Edition:
United States

UnipolSai Assicurazioni SpA (US.MI)

US.MI on Milan Stock Exchange

1.98EUR
23 Feb 2018
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€0.01 (+0.66%)
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Latest Key Developments (Source: Significant Developments)

UnipolSai Places 500 Mln Euro Tier 2 Bond Due 2028
4:52am EST 

Feb 23 (Reuters) - UNIPOLSAI ::SAID ON THURSDAY IT LAUNCHED THE PLACEMENT OF TIER 2 SUBORDINATED DEBENTURE LOAN OF EUR 500 MLN WITH TEN YEAR MATURITY RESERVED TO QUALIFIED INVESTORS.THE ISSUE RECEIVED ORDERS FROM ABOUT 200 INVESTORS, AROUND THREE TIMES THE TARGET OF THE ISSUE.BOND TO BE ISSUED UNDER THE 3 BLN EURO MEDIUM TERM NOTES PROGRAM.BOND TO BE ISSUED AT THE PRICE OF 100 PCT AND TO HAVE A COUPON OF 3.875 PCT AND SPREAD OVER THE REFERENCE RATE EQUAL TO 274.5 BASIS POINTS.BOND PLACEMENT TO BE MANAGED BY JP MORGAN, MEDIOBANCA AND UNICREDIT AS JOINT LEAD MANAGERS.  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

UnipolSai Assicurazioni FY Prelim Net Profit Up At EUR 504.2 Mln
Friday, 9 Feb 2018 12:44am EST 

Feb 9 (Reuters) - UNIPOLSAI ASSICURAZIONI SPA ::FY PRELIM NET PROFIT EUR 504.2 MILLION VERSUS EUR 497.4 MILLION YEAR AGO.PROPOSES PRELIM DIVIDEND OF EUR 0.145 PER SHARE.INDIVIDUAL SOLVENCY II RATIO AT END-2017 AT 241 PERCENT.CONSOLIDATED SOLVENCY RATIO AT END-DEC BASED ON ECONOMIC CAPITAL EQUAL TO 206 PERCENT.BOARD AUTHORISES ISSUE UNDER EMTN PROGRAMME AND BY END-2018, OF A TIER 2 SUBORDINATED BOND.MAX PRINCIPAL AMOUNT OF BOND OF EUR 500 MLN IF SUITABLE MARKET CONDITIONS APPLY.  Full Article

UnipolSai 9-month net profit 430 mln euros
Friday, 10 Nov 2017 01:00am EST 

Nov 10 (Reuters) - UnipolSai Assicurazioni says::9-month consolidated net profit 430 million euros vs 427 million euros a year ago.individual solvency ratio at end Sept 243 percent unchanged versus end-Dec, consolidated solvency ratio 206 percent from 212 percent end-Dec.renews Euro Medium Term Notes programme for up to 3 billion euros.  Full Article

UnipolSai H1 net profit 282 mln euros
Friday, 4 Aug 2017 01:05am EDT 

Aug 4 (Reuters) - UnipolSai Assicurazioni says::H1 consolidated net profit 282 million euros vs 280 million euros the previous year.Individual solvency ratio at end-June 256 percent, consolidated economic solvency ratio 218 percent.  Full Article

UnipolSai Q1 net profit up 4.7 pct to 147 mln euros
Thursday, 11 May 2017 12:52am EDT 

May 11 (Reuters) - Unipolsai Assicurazioni says::Q1 consolidated net profit at 147 million euros, up 4.7 pct y/y .Individual solvency ratio equal to 240 percent at end-March, consolidated solvency ratio based on economic capital equal to 204 percent.Q1 direct insurance premiums at 2.83 billion euros.  Full Article

UnipolSai confirms 2016 dividend of 0.125 euros
Friday, 24 Mar 2017 02:20am EDT 

Italian insurer UnipolSai says: confirms 2016 net profit 527 million euros . confirms 2016 dividend of 0.125 euros per share Further company coverage: [US.MI] (Reporting by Milan newsroom).  Full Article

Unipol says exposure to Italy earthquake limited
Wednesday, 24 Aug 2016 10:46am EDT 

A spokesman for Italian insurance group Unipol, asked about the impact of the Italian earthquake in central Italy, says: From early estimates, and hoping there will be no new episodes, the overall exposure of Unipol is fairly limited. . The quake is not expected to trigger the group's 200 million euro Azzurro Re Catastrophe bond maturing in 2019 . Issued last year the Azzurro Re bond was the first so-called catastrophe bond to cover earthquake risk in Italy [nL8N1B52FX] . Investors who buy a catastrophe bond enjoy a high yield but lose the value of the bond if an event occurs within agreed parameters, including factors such as location and severity. Further company coverage: [US.MI] [UNPI.MI] (Reporting by Milan newsroom).  Full Article

UnipolSai H1 net profit 280 mln euros, to invest in Atlante II fund
Thursday, 4 Aug 2016 01:16am EDT 

UnipolSai says: H1 consolidated net profit 280 million euros versus analyst poll 238 million euros . individual solvency II ratio at end-June 194 percent, consolidated solvency II ratio 173 percent .board resolved to invest up to 100 million euros in Atlante II bank rescue fund.  Full Article

Unipol Gruppo says Q1 net profit 151 mln euros
Friday, 13 May 2016 01:26am EDT 

Unipol Gruppo Finanziaro SpA : Total net profit for 2016-2018 in range of 1.5-1.7 billion euros . Total dividends for 2016-2018 of 400 million euros . Group solvency II ratio for 2016-2018 of 120-160 percent .Q1 net profit of 151 million euros.  Full Article

BRIEF-UnipolSai Places 500 Mln Euro Tier 2 Bond Due 2028

* SAID ON THURSDAY IT LAUNCHED THE PLACEMENT OF TIER 2 SUBORDINATED DEBENTURE LOAN OF EUR 500 MLN WITH TEN YEAR MATURITY RESERVED TO QUALIFIED INVESTORS