March 21, 2018 / 6:49 AM / 4 months ago

BRIEF-Cattolica Assicurazioni FY Net Profit Down At EUR 56 Million

March 21 (Reuters) - Cattolica Assicurazioni:

* COMBINED RATIO AT END-2017 AT 94.7 PERCENT

* FY NET PROFIT EUR 56 MILLION VERSUS EUR 76 MILLION YEAR AGO

* TOTAL PREMIUMS INCREASE UP TO €5BN (+5.2%); GROWTH BOTH IN LIFE (+7.5%) AND NON-LIFE (+2.1%)

* FY CONSOLIDATED NET PROFIT AT €56MLN (-40%) FOLLOWING THE Q1 ONE-OFF IMPAIRMENTS

* SOLVENCY II RATIO AT 239%

* TO PROPOSE DIVIDEND OF EUR 0.35 PER SHARE Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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