Strong Performance in P&C Business
P&C business showed positive momentum with top-line growth over 7% and margin expansion, with the undiscounted combined ratio improving by over 2 percentage points compared to last year.
Growth in Life Business
Life net inflow exceeded EUR 10 billion at 9 months, with significant contributions from Protection & Health (EUR 3.7 billion) and hybrid and unit-linked (EUR 4.7 billion).
Improvement in New Business Margin
New business margin guidance was between 5.25% and 5.75%, achieving 5.74% in the current quarter, demonstrating strong performance in both volume and margin.
Stable Solvency Ratio
The group solvency ratio remains solid at 214%, with healthy normalized capital generation and including the EUR 500 million share buyback program.
Advancements in Technology
Developments in Nat Cat modeling, claims automation, and geospatial platform have been highlighted, showcasing technological advancements and improvements in efficiency.