Q1 2020 Unipol Gruppo SpA and UnipolSai Assicurazioni SpA Earnings Pre-recorded Presentation Transcript

Mar 08, 2024

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May 15, 2020 / NTS GMT
Presentation
May 15, 2020 / NTS GMT

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Corporate Participants
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* Gianluca Santi
Unipol Gruppo S.p.A. - General Manager of Business Development & Corporate Communications

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Gianluca Santi - Unipol Gruppo S.p.A. - General Manager of Business Development & Corporate Communications

Good morning. My name is Gianluca Santi, and I'm the General Manager of Business Development and Corporate Communication of the Unipol Group.

The first quarter results have been impacted by the COVID-19 pandemic and by the relating lockdown which started on the 9th of March in Italy, being the only partially loosened at the beginning of May. The effects of the crisis are still due to foresee given the ever-changing situation.

Unipol pretax result showed a decrease from EUR 237 million in first quarter '19 to EUR 191 million in first quarter '20 driven down by the Life and Holding and other sectors, only partially offset by the contribution of Non-Life. The decreasing result of Life and Holding and

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