5.9% to 724 million euros, compared to the same period in 2023.
    The result was affected by an employee solidarity fund worth a pre-tax 103 million euros for the early retirement of some 500 employees.
    Net profits considering the contribution of holdings BPER and Banca Popolare di Sondrio went up 8.5% to 834 million euros as of September 30, the bank said in a note.
    Premiums went up 9.1% to 11.4 billion euros.
    The solvency ratio of the group was 224% at the end of September, the bank said.