Unipol Grupo Spa (UFGSY) Q2 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.402 -- 00:00:03.427 Good afternoon, this is the Coruscall Conference Operator. 00:00:03.427 -- 00:00:10.178 Welcome and thank you for joining the Unipol Group First Half 2025 00:00:10.178 -- 00:00:13.002 Results Conference Call. 00:00:13.002 -- 00:00:17.089 As a reminder, all participants are in listen-only mode. 00:00:17.089 -- 00:00:21.596 After the presentation, there will be an opportunity to ask questions. 00:00:21.596 -- 00:00:26.691 Should anyone need assistance during the conference call, they may signal an operator 00:00:26.691 -- 00:00:32.395 by pressing star N2 on their telephone. 00:00:32.618 -- 00:00:36.442 At this time, I would like to turn the conference over to Mr. 00:00:36.442 -- 00:00:41.368 Matteo La Terza, CEO of Unipol. Please go ahead, sir. 00:00:41.368 -- 00:00:46.153 Good morning to everyone and thank you for participating to this call. 00:00:46.153 -- 00:00:51.359 Before opening the floor to the question, let me make some remarks on 00:00:51.359 -- 00:00:54.655 the number that we disclosed this morning. 00:00:54.655 -- 00:00:56.417 They were 00:00:56.417 -- 00:00:58.717 very solid 00:00:58.879 -- 00:01:04.225 numbers above all in terms of top line revenues and 00:01:04.225 -- 00:01:08.687 in terms of improving technical profitability. 00:01:10.211 -- 00:01:12.733 Starting from PNC, 00:01:12.733 -- 00:01:15.957 we achieved a premium growth 00:01:15.957 -- 00:01:18.097 at 4.5% 00:01:18.139 -- 00:01:23.371 driven by all the line of business above all, as usual, Health with 00:01:23.371 -- 00:01:26.032 a growth of 12% 00:01:26.237 -- 00:01:29.965 and bank assurance above 17%. 00:01:29.965 -- 00:01:33.654 Also in terms of technical profitability, 00:01:33.654 -- 00:01:37.687 the improvement was quite consistent with the combined ra...