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Unipol Gruppo SpA (UNPI.MI)

UNPI.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Unipol Gruppo Q1 Normalized Net Profit At EUR 163 Mln
Friday, 11 May 2018 12:55am EDT 

May 11 (Reuters) - Unipol Gruppo SpA ::Q1 NORMALIZED NET PROFIT EUR 163 MILLION VERSUS EUR 157 MILLION YEAR AGO.Q1 DIRECT INSURANCE PREMIUMS NET OF POPOLARE VITA EUR 3.2 BILLION.CONSOLIDATED SOLVENCY RATIO AT END-MARCH 181%.DIRECT BUSINESS COMBINED RATIO AT END-MARCH 94.1%.  Full Article

Unipol Group CEO doesn't see any M&A deals for Unipol Banca for now
Monday, 23 Apr 2018 09:29am EDT 

April 23 (Reuters) - Unipol Group Chief Executive Carlo Cimbri says: :DOES NOT SEE ANY M&A DEALS FOR UNIPOL BANCA AT THE MOMENT.SOLUTION FOR UNIPOL BANCA IS INTEGRATION WITH ANOTHER BANK, WHICH HAS NOT YET BEEN INDENTIFIED.  Full Article

Unipol Gruppo: Banking Business Is "Potentially" Mergeable - Conf Call
Friday, 9 Feb 2018 06:50am EST 

Feb 9 (Reuters) - UNIPOL GRUPPO SPA ::BANKING BUSINESS IS "POTENTIALLY" MERGEABLE - CONF CALL.  Full Article

Unipol Gruppo FY Prelim. Net Premiums Down At EUR 11.26 Bln
Friday, 9 Feb 2018 12:49am EST 

Feb 9 (Reuters) - UNIPOL GRUPPO SPA ::FY PRELIM NET PREMIUMS EUR 11.26 BILLION VERSUS EUR 13.79 BILLION YEAR AGO.FY PRELIM NET LOSS (GROUP SHARE) EUR 345.8 MILLION VERSUS PROFIT EUR 329.6 MILLION YEAR AGO.FY PRELIM ADJUSTED CONSOLIDATED NET PROFIT OF EUR 655 MILLION WITHOUT ONE-OFF EFFECTS OF RESTRUCTURING PLAN.EXPECTED DIVIDEND OF EUR 0.18 PER SHARE.BANKING BUSINESS RESTRUCTURING CONCLUDED: GOOD BANK IN OPERATION FROM FEB 1 2018.  Full Article

Italy's Carige picks Chenavari for Creditis unit sale
Monday, 4 Dec 2017 04:20pm EST 

Dec 4 (Reuters) - Italy's Banca Carige says: :IT HAS PICKED CHENAVARI INVESTMENT MANAGERS FOR EXCLUSIVE TALKS FOR SALE OF ITS CREDITIS UNIT.CHENAVARI INVESTMENT MANAGERS SIGNED FIRST ALLOCATION COMMITMENT WITH EQUITA SIM FOR UP TO 40 MILLION EUROS.IT EXPECTS TO FINALISE CREDITIS SALE BY DEC. 6.IT HAS AGREED TO SELL 1.2 BILLION EURO BAD LOAN PORTFOLIO AND DEBT SERVICING PLATFORM TO ITALY'S CREDITO FONDIARIO.BONDHOLDERS GENERALI, INTESA SANPAOLO VITA, UNIPOL SAI TO SUBSCRIBE TO CAPITAL INCREASE FOR A TOTAL OF 45 MILLION EUROS.  Full Article

Unipol Gruppo launches placement of Euro 500 mln​ debenture loan
Tuesday, 21 Nov 2017 04:04pm EST 

Nov 21 (Reuters) - Unipol Gruppo Spa ::Unipol gruppo spa says ‍launched placement of a non-convertible, non- subordinated, and unsecured debenture loan of eur 500 million​.  Full Article

Unipol Gruppo 9-month consolidated net loss, after the effects of banking sector restructuring plan, at EUR 229 million
Friday, 10 Nov 2017 12:53am EST 

Nov 10 (Reuters) - UNIPOL GRUPPO SPA ::9-MONTH CONSOLIDATED NET PROFIT EUR ‍​551 MILLION VERSUS EUR 439 MILLION YEAR AGO.COMBINED RATIO AT SEPT 30 AFTER REINSURANCE AT ‍96.4 PERCENT.9-MONTH CONSOLIDATED NET RESULT, AFTER THE EFFECTS OF BANKING SECTOR RESTRUCTURING PLAN, AMOUNTED TO A LOSS OF €229M‍​.SOLVENCY II RATIO AT SEPT 30 AT 139%.DECIDED TO RENEW EURO MEDIUM TERM NOTES (EMTN) PROGRAMME FOR A NOMINAL MAXIMUM AMOUNT OF €2BN,.  Full Article

Unipol Gruppo Finanziario H1 consolidated net loss of EUR 390 million, after bank restructuring adjustments
Friday, 4 Aug 2017 01:23am EDT 

Aug 4 (Reuters) - UNIPOL GRUPPO FINANZIARIO ::H1 CONSOLIDATED NET INCOME, INCLUDING THE EFFECTS OF THE RESTRUCTURING PLAN OF THE BANKING SECTOR, AMOUNTED TO LOSS OF EUR 390 MILLION.H1 NET PREMIUMS OF 5.69 BILLION EUROS VERSUS 7.59 BILLION EUROS YEAR AGO.COMBINED RATIO FOR DIRECT BUSINESS OF 95.3 AS AT JUNE 30.CONSOLIDATED SOLVENCY RATIO BASED ON ECONOMIC CAPITAL EQUAL TO 153%.  Full Article

Unipol CEO says reorganisation will have no impact on dividend target
Friday, 30 Jun 2017 02:51am EDT 

June 30 (Reuters) - Unipol Gruppo Finanziario CEO Carlo Cimbri says::Rules out raising stake in BPER Banca.No impact on dividend target from reorganisation of insurance business and bad bank creation.  Full Article

Unipol CEO says no plan to further up BPER stake
Thursday, 11 May 2017 05:39am EDT 

May 11 (Reuters) - Unipol Gruppo Finanziario Chief Executive Carlo Cimbri tells analysts in a conference call: :company has no plans to further increase stake in BPER Banca .will look for M&A opportunities for Unipol Banca after bad loan clean-up.the group said earlier on Thursday it held a 9.9 percent holding in BPER, out of which 5 percent was a stable investment and the remainder a financial one.BPER Banca's shares fell on Wednesday amid fears that the bank may end up buying fellow Italian lender Unipol Banca after Unipol Group's stake building nL8N1IC6KB.  Full Article

Italy's Unipol raises stake in BPER Banca to 14.2 percent

MILAN Italian financial group Unipol has further raised its stake in BPER Banca , and now owns 14.23 percent of the country's sixth-largest bank.