2024-07-13 17:02:21
(ANSA) – ROME, JULY 13 – Record profits for the insurance sector last year: 8 billion euros were reached, with exponential growth compared to the 2.3 billion achieved in 2022 for +5.7 billion, and a return on capital (ROE) equal to 10.5%, back to pre-covid levels. This is revealed in a report by the Fisac Cgil Studies & Research Office, based on Ania data relating to the 2023 financial statements. The insurance sector, as stated in the Fisac Cgil report, has recovered in particular a very strong profitability in the Life Sector which has generated 5.5 billion euros in profits compared to the loss of 0.4 billion in 2022. “The absolutely positive elements that emerge from the analysis, in terms of profitability and the solidity of the sector, confirm how the workers in the sector have worked at their best, with professionalism and dedication in a difficult year”, observes the general secretary of Fisac Cgil, Susy Esposito. “This must form the basis for significant recognition of the staff, starting from the next contract renewals, at first and second level”. The impacts of climate events on the profitability of the Damage Branches were strong, which nevertheless produced profits of 2.5 billion euros, in line with the 2022 figure of 2.3 billion. In fact, over the past year, Italy has recorded an all-time high in insured damages, with over 6 billion euros, of which 5.5 billion caused by atmospheric events and 800 million by floods in Emilia-Romagna and Tuscany. This is, the report highlights, a record volume of claims compared to an average of 2 billion euros in recent years. Also during 2023, the analysis by Fisac Cgil explains, the overall premium collection of direct Italian work reached 129.2 billion euros, equal to 6.2% of GDP, substantially confirming the 2022 figure (129.9 billion euros). (ANSA).
2024-07-13 17:02:21