Italian bank and insurer Unipol on
Friday posted nine-month profits down 5.9% to 724 million euros,
compared to the same period in 2023.
The result was affected by an employee solidarity fund worth a
pre-tax 103 million euros for the early retirement of some 500
employees.
Net profits considering the contribution of holdings BPER and
Banca Popolare di Sondrio went up 8.5% to 834 million euros as
of September 30, the bank said in a note.
Premiums went up 9.1% to 11.4 billion euros.
The solvency ratio of the group was 224% at the end of
September, the bank said.
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