Report
Marcos Alvarez ...
  • Mario De Cicco

Unipol Gruppo: 2022 Earnings Improved on Premiums' Growth in the Non-Life Business

Unipol Gruppo S.p.A. (Unipol or the Group) reported a preliminary consolidated net result of EUR 866 million in 2022, around 9% higher than in 2021, driven by a generally strong performance in the Non-Life business segment. On a normalised basis, the consolidated net result in 2022 stood at EUR 797 million. This excludes the badwill related to the increase of Unipol's stake in BPER (EUR +41 million), the badwill recognized by BPER on the acquisition of Banca Carige (EUR +166 million) and the Group's contribution to the employees' solidarity fund (EUR -137 million). This compares to EUR 514 million consolidated net result in 2021, excluding one-offs.
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DBRS Morningstar
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Analysts
Marcos Alvarez

Mario De Cicco

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