Report
Komal Rizvi ...
  • Marcos Alvarez

Unipol F2020 Results: Good Adjusted Profitability Despite Decline in Premium Income

Unipol Gruppo S.p.A. reported a consolidated net result of EUR 864 million for F2020, down 21% year over year (YOY). However, when adjusted for the badwill effect on the BPER stake, the normalized consolidated net profit was up 24% YOY.
Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Komal Rizvi

Marcos Alvarez

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