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Unipol 2006 premium income at 10.8 bln eur; sees net profit beating targets


Published :
Fri, 26 Jan 2007 16:11
By : Agencies
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MILAN (AFX) - Unipol Compagnia Assicuratrice SpA said its 2006 premium income stood at 10.8 bln eur, steady from 2005 levels, while it sees 2006 net profit being in line with 2005 and beating the insurer's targets.

The company added that consolidated net group profit in 2007 is also seen to grow and to be in line with the company's targets.

Unipol said is targeting premium income of some 11 bln eur for 2007.

In the banking unit Unipol Banca saw its customer deposits rise 11 pct to 7.8 bln eur, while its customer funds increased 12 pct to 26.4 bln eur and lending rose 18 pct to 6.2 bln eur.

For 2007 the unit aims at achieving customer deposits of 9 bln eur with customer funds of some 28 bln eur and lending exceeding 8 bln eur.

Final 2006 figures are due to be examined at the Mar 15 board meeting.

yael.schrage@thomson.com

ysc/rar

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