MILAN, March 20 Italian insurer UnipolSai said on Thursday its net profit in 2013 on a proforma basis, to take account of a merger with a peer, was 694 million euros ($956.57 million).
Italy's No. 2 insurer, created from the merger of Unipol and the Fondiaria SAI group, said it would pay a dividend on 2013 results of 0.19559 euros per ordinary share.
The Bologna-based insurer said its Solvency I ratio was 1.5 times regulatory requirements.
It said it expected to post a positive operating result in 2014. ($1 = 0.7255 Euros) (Reporting by Stephen Jewkes; editing by Agnieszka Flak)