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Unipol (UNI) investor relations material
Unipol Corporate presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Market position and business model
Holds a 23% market share in Italy, leading in non-life and health insurance with strong retail and SME focus.
Operates the largest agency network with 1,800 agencies and 4,900 sub-agencies, plus 3,000 bank branches via bancassurance.
Main shareholder in BPER, leveraging a distinctive bancassurance model for steady inflows and low lapse risk.
Technical excellence in claims management and telematics, with 53% market share in Italy for telematics.
99% of premiums collected domestically, with a diversified investment portfolio.
Financial performance and key figures
FY25 premiums up 11.1% to €17.4bn; net result up 40.5% to €1.53bn; dividends up 31.8% to €1.12/share.
Solvency ratio robust at 279% for Insurance Group and 230% for the Group.
1Q26 net result at €329m (+15.4%), with strong technical performance and premium growth (+7.1%).
Combined ratio improved to 90.0% in 1Q26, with Motor at 93.6% and Non-Motor/Health at 86.7%.
1Q26 Insurance Group solvency ratio at 295%, further strengthened by €1bn RT1 issuance.
Strategic plan 2025-2027: priorities and targets
Focus on industrial profitability, integrated data-driven retail platform, omnichannel distribution, and tech/AI skill development.
Motor: advanced data analytics, AI/ML pricing, and telematics for 10m insured vehicles.
Non-Motor: AI-driven product engineering, dynamic pricing, and NatCat claims model.
Life & Health: integrated insurance-services model, 11m health and 2.8m life customers, modular omnichannel offer.
Bancassurance: productivity boost via product innovation and multichannel services.
- Net profit up 15.4% to €329m, with combined ratio at 90% and solvency ratio at 295%.UNI
Q1 202615 May 2026 - Net profit up 36.8%, insurance income up 11.1%, and €1.12 dividend proposed per share.UNI
Q4 202520 Feb 2026 - Net profit up 22%, insurance income up 10.4%, and solvency ratio at 221%.UNI
Q2 20241 Feb 2026 - Net result €834m, insurance income up 9.1%, and combined ratio improved to 93.9%.UNI
Q3 202415 Jan 2026 - 2024 net profit up 5.2% to €1,119m; plan targets exceeded, dividend yield at 6.2%.UNI
Q4 20248 Jan 2026 - Targets €3.8bn net profit, €2.2bn dividends, and digital-driven growth by 2027.UNI
Strategic Plan 2025 -20271 Dec 2025 - Net profit up 12.1% to €407m, solvency ratio at 218%, life premiums up 35.5%.UNI
Q1 202517 Nov 2025 - Net profit up 54.7% to €1,120m, premiums rose 10.8%, and solvency ratio reached 265%.UNI
Q3 20257 Nov 2025 - Net profit up 12.1% to €622m, with strong growth in life and non-life segments and robust solvency.UNI
Q2 20258 Aug 2025
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