DOCSLIB.ORG

Consolidated Results As at 31 March 2013

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Consolidated Results As at 31 March 2013 Unipol Group Presentation of consolidated results as at 31 March 2013 Carlo Cimbri – CEO Bologna, 9 May 2013 CONTEXT Please be advised that figures as at 31 March 2012 have been appropriately restated and reclassified following accounting standards, classification parameters and segment reporting changes effective on 2012 Consolidated Financial Statements as approved by the UGF’s Board of Directors of 24 April 2013. Consolidated result as at 31 March 2012 has been recalculated at 88€m as against 71€m reported in the Interim Financial Report as at 31 March 2012 (BoD of 10 May 2012). 2 • Consolidated results • Insurance business • Non-life insurance business Agenda • Life insurance business • Banking business • Investment management • Capital and Solvency • Fondiaria-SAI and Milano Assicurazioni key consolidated results UNIPOL GROUP: CONSOLIDATED RESULT BY BUSINESS SECTOR €m 1Q12* 1Q13 before Premafin Group acquisition Non-life Life Banking R.E. Holding Cons. Non-life Life Banking R.E. Holding Cons. Other busin. Net Other busin. Net + Cons. adj. result + Cons. adj. result 74 27 3 -0 -16 88 153 74 -13 -3 -76 135 No integration costs in 1Q13 Note: after tax and before minorities results * Figures recalculated vs the1Q12 approved by the BoD of 10 May 2012 following the restatement of the 2011 comparative data included in 2012 4 Consolidated Financial Statement. The original net results by segment were: Non-life +68, Life +16, Banking +3, Holding and Other -16, Total 71. UNIPOLSAI: NET RESULTS OF COMPANIES INVOLVED IN THE MERGER €m Unipol Assicurazioni S.p.A. Fondiaria-SAI S.p.A. 96.5 51.3 59.4 49.7 1Q13 1Q13 Milano Assicurazioni S.p.A. Premafin S.p.A. 46.4 40.3 - 2.5 - 3.1 1Q13 1Q13 IAS result Italian GAAP result Note: stand alone companies’ result 5 • Consolidated results • Insurance business • Non-life insurance business Agenda • Life insurance business • Banking business • Investment management • Capital and Solvency • Fondiaria-SAI and Milano Assicurazioni key consolidated results DIRECT INSURANCE INCOME €m 1Q12 1Q13 4,485 +7.8% 4,161 1,452 2,036 +40.2% 2,629 2,507 +4.9% 872 1,856 +12.2% +36.1% 1,654 1,188 580 2,709 848 +46.3% 2,449 -9.6% 1,635 1,441 -11.8% 1,075 1,008 -6.2% Unipol Group Fondiaria-SAI Unipol Group Unipol Group Fondiaria-SAI Unipol Group stand alone consolidated pro-forma stand alone consolidated Non-life premiums Life premiums 7 • Consolidated results • Insurance business • Non-life insurance business Agenda • Life insurance business • Banking business • Investment management • Capital and Solvency • Fondiaria-SAI and Milano Assicurazioni key consolidated results NON-LIFE – DIRECT PREMIUM INCOME €m Motor Non Motor 2,709 2,449 -9.6% Motor 15.0% 983 933 -5.0% Accident & Health 10.7% Property 61.9% 1,726 1,516 -12.2% 6.8% General TPL 5.6% Other 1Q12 1Q13 pro-forma Income by company (Unipol Group stand alone) Income by company (Fondiaria-SAI cons.) Fondiaria- Unipol 758 -10.6% 823 -6.8% SAI Ass.ni Milano 556 Ass.ni -14.3% Unisalute 103 -3.3% -6.2% Liguria 50 -20.1% -11.8% Linear 55 +0.2% Siat 33 +22.1% Other -8.4% Arca 27 -10.2% companies 44 o/w ca. 3 pp (estimate) due to MV TPL premiums’ accounting changes after elimination of tacit renewal 9 NON-LIFE - COMBINED RATIO (DIRECT BUSINESS) 100.6% Combined ratio 97.8% 93.2% 93.6% 92.0% 89.4% 15.5% 15.3% 15.1% 15.2% 15.5% 16.0% 7.1% 22.9% 23.4% Expense ratio 24.1% 7.1% 7.0% 7.7% 7.9% 8.2% Loss r atio* 78.0% 71.1% 70.7% 75.4% 65.2% 68.6% 1Q12 1Q13 1Q12 1Q13 1Q12 1Q13 pro-forma Unipol Group Fondiaria -SAI Unipol Group stand alone consolidated Loss Ratio Other operating expenses/premiums Commissions/premiums * Including OTI/premiums 10 NON-LIFE – MV TPL TECHNICAL INDICATORS 1Q13 Unipol Assicurazioni S.p.A. Fondiaria-SAI S.p.A. Milano Assicurazioni S.p.A. Var vs 1Q12 Var vs 1Q12 Var vs 1Q12 Total portfolio -3.4% -10.1% -6.7% o/w: Retail -3.5% -7.1% -6.8% Fleets -1.8% -40.6% -4.9% Portfolio -1.0% -1.2% -2.0% average premium No. of claims reported -11.8% -16.6% -15.4% (followed up passive claims) Claims settlement speed (current year managed claims) -1.2 p.p. +0.8 p.p. +1.3 p.p. Frequency -0.8 p.p. -0.6 p.p. -0.8 p.p. 11 • Consolidated results • Insurance business • Non-life insurance business Agenda • Life insurance business • Banking business • Investment management • Capital and Solvency • Fondiaria-SAI and Milano Assicurazioni key consolidated results LIFE – DIRECT INCOME €m +40.2% Index/Unit linked: 705 (+134.3%) 34.6% o/w 130 €m for 2,036 retirement policy 1,452 45.6% 13.3% Capitalization: 271 (+133.6%) 6.5% 1Q12 1Q13 pro-forma Traditional: Pension Funds: 928 (+6.6%) 132 (-20.1%) Income by company (Unipol Group stand alone) Income by company (Fondiaria-SAI cons.) Fondiaria-SAI 215 +9.1% +33.9% Unipol Ass.ni 567 Milano Ass.ni 81 -4.2% Arca Vita +80.0% +46.3% PopVita + +36.1% 281 854 +51.2% +AVI LawLife Other n.s. 38 +44.8% Linear Life 0,0 companies 13 LIFE – APE BY COMPANY €m 1Q12 1Q13 var. % Unipol Assicurazioni S.p.A. 47 62 33.8% Arca Vita+AVI 16 29 75.4% Fondiaria-SAI S.p.A. 23 25 9.7% Milano Assicurazioni S.p.A. 10 11 7.8% Popolare Vita+Lawrence Life 57 88 53.7% Other Companies 3 5 37.8% Unipol Group pro-quota 83* 115 38.7% * Pro-forma 14 • Consolidated results • Insurance business • Non-life insurance business Agenda • Life insurance business • Banking business • Investment management • Capital and Solvency • Fondiaria-SAI and Milano Assicurazioni key consolidated results UNIPOL BANCA GROUP €m Direct Deposits* Indicators third parties Unipol Group securitisation Unipol Unipol Unipol Unipol Banca Gr. Group*** Banca Gr. Group*** 9,685 9,695** +0.1% 289 498 +72.6% Lending indicators FY12 1Q13 1,288 1,110 -13.8% Net non-performing loans 2,040 1,937 2,114 1,952 Net non-performing loans/loans 20.2% 19.4% 21.0% 19.7% 8,108 8,087 -0.3% NPL coverage ratio 20.3% 24.3% 21.1% 27.2% Bad&doubtful loans coverage ratio 31.9% 36.9% 32.1% 40.0% FY12 1Q13 Total loans coverage ratio 5.3% 6.2% 5.7% 7.2% Lending Capital indicators FY12 1Q13 customers securitised Tier 1 ratio 8.4% 8.1% (= Core Tier 1 ratio) 10,112 10,053 -0.6% Total capital ratio 14.5% 14.0% 3,284 3,232 -1.6% Economic indicators 1Q12 1Q13 Interest income 47 51 Non-interest income 52 37 6,828 6,822 -0.1% Gross operating income 100 88 70.9% FY12 1Q13 Cost/Income ratio 66.5% Gross result 10 -16**** Net result 3 -15 * Management figures *** Including UGF S.p.A. provisions ** Accounting figure 9,952 €m (+0.4%) including collateralized deposits c/o **** Management figure including assets under disposal 16 Cassa Compensazione e Garanzia (258 € m). • Consolidated results • Insurance business • Non-life insurance business Agenda • Life insurance business • Banking business • Investment management • Capital and Solvency • Fondiaria-SAI and Milano Assicurazioni key consolidated results FINANCIAL INVESTMENTS 1Q13* €bn INVESTMENTS BOND PORTFOLIO 45.1 €bn 41.3 €bn Breakdown by asset Government: Spain Government: Others 3.9% Corporate Cash: Ireland Equity and Funds: 5% 1.8 (4.0%) Portugal 2.0 (4.5%) 2.2% Financials 17% Bonds: 41.3 (91.5%) Government: Italy 72.0% Government (78% on tot. Bonds) * Insurance investments managed by Unipol Group, mark to market, excluding class D, debt securities issued by group’s companies, DDOR and Lawrence Life 18 INCOME FROM FINANCIAL INVESTMENTS 1Q13* €m 63 411 462 -13 TOTAL coupons and dividends gains fair value through P&L total income Yield % 3.73% 0.57% -0.11% 4.18% 19 108 113 -14 FOCUS ON NON-LIFE coupon and dividends gains fair value through P&L total income Yield % 3.00% 0.52% -0.38% 3.13% 42 343 301 -0 FOCUS ON LIFE coupon and dividends gains fair value through P&L total income Yield % 4.17% 0.58% -0.00% 4.75% *Income from insurance companies managed by Unipol Group, excluding class D, debt securities issued by group’s companies, DDOR and Lawrence Life 19 • Consolidated results • Insurance business • Non-life insurance business Agenda • Life insurance business • Banking business • Investment management • Capital and Solvency • Fondiaria-SAI and Milano Assicurazioni key consolidated results AFS RESERVE TREND €m 301 252 125 69 49 56 FY12 1Q13 Spread Btp/Bund 318 345 Equity* Bonds* * Break-up based on in-house estimates 21 SOLVENCY I* AS AT 31 MARCH 2013 €bn Fondiaria-SAI Milano Assicurazioni Unipol Group Consolidated Solvency Consolidated Solvency 4.4 1.6x 7.0 2.4 2.2 1.1x 0.8 1.2x 2.6 0.9 0.3 0.2 Available capital Solvency requirements Excess capital * After IVASS Ruling no. 43 22 • Consolidated results • Insurance business • Non-life insurance business Agenda • Life insurance business • Banking business • Investment management • Capital and Solvency • Fondiaria-SAI and Milano Assicurazioni key consolidated results FONDIARIA-SAI – KEY CONSOLIDATED RESULTS €m 1Q12 1Q13 var. % Premium income (local GAAP) 2,506.9 2,628.8 4.9% Non-Life business 1,634.6 1,441.2 -11.8% MV 1,101.6 931.1 -15.5% Non-MV 533.0 510.1 -4.3% Life business (inc.
Load more

Recommended publications
  • Of Programmes for the Purchase of Unipol Gruppo S.P.A
    Bologna 30 June 2014 CLOSING OF THE SALE AGREEMENT OF FORMER MILANO ASSICURAZIONI INSURANCE BUSINESS TO ALLIANZ On the date hereof, pursuant to the sale and purchase agreement disclosed to the market on March 15, 2014, UnipolSai Assicurazioni S.p.A. completed the transfer to Allianz S.p.A. of an insurance business belonging to the former Milano Assicurazioni. In this respect, the parties gave immediate effect to the transfer of the distribution activity of insurance products pertaining to such branch of business, which includes, inter alia, a network of 725 agencies and 470 employees dedicated to the management of such activities, against payment of Euro 200 million by Allianz. Such branch of business also includes the Non-Life insurance portfolio managed by the transferred agencies, with premiums approximately equal to Euro 1.1 billion (data updated as of 31 December 2013), the transfer of which shall become effective on 31 December 2014, subject to IVASS approval and against payment by Allianz of an additional price. The price shall be determined on the basis of amount of the portfolio transferred or renewed for a further amount up to a maximum of Euro 240 million, resulting in an aggregate purchase price of a maximum of Euro 440 million. *** Contacts Unipol Group Press Office Barabino & Partners Unipol Group Investor Relations Andrea Gaudenzi Massimiliano Parboni Adriano Donati Fernando Vacarini [email protected] Tel. +39/051/5077933 Tel. +39/051/5077705 Tel. +39/335/8304078 Tel. +39/011/6657642 [email protected] Giovanni Vantaggi [email protected] [email protected] Tel.
    [Show full text]
  • Unipol Gruppo Finanziario 2013 Consolidated Financial Statements
    Unipol Gruppo Finanziario 2013 Consolidated Financial Statements UNIPOL GRUPPO FINANZIARIO S.P.A. _____________________________________________________________ Registered and Head Offices at Via Stalingrado 45, Bologna Share capital €3,365,292,408.03 fully paid-up Tax Code and registration number in the Bologna Business Register 00284160371 - R.E.A. No. 160304 Parent of the Unipol Insurance Group entered in the Register of Insurance Groups - No. 046 www.unipol.it 2013 Consolidated Financial Statements Bologna, 20 March 2014 CONTENTS Company bodies .......................................................................................................................... 7 Introduction Macroeconomic background and market performance ............................................................... 9 Principal new legislation ............................................................................................................ 15 Graph showing Consolidation Scope as at 31 December 2013 ............................................. 20 Graph showing Consolidation Scope as at 1 April 2014 ........................................................ 22 MANAGEMENT REPORT Preamble ...................................................................................................................................... 27 Group highlights ........................................................................................................................... 29 Management report .....................................................................................................................
    [Show full text]
  • Unipolsai Assicurazioni 2014 Sustainability Report Graphic Design Industree S.P.A
    UnipolSai Assicurazioni 2014 Sustainability Report Graphic design Industree S.p.A. UnipolSai Assicurazioni Sustainability Report 2014 SEPARATORE INTRO SEPARATORE INTRO Contents Key performance indicators 7 Methodological note 9 Identity 10 1 Company Identity 12 1.1 Company history 12 1.2 Mission and Values 13 2 Governance 14 2.1 Shareholding structure 14 2.2 The system of governance 14 2.2.1 Corporate bodies 14 2.2.2 Corporate Governance 16 2.2.3 Organisational and Management Model 18 2.2.4 Internal control and risk management system 19 2.2.5 Personal data protection 25 Financial performance 26 3 Key financial indicators 28 3.1 Non-Life sector 30 3.2 Life sector 32 Social performance 34 7 Agents 83 7.1 Geographical presence 83 4 Shareholders 36 7.2 Network-support services 85 4.1 Share capital and share trading trends 36 4.2 Investor relations 38 8 Suppliers 90 4.3 Investment policies 40 8.1 Management and selection 90 4.3.1 ESG investment policies and criteria 42 8.2 Supplier size and characteristics 91 4.3.2 Investments in “sustainable companies” 43 9 The Community 93 5 Employees 47 9.1 Social initiatives 93 5.1 General details 47 9.1.1 Contributions 93 5.2 Staffing trend 48 9.1.2 Interventions 94 5.3 Relations with Trade Unions 49 9.2 Activities supporting the community 96 5.4 Employee relations 50 9.3 The agency network across the country 97 5.4.1 Internal communication and participation 50 5.4.2 Protection of the health and safety of workers 51 5.4.3 Corporate welfare 53 5.4.4 Inclusion and recognising the value of diversity 56 5.4.5
    [Show full text]
  • Annual Report Annual Report 2013 Annual Assicurazioni Siat
    ANNUAL REPORT ANNUAL 2013 Via V Dicembre, 3 - 16121 Genova - Italy Photo by Paolo Airenti. Tel. 0039.010.5546.1 - Telefax 0039.010.5546.400 2013 www.siat-insurance.com - [email protected] ANNUAL REPORT SIAT ASSICURAZIONI SIAT In 2013 SIAT donated to Istituto Giannina Gaslini In April 2014, in the Economics Faculty of Genoa University, a portable pH meter, an essential instrument used during Mr Cerni (Managing Director of Siat) partecipated at the opening Neonatal Emergency Transport Service (NETS) that makes it of the 3rd Master “Marine Insurance” giving the main possible to monitor gases dissolved in the blood, as well as the spech entitled “Who invented insurance? Who will reinvent it?”. degree of acidity or alkalinity in the blood of a newborn baby. NETS performs the delicate task of transferring newborn babies who at birth - or during the period immediately afterwards - need intensive care and who cannot be cared for in the hospital where they were born. It is essential to stabilise the baby’s clinical condition before leaving for the Gaslini. To do this, it is necessary to have a number of clinical parameters to help decide on appropriate stabilisation measures and subsequent therapeutic action during transport. ANNUAL REPORT ANNUAL 2013 Via V Dicembre, 3 - 16121 Genova - Italy Photo by Paolo Airenti. Tel. 0039.010.5546.1 - Telefax 0039.010.5546.400 2013 www.siat-insurance.com - [email protected] ANNUAL REPORT SIAT ASSICURAZIONI SIAT In 2013 SIAT donated to Istituto Giannina Gaslini In April 2014, in the Economics Faculty of Genoa University, a portable pH meter, an essential instrument used during Mr Cerni (Managing Director of Siat) partecipated at the opening Neonatal Emergency Transport Service (NETS) that makes it of the 3rd Master “Marine Insurance” giving the main possible to monitor gases dissolved in the blood, as well as the spech entitled “Who invented insurance? Who will reinvent it?”.
    [Show full text]
  • Joint Press Release Extraordinary
    JOINT PRESS RELEASE EXTRAORDINARY SHAREHOLDERS’ MEETINGS APPROVED MERGER OF PREMAFIN, UNIPOL ASSICURAZIONI AND MILANO ASSICURAZIONI INTO FONDIARIA-SAI Bologna, 26 October 2013 -The extraordinary shareholders’ meetings of Unipol Assicurazioni S.p.A. (“Unipol Assicurazioni”), FONDIARIA-SAI S.p.A. (“Fondiaria- SAI”) and Premafin Finanziaria S.p.A. - Holding di Partecipazioni (“Premafin”), held yesterday, and the extraordinary shareholders’ meeting of Milano Assicurazioni S.p.A. (“Milano Assicurazioni”), held today, approved the merger by incorporation of Premafin, Unipol Assicurazioni and, possibly, Milano Assicurazioni into Fondiaria-SAI (the “Merger”). The participation of Milano Assicurazioni in the Merger is still subject to approval by the special meeting of holders of savings shares of Milano Assicurazioni, which should be held at 10.30 on Monday, 28 October 2013 on second call. Should the special meeting of Milano Assicurazioni fail to approve the operation, the merger of Premafin and Unipol Assicurazioni into Fondiaria-SAI will be performed nonetheless. The company resulting from the merger will take the new business name “UnipolSai Assicurazioni S.p.A.”, in short “UnipolSai”. As previously announced to the market, the Merger is an integral and essential part of the integration plan between the Unipol Group and the former Premafin-Fondiaria-SAI Group as announced to the market on 29 January 2012, aiming at the creation of a leader in the domestic insurance market (the “Integration Plan”). The extraordinary shareholders’ meetings approved, without any changes or additions, the Merger plan approved on 20 December 2012 by the Boards of Directors of the companies participating in the Merger after the favorable opinion of the respective committees for transactions with related parties (the “Merger Plan”).
    [Show full text]
  • UNIPOL GRUPPO FINANZIARIO S.P.A. (Incorporated with Limited Liability in the Republic of Italy)
    http://www.oblible.com BASE PROSPECTUS UNIPOL GRUPPO FINANZIARIO S.p.A. (incorporated with limited liability in the Republic of Italy) €2,000,000,000 Euro Medium Term Note Programme Under this €2,000,000,000 Euro Medium Term Note Programme (the Programme), Unipol Gruppo Finanziario S.p.A. (UGF or the Issuer) may from time to time issue notes (the Notes) denominated in any currency agreed between the Issuer and the relevant Dealer (as defined below). UGF is the parent company of UnipolSai Assicurazioni S.p.A. (UnipolSai or the Company Resulting from the Merger), the company resulting from the merger by way of incorporation of Unipol Assicurazioni S.p.A. (Unipol Assicurazioni), Milano Assicurazioni S.p.A. (Milano Assicurazioni) and Premafin Finanziaria S.p.A. – Holding di Partecipazioni (Premafin) into Fondiaria SAI S.p.A. (Fondiaria SAI and, together with Unipol Assicurazioni, Milano Assicurazioni and Premafin, the Companies Participating in the Merger). The merger of Unipol Assicurazioni, Milano Assicurazioni and Premafin into Fondiaria SAI became effective on 6 January 2014 (the Merger) and, concurrently, the shares of UnipolSai commenced trading on the Mercato Telematico Azionario, the Italian automated screen-based trading system managed by Borsa Italiana S.p.A. The maximum aggregate nominal amount of all Notes from time to time outstanding under the Programme will not exceed €2,000,000,000 (or its equivalent in other currencies calculated as described in the Programme Agreement described herein), subject to increase as described herein. The Notes may be issued on a continuing basis to one or more of the Dealers specified under "General Description of the Programme" and any additional Dealer appointed under the Programme from time to time by the Issuer (each a Dealer and together the Dealers), which appointment may be for a specific issue or on an ongoing basis.
    [Show full text]
  • Formely Fondiaria-Sai
    UnipolSai Assicurazioni 2013 Consolidated Financial Statements 2013 CONSOLIDATED FINANCIAL STATEMENTS MAIN EVENTS IN 2013 . 15 January 2013: IVASS announced the launch of authorisation procedures with effect from 28 December 2012 regarding the merger by incorporation of Premafin, Unipol Assicurazioni and Milano Assicurazioni into Fondiaria-SAI. On 25 July 2013, on conclusion of the investigation procedure, IVASS released its authorisation for the merger; . 28 January 2013: in accordance with Article 2501-quater, first paragraph of the Civil Code, the proposal of merger by incorporation into Fondiaria-SAI S.p.A of Premafin Finanziaria S.p.A. - Holding di Partecipazioni, Unipol Assicurazioni S.p.A. and Milano Assicurazioni S.p.A., approved by the Board of Directors of the participating Companies in the merger on 20 December 2012, was filed at the registered office of the Company and published on the website of the Company in the “Integration Plan Unipol – Fondiaria-SAI” section. 14 March 2013: the Ordinary Shareholders’ Meeting of Fondiaria-SAI S.p.A., called at the request of the ad acta Commissioner Mr. Matteo Caratozzolo and meeting in second call, approved by a 99.96% majority of ordinary shareholders represented at the meeting the pursuit of the corporate responsibility action against those indicated in the Report prepared for the Shareholders’ Meeting by the ad acta Commissioner and published in accordance with law. Similarly, the Ordinary Shareholders’ Meeting of Milano Assicurazioni S.p.A. approved, by a 99.79% majority of ordinary shareholders represented at the meeting, the pursuit of the corporate responsibility action against those indicated in the Report prepared for the Shareholders’ Meeting by the ad acta Commissioner and published in accordance with law.
    [Show full text]
  • 2019 Annual Report Graphic Design by Mercurio GP Srl
    2019 Annual Report Graphic design by Mercurio GP Srl UnipolSai Assicurazioni UnipolSai Assicurazioni Annual Report 2019 Translation from the Italian original solely for the convenience of international readers. EVOLVING. GOING BEYOND. Financial year 2019 is the starting point for a new and ambitious mission: evolution. In the current economic scenario, in which the entire insurance sector is undergoing extensive changes, we want to continue looking forward, backed by our role as market leader, which we have built over time alongside our stakeholders. Evolving with a change in pace that enables the UnipolSai and the Unipol Group to become leader in three major ecosystems: Mobility-Welfare-Property. The strength of our assets - people, technology and sustainability - will allow us to overcome the single concept of insurance in order to evolve together, continuing to create shared value. CONTENTS Company bodies 7 3. Notes to the Financial Statements 101 Foreword 102 Introduction 8 Part A: Measurement criteria 103 Macroeconomic background and market performance 8 Part B: Information on the Statement of Financial Position and Main regulatory developments 11 Income Statement 115 1. Management Report 15 Part C: Other Information 170 Information on significant events 16 Statement summarising the key figures of the financial statements of Unipol Gruppo at 31 December 2018 and Insurance business highlights 21 31 December 2017 170 Share performance 22 Consolidated Financial Statements 171 Shareholding structure 22 Information on public funds received 171 Operating performance 23 Fees for audit and non-audit services 172 Non-Life insurance business 28 Proposed allocation of profit for the period and relevant Life business and Pension Funds 36 effects on the shareholders' equity 173 Sales and settlement organisation 39 4.
    [Show full text]
  • Impresæ Da Raccontare
    IMPRESÆ DA RACCONTARE Le Compagnie del Gruppo Unipol nella storia e nel futuro dell’Italia A cura dell’Archivio Storico di CUBO SPAZIO ARTE CUBO 04.09.2017 – 07.10.2017 IMPRESÆ DA RACCONTARE Erede di una lunga storia che inizia nel 1825, Unipol Gruppo è uno dei principali protagonisti del mercato assicurativo e bancario in Italia, dove opera dal 1963, anno in cui la Compagnia Assicuratrice Unipol inizia le attività. Questa prima esposizione racconta le vicende delle imprese entrate a far parte del Gruppo, imprese che hanno avuto un ruolo significativo nella storia del nostro paese. La mostra si articola su un arco temporale di quasi due secoli ed è incentrata su quattro compagnie: Milano Assicurazioni, La Fondiaria Assicurazioni, SAI e Unipol Assicurazioni, e quattro città: Milano, Firenze, Torino e Bologna. È il 1825 quando viene fondata la Compagnia di Assicurazione di Milano contro i danni degli incendi, sulla vita dell’uomo e per le rendite vitalizie. È la prima Società per Azioni italiana in una Milano che vede crescere le simpatie per la causa dell’unità nazionale. In una Firenze in piena espansione edilizia, dopo essere stata la seconda capitale del Regno d’Italia (1865-1870), nel 1879 viene costituita La Fondiaria Compagnia italiana d’assicurazioni a premio fisso contro l’incendio. Tra fine Ottocento e inizio Novecento, l’Italia si dota di un proprio apparato industriale ed esce vittoriosa dalla Prima Guerra Mondiale (1915-1918); alla fine del conflitto, nel 1921 a Milano, alcuni tra i maggiori gruppi industriali italiani danno vita alla Società Assicuratrice Industriale (SAI), poi trasferita a Torino.
    [Show full text]
  • Company Profile Unipol Group Profile
    Company profile Unipol Group Profile Unipol Group Leadership in Italy Non Life In Motor # 1 Insurance Group # 1 Business In Health Sales Network # 1 Business # 1 In applied In Financial Sector # 1 Technology # 1 Reputation 2 Unipol Group Profile Unipol Group Profile The leading insurance group in the Italian Non-Life business market, with: • a market share of 21% in the Non-Life business and one of the top ten in Europe; • €14.0bn of premiums collected (2019), of which €8.2bn in Non-Life business and €5.8bn in Life business. One of the leaders in pension funds in the Italian market with €4.8bn in managed assets. It uses an integrated strategy to provide the widest range of insurance and financial products and services, and is particularly active in the areas of supplementary pensions schemes and health insurance. Real Estate, Hotels and Agriculture, Long Term Rental and NPL recovery are other important macro business sectors alongside the insurance core business. One of the main Italian institutional investors: managing €58bn in financial assets and real estate. Listed on the Italian Stock Exchange, alongside its main subsidiary UnipolSai, with a market cap of €3.7bn (Unipol) and €7.3bn (UnipolSai) at 31 December 2019. The leading Italian company in terms of reputation in the financial sector (banking and insurance) with a score of 67.6/100 according to the 2019 Italy RepTrak® ranking (general public perception index) run by the Reputation Institute. Excellent track record in consolidation: the current structure is the result of a series of acquisitions made over the past 20 years: Aurora e Meie (2000), Winterthur Italia (2003), and Fondiaria-SAI (2012) are the most significant.
    [Show full text]
  • Informazione Regolamentata N. 0230-43-2015
    Informazione Data/Ora Ricezione Regolamentata n. 11 Giugno 2015 MTA 0230-43-2015 20:50:10 Societa' : UNIPOLSAI Identificativo : 59657 Informazione Regolamentata Nome utilizzatore : UNIPOLSAIN05 - Giay Tipologia : IRCG 02 Data/Ora Ricezione : 11 Giugno 2015 20:50:10 Data/Ora Inizio : 11 Giugno 2015 21:05:10 Diffusione presunta Oggetto : Notices concerning UnipolSai Governance Testo del comunicato Vedi allegato. Bologna, 11 June 2015 With reference to the governance requirements imposed by the insurance Supervisory Authority when authorizing the acquisition of a controlling stake in the former Premafin/Fondiaria Sai Group, and in particular with regard to the need to ensure that, within a maximum period of 18 months from the effective date of the merger of Unipol Assicurazioni S.p.A., Milano Assicurazioni S.p.A., Premafin HP S.p.A. into Fondiaria-Sai S.p.A., as a result of which UnipolSai Assicurazioni S.p.A. (“UnipolSai”) was established, two separate Chief Executive Officers be appointed in Unipol Gruppo Finanziario S.p.A. (“UGF”) and in UnipolSai, notice is hereby given of the following: - in order to ensure a continuity of management objectives and an appropriate degree of coordination and supervision of the above companies during the remaining phases of the integration process now under way, the Unipol Group requested I.V.A.S.S. to extend the period to comply with the aforesaid requirement, originally set at 6 July 2015, until the date of approval of the financial statements for the year 2015, when the mandates of the Board of Directors of UGF and UnipolSai expire and the time span of the respective Business Plans 2013-2015; - I.V.A.S.S.
    [Show full text]
  • Life Insurance Business
    Unipol Group Presentation of consolidated results as at 30 September 2013 Carlo Cimbri - CEO Bologna, 14 November 2013 • Consolidated results • Insurance business • Non-life insurance business • Life insurance business Agenda • Banking business • Real Estate • Investment management • Capital and Solvency • Fondiaria-SAI and Milano Assicurazioni key consolidated results UNIPOL GROUP: CONSOLIDATED RESULT BY SEGMENT 9M13* €m Non-life Life Banking Real estate & Holding Consolidated business business business Other activities net result 510 200 -147 -66 - 133 363 Incl. amortization Incl. Unipol Banca Incl. amortization Incl. provisions on on intangible loans and other Incl. integration on intangible Unipol banca loans assets of VIF assets write-downs costs of -43 €m assets VOBA of portfolio of -37 €m of -245 €m before tax. -81 €m -100€m before tax. before tax. before tax. before tax. * Pre-tax results, pre-minorities. 3 UNIPOLSAI: 9M13 NET RESULTS OF COMPANIES INVOLVED IN THE MERGER €m IAS results 215 168 92 -9 Unipol Fondiaria-SAI Milano Premafin Assicurazioni Assicurazioni Italian GAAP results 369 133 174 -11 Unipol Fondiaria-SAI Milano Premafin Assicurazioni Assicurazioni Note: stand alone companies’ result 4 • Consolidated results • Insurance business • Non-life insurance business • Life insurance business Agenda • Banking business • Real Estate • Investment management • Capital and Solvency • Fondiaria-SAI and Milano Assicurazioni key consolidated results DIRECT INSURANCE INCOME €m 9M12 9M13 +0.2% 12,170 12,192 4,466 5,135 +15.0% 7,249
    [Show full text]