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Stock market, UnipolSai collapses after the start of the boom

The share of the new maxi-insurance pole, which made its debut on the Stock Exchange yesterday, marks a sharp decline of 3,5% to 2,364 euros, after the opening rally this morning.

Stock market, UnipolSai collapses after the start of the boom

After a positive opening with over 2% in Piazza Affari, UnipolSai abruptly lost 3,5% to €2,364. The share of the new company – born from the four-way merger between Unipol Assicurazioni, Fonsai, Premafin and Milano Assicurazioni – made its debut on the Stock Exchange yesterday.

In an interview with Sole24Ore, the managing director Carlo Cimbri said that 2013 promises to be "absolutely in line, if not beyond the original forecasts of the plan" and that UnipolSai is ready to sell the premium portfolio to the Belgian Ageas but only if the assets of the insurance group will be protected.

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