Unipol stock: nine-month profit rises 12.4% to 1.388 billion euros
Published on 11/13/2026 at 17:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUnipol results strengthen insurance focus
- Insurance Group profit rose 30.1 percent in the first nine months, while direct insurance income increased 5.3 percent on a normalized basis.
- The group solvency ratio stood at 244 percent, compared with 275 percent for the Insurance Group.
Unipol reported stronger insurance operations for the first nine months of 2026, with the group posting a consolidated net profit of 1.388 billion euros including the full nine-month contribution from its BPER Banca investment. The figures were reported by Borsa Italiana on Friday, November 13, 2026.
Insurance earnings lead the update
Insurance Group net profit rose 30.1 percent to 1.249 billion euros. Reported consolidated profit, which includes BPER's contribution only for the first half, increased 12.6 percent to 1.262 billion euros. The distinction matters because the higher consolidated figure includes the associate bank's contribution for the full nine-month period.
Direct insurance income reached 12.8 billion euros, up 5.3 percent from the normalized figure for the same period a year earlier. Non-life income rose 3.9 percent to 7.0 billion euros, while life income increased 7.2 percent to 5.8 billion euros.
Capital and underwriting remain in focus
Unipol's combined ratio was 92.5 percent, in line with the targets of its plan. The result came despite catastrophe losses during the summer, leaving underwriting performance as a central measure for investors assessing the insurer's earnings quality.
The group solvency ratio stood at 244 percent, while the Insurance Group's solvency ratio was 275 percent. For investors, the figures combine a stronger profit contribution from the core insurance business with a capital position that remains central to the group's financial profile.
Unipol at a glance
- Company: Unipol
- ISIN: IT0004810054
- Reporting period: First nine months of 2026
- Consolidated net profit: 1.388 billion euros including BPER's full nine-month contribution
- Insurance Group net profit: 1.249 billion euros
- Combined ratio: 92.5 percent
- Group solvency ratio: 244 percent
Italian insurers trade in a broader European financial-market setting. Current market reports provide the wider context.
