Shares in UnipolSai rise as Italian insurer debuts after merger

MILAN Mon Jan 6, 2014 3:27am EST

MILAN Jan 6 (Reuters) - Shares in Italian insurer UnipolSai rose 3 percent on Monday, the first day of trading for the new group following a merger to create the country's second biggest insurer.

The deed to merge Unipol Assicurazioni, Milano Assicurazioni and Premafin into Fondiaria was stipulated on Dec. 31.

Italy's blue-chip stock index was up 0.7 percent. (Reporting by Francesca Landini, editing by Valentina Za)