Group Consolidated Financial Statements as at 31 March 2013 approved
Thursday, May 9, 2013
- Group Consolidated Financial Statements as at 31 March 2013 approved
- Consolidated net profit €135m
- Direct insurance premium income €4,485m (+7.8% compared to the pro-forma figure1 of the first quarter of 2012):
- Non-Life Business: premium income €2,449m (-9.6%)
- Life Business: premium income €2,036m (+40.2%)
- Combined Ratio at 92.0%2 (97.8% the pro-forma figure of the first quarter 2012)
- Solvency margin 1.6 times the statutory requirements, excess capital €2.6bn
- Pierluigi Stefanini appointed as Chairman, Giovanni Antonelli as Vice Chairman and Carlo Cimbri as CEO