(ANSA) - MILAN, AUGUST 06 - Unipol closed the first half of the year with consolidated profits of 652 million euros, up from 617 million in the same period last year. Premiums, a note reads, amounted to 6.6 billion euros, up 7.4%, of which 3.9 billion in non-life, in line with last year, and 2.6 billion in life (+ 21%). The board of directors of the company has also called the shareholders' meeting for the first of October, proposing the distribution of a dividend of 0.28 euros per share, referring to the 2019 financial year and until now frozen at the request of IVASS due to the outbreak of the Covid pandemic. 19.
The net result was positively affected by the 138 million euros (22 million in 2020) deriving from the pro-quota consolidation of the result of Bper Banca, which was in turn influenced by extraordinary accounting items resulting from the acquisition of Ubi branches. Grupposi's consolidated Solvency ratio stands at 216%, which will drop to 212% after payment of the 2019 dividend.
The profitability of the non-life sector decreased, with pre-tax profit falling from 810 to 618 million despite a contribution of 68 million from Bper. A recovery in claims weighs on the trend after the collapse recorded in 2020 following the lockdown. Driving growth in the life business, where pre-tax profits rose from 14 to 111 million euros, was above all the bancassurance channel with Bper, with Arca Vita which recorded direct deposits of 1,165 million, up by 84 , 5%.
UnipolSai, the subsidiary in which the Unipol group concentrates its insurance activities, closed the half year with a profit of 542 million, slightly down on the 560 million in 2020, affected by the recovery of claims, which raised the combined ratio, an indicator of the profitability of the company. insurance management, from 82.1% in 2020 to 92.6%. (HANDLE).