Group Solvency

Group Solvency

Group solvency

The Group Solvency I ratio was 156% at December 31, 2014 (141% at December 31, 2013) increasing by 15 pps despite the acquisition, of the remaining 24% of Generali PPF Holding, which has a negative effect on the index by 7 percentage points.

The required margin rose to € 18.6 billion, benefitting from business development, while the available margin (also considering the possibility of dividend) amounted to € 29.0 billion. The surplus is therefore equal to € 10.4 billion.

The index on a pro forma basis - also taking account of the sale of BSI - was 164%, exceeding the target set for 2015.