2003 Social Report - PDF file - Unipol

2003
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THE HISTORY OF UNIPOL
June 2003: resolution to purchase the Italian companies Winterthur Assicurazioni
and Winterthur Vita (Life), after the necessary authorization, making
Unipol the 4 th largest insurer in Italy.
On the 40 40th anniversary of the issue of the Company fi rst insurance policy, Unipol
published its 10th On the 40
Social Report. In 2002, for the fi rst time, Unipol returned a fi gure of
over € 100 million net profi t. Unipol bought 60 branches from the Capitalia Group.
The Unipol Group signs a co-operation agreement with the Monte
dei Paschi di Siena Group. Unipol Banca acquires 51 bank
outlets fron Banca Intesa.
Unipol acquires 5 companies (Aurora Assicurazioni, Meie
Assicurazioni, Meie Vita, Navale Assicurazioni and BNL
Vita).
Unipol becomes the eighth largest insurer in Italy
Capital increase by ITL273bn + issue of warrants for the
equivalent of ITL91bn, exercised from 1/7/97 to 31/12/99.
Start-up of specialisation strategy by product
and by sales channel. Unipol becomes a Group.
The single-purpose subsidiaries are set up.
Listing on the Stock Exchange
of ordinary shares.
Listing on the Stock Exchange
of preference shares.
Start-up of Life business.
Start-up og Non-Life business.
First policy issued.
Federcoop and a group of Bolognese and
Emilian co-operatives acquired Unipol,
which was not yet trading at the time.
Founding of the company (whose name
comes from the slogan ‘Unique policy’)
by the Buglione family, owners of Lancia.
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