Unipol Grupo Spa (UFGSY) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.015 Good afternoon. This is the Coral School conference operator. 00:00:03.015 -- 00:00:08.903 Welcome and thank you for joining the Unipol Group first quarter 2026 results 00:00:08.903 -- 00:00:14.391 conference call. As a reminder, all participants are in listen-only mode. 00:00:14.391 -- 00:00:18.036 After the presentation, there will be an opportunity to ask questions. 00:00:18.036 -- 00:00:22.382 Should anyone need assistance during the conference call, they may signal an operator 00:00:22.382 -- 00:00:25.225 by pressing star and zero on their telephone. 00:00:25.225 -- 00:00:28.552 At this time, I would like to turn the conference over to Mr. 00:00:28.552 -- 00:00:34.363 Matteo La Terza, CEO of Unipol. Please go ahead, sir. 00:00:34.363 -- 00:00:36.427 Thank you very much, 00:00:36.427 -- 00:00:41.637 and good morning to everyone, and thank you for connecting to this call 00:00:41.637 -- 00:00:44.623 regarding the Q126 00:00:44.623 -- 00:00:46.032 issue. 00:00:46.032 -- 00:00:51.259 You saw the presentation and the press release, so there will not be 00:00:51.259 -- 00:00:56.446 a presentation on my side, but only a few remarks on 00:00:56.446 -- 00:01:01.352 how the quarter was, and by comparing 00:01:01.352 -- 00:01:05.978 Q1 26 with Q1 25, 00:01:05.978 -- 00:01:07.941 I can 00:01:07.941 -- 00:01:12.469 make only a couple of remarks. First of all, 00:01:12.469 -- 00:01:13.952 a 00:01:13.952 -- 00:01:18.159 significant improvement in the technical profitability 00:01:18.159 -- 00:01:21.165 in life and non-life. 00:01:21.165 -- 00:01:25.252 In particular, in life, the improvement was spread 00:01:25.252 -- 00:01:30.616 in all the line of business, traditional product, but also unit linked and commercial. 00:01:30.616 -- 00:01:35....