
Unipol Group is a leading Italian insurance company that has been in operation since 1993. It was founded by the Unipol Association, a non-profit organization that aimed to provide insurance services to its members.
Unipol Group's financial performance has been impressive, with a market value of over €10 billion in 2020. The company's strong financials have enabled it to invest in various business activities, including insurance, banking, and real estate.
Unipol Group's insurance business is a significant contributor to its revenue, accounting for over 90% of its total income in 2020. The company's insurance policies cover a wide range of products, including life insurance, property insurance, and liability insurance.
The company's strong financial performance has also enabled it to pay dividends to its shareholders, with a dividend payout ratio of over 50% in 2020.
Leadership and Governance
Unipol's leadership is led by Chairman Carlo Cimbri, who has been in the position since April 29, 2022, at the age of 59.
The company's Board of Directors consists of seven members, including Carlo Cimbri, Ernesto dalle Rive, Carlo Zini, Gianmaria Balducci, Patrizia de Luise, Daniele Ferrè, and Annamaria Trovò.
Carlo Cimbri is the Chairman of Unipol Gruppo S.p.A., a position he has held since April 29, 2022.
The Board of Directors has a diverse age range, with members ranging from 50 to 70 years old.
Here is a list of the Board of Directors members:
The company's Chief Executive Officer is Matteo Laterza, who has been in the position since an unspecified date.
Financials and Valuation
Unipol's capitalization has fluctuated over time, reaching as high as 15.45B and as low as 936B.
The company's enterprise value also varies, with a high of 1,609B and a low of 115B.
A look at the P/E ratio shows that in 2024, Unipol had a ratio of 9.55x, while in 2025, it's expected to be around 8.6x.
Here's a breakdown of Unipol's valuation metrics:
Unipol's free-float is around 51.36%, indicating a significant portion of the company is publicly owned.
Valuation
Valuation is a crucial aspect of understanding a company's financial health. The P/E ratio, or price-to-earnings ratio, is a key metric used to determine a company's value. The P/E ratio for Unipol Gruppo S.p.A. is 9.55x in 2024.
The P/E ratio can fluctuate over time, and it's essential to track changes. In 2025, the expected P/E ratio for Unipol Gruppo S.p.A. is 8.6x.
Enterprise value (EV) is another important metric that represents the total value of a company. The EV for Unipol Gruppo S.p.A. ranges from 936B to 1,609B.
Here's a breakdown of Unipol Gruppo S.p.A.'s valuation metrics:
The free-float percentage indicates the portion of a company's shares that are available for public trading. Unipol Gruppo S.p.A. has a free-float percentage of 51.36% in 2024.
Yield, or dividend yield, is the ratio of a company's annual dividend payments to its stock price. The yield for Unipol Gruppo S.p.A. is 7.07% in 2024 and 6.62% in 2025.
Analysts' Recommendations
Analysts' Recommendations play a significant role in shaping the financial landscape of companies.
Mediobanca has upgraded Unipol Gruppo S.p.A. to Outperform, with a boosted price target. This upgrade suggests a positive outlook for the company's future performance.
Technology and Partnerships
The Univation-Linde Alliance is a game-changer for UNIPOL PE Technology. This collaboration between Univation Technologies and The Linde Group's Engineering Division allows for unique performance and cost efficiencies in the production of polyethylene resins.
By integrating Linde steam crackers with UNIPOL PE Plants, new-build project owners can achieve significantly lower capital costs and operating cost reductions. This integrated approach also provides project execution advantages.
The Univation-Linde Alliance delivers measurable benefits for UNIPOL PE Retrofit Projects as well, offering similar project and operating synergies.
Leading Pe Technology
The UNIPOL PE Technology is the world's leading PE technology, with over 165 licensed reactor lines in 28 countries producing more than 48 million tons annually.
This technology is recognized and well-received globally, with UNIPOL PE Products being offered under the trusted brand names of UNIPOL PE Licensees. The UNIPOL PE Process is the key to its success, keeping manufacturing systems elegantly simple and requiring less equipment and rotating items.
One of the main benefits of the UNIPOL PE Process is its mechanical simplicity, which allows for multiple advantages, including the industry's lowest capital investment. This also results in unmatched economies-of-scale, short project execution schedules, low operating costs, and robust, reliable operation.
UNIPOL PE Plants have a small footprint, with only two primary process areas - Reaction and Purging/ Pelleting. This design also means fewer operators are required to run and maintain the unit.
Unique Integration Savings via Univation-Linde Alliance
The Univation-Linde Alliance is a game-changer for polyethylene resin production. This collaboration between Univation Technologies and The Linde Group's Engineering Division delivers unique performance and cost efficiencies.
By integrating Linde steam crackers with UNIPOL PE Plants, new-build project owners can realize significantly lower capital costs. This is a huge advantage, especially for large-scale projects.
The Univation-Linde Alliance also provides operating cost reductions and project execution advantages for new-build projects. This means that companies can save money on production and implementation.

The Alliance offers similar project and operating synergies for UNIPOL PE Retrofit Projects. This is great news for companies looking to upgrade their existing facilities.
By leveraging the Univation-Linde Alliance, companies can achieve measurable benefits for their projects. Whether it's a new build or a retrofit, this partnership can make a real difference.
Management and Directors
Unipol's leadership team is made up of experienced individuals who have been with the company for several years. Carlo Cimbri serves as the Chairman, a position he has held since 2022.
The Board of Directors consists of seven members, including Ernesto dalle Rive, who has been a Director since 2010. Carlo Zini has been a Director since 2014.
Here is a list of the current Board of Directors:
- Carlo Cimbri - Chairman
- Ernesto dalle Rive - Director/Board Member since 2010
- Carlo Zini - Director/Board Member since 2014
- Gianmaria Balducci - Director/Board Member since 2016
- Patrizia de Luise - Director/Board Member since 2016
- Daniele Ferrè - Director/Board Member since 2016
- Annamaria Trovò - Director/Board Member since 2016
- Massimo Desiderio - Director/Board Member since 2017
- Roberta Datteri - Director/Board Member since 2019
- Roberto Pittalis - Director/Board Member since 2020
Matteo Laterza serves as the Chief Executive Officer, a position that does not have a specific start date listed.
Executive Committee
The Executive Committee plays a crucial role in making key decisions for Unipol Gruppo S.p.A. Matteo Laterza, the CEO, has been leading the company since -.

Matteo Laterza, the CEO, is 59 years old.
Pietro Ranieri serves as the Compliance Officer, but his age and the exact date he joined the company are not specified.
Riccardo Baudi is the Chief Investment Officer, but his age and the date he started are unknown.
Maurizio Castellina, the Chief Administrative Officer, is 67 years old.
Adriano Donati has been the Investor Relations Contact since December 31, 2000.
Managers and Directors
Meet the key players at Unipol Gruppo S.p.A. - the company's managers and directors. Matteo Laterza is the CEO, a role he's held since he joined the company, and he's 59 years old.
Matteo is supported by a team of experienced professionals, including Pietro Ranieri, who is the Compliance Officer, but we don't know his age.
Riccardo Baudi is the Chief Investment Officer, another key position in the company, but his age is not publicly disclosed.
The company's Chairman is Carlo Cimbri, who is also 59 years old and has been in the role since 2022. He's been with the company for a while, but we don't know exactly how long.
Ernesto dalle Rive and Carlo Zini are also part of the board, with Ernesto being 64 years old and having been on the board since 2010, and Carlo being 69 years old and having joined the board in 2014.
Industry and Market

Unipol is a leading Italian insurance company that operates in the non-life insurance segment.
The company was founded in 1993 and is headquartered in Bologna, Italy.
Unipol's main business is property and casualty insurance, with a focus on motor insurance.
The company has a strong presence in the Italian market, with a network of over 2,000 branches.
Unipol's motor insurance business is one of the largest in Italy, with a market share of around 20%.
The company's motor insurance products include comprehensive, third-party liability, and motor third-party insurance.
Unipol also offers a range of other insurance products, including home, travel, and health insurance.
The company's insurance products are designed to meet the needs of individual and corporate clients.
Unipol's motor insurance business is supported by a network of repair shops and garages across Italy.
Mergers & Acquisitions
Unipol has been involved in some notable mergers and acquisitions. The company acquired UnipolSai Assicurazioni SpA, a deal that was completed on February 16, 2024. This acquisition was a significant one, with UnipolSai Assicurazioni SpA's share price increasing by 127.18% since the deal was announced.
The transaction value of this acquisition was 390.89 million euros.
Frequently Asked Questions
What does Unipol do?
Unipol is a leading Italian insurance group that specializes in non-life insurance, serving as one of the top ten largest insurance companies in Europe.
What is the process of Unipol?
The UNIPOL process is a commercial method for producing polyethylene, including homopolymers and copolymers with various alpha olefins. It offers flexibility in producing polyethylene products across a wide range of densities.
Sources
- https://www.univation.com/en-us/unipol/process.html
- https://www.marketscreener.com/quote/stock/UNIPOL-GRUPPO-S-P-A-10344390/company/
- https://www.skyscrapercentre.com/company/6717
- https://www.ddor.rs/en/about-us/unipol-group/
- https://www.marketscreener.com/quote/stock/UNIPOL-GRUPPO-S-P-A-10344390/
- https://markets.ft.com/data/equities/tearsheet/profile
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