Unipol closes the 2024 exercise with growing results and superior to the targets defined in the strategic plan. THE’net profit consolidated is increasing by 5.2% a 1.12 billion euros while the net result of the insurance group advances by 12% to 860 million.
The Bolognese company proposed a dividend of 0.85 euros per sharewith a 6.2%dividend Yield. With cumulative profits in the period 2022-2024 for 2,957 million, cumulated dividends for 1,283 million and a 213%solvecy ratio, the group exceeded the target of profitability, patrimonial solidity and remuneration for the shareholders foreseen by the plan just concluded.
The results achieved in the three -year period, reads a note, have over the aim of the plan to produce cumulative profits for 2.3 billion and dividends for 958 million.
Direct insurance collection to 15.6 billion
At 31 December 2024 the direct insurance collectiongross on the subscription sales, he stood at 15.6 billion euros, growing by 4.6% Compared to 14,931 million euros to 31 December 2023.
Direct collection in the sector Damageequal to 9,175 million euros, recorded one growth of 7.7% Compared to 8,521 million euros to 31 December 2023. Unipol Insurance contributes to this amount, which records damages for 7.306 million euros (+5.1%) and the other main companies of the group: unisalute for 1,013 million euros (+ 27.2%), linear for 251 million euros (+16.3%) and Arca Insurance for 313 million euros (+14.9%).
The sector Car results in 9.2% increase Compared to the previous year, registering prizes of 4,373 million euros. The management has positively resentful of the activity of improving the industrial margins aimed at dealing with the growth of the accident cost linked to the inflation dynamic that affected the sector and regulatory adjustments of the reference values of the damage for macro-lesions. In addition, the accessory guarantees included in the branch bodies terrestrial vehicles that marked a growth of 17.6% compared to 2023 in the branch.
The sector Non -car it still denotes a positive performance, with prizes equal to 4,802 million euros and one 6.3% growth Compared to 31 December 2023, a result to which all the main branches of activities and all the group sales channels contributed.
The Combined Ratio at 31 December 2024 is 93.6%, compared to the 98.2% made at 31 December 2023. The Loss Ratio was equal to 67.6% (compared to 71.5% in 2023), while The Expense Ratio stood at 26.0% (against 26.7% to 31 December 2023).
At work on strategic plan 2025-2027
It being understood that the group he is completing The activities relating to the drafting of the new Strategic plan 2025-2027the information available currently, in the absence of events currently not predictable also linked to an aggravation of the reference context, allow “confirm Also for the current year a positive trend of the consolidated result of the management of the group “.
Bper-Sondrio: CDA recognizes strategic rational
The Board of Directors made one first analysis of the structure and characteristics of thePublic exchange offer promoted by Bper Banca (“Bper”) On the totality of the actions of the Banca Popolare di Sondrio (“BPSO”) last February 6, “sharing the strategic and industrial rational of the operation “, which involves” two credit institutions with common roots and linked by a multi -year sharing of company produced “in various areas of activity: from managed savings, leasing and insurance. Also taking into account the acceleration of the consolidation process of the Italian banking sector currently in progress, as significant shareholders and banking partners of both institutions, “the administrative body has underlined the importance, both for Bper and for BPSO to undertake – hopefully with constructive spirit on both sides – a aggregative process that will allow you to strengthen the size and positioning competitive as well as to encourage the evolutions of the same, with positive reflections also on the industrial activities in common with the Unipol Group “, while enhancing the traditional links with the reference territories,” distinctive sign of the history of both institutes “.
