Intesa Sanpaolo Assicurazioni: consolidated results as at 31 March 2026 approved

• Life gross written premiums up to 4.7 billion euro

• Assets under management stand at 178.1 billion euro

• Continued growth in non-motor policies

• Net profit rises to 275.8 million euro

• Solvency capital requirement at 241%

Milan, 8 May 2026 - The Board of Directors’ meeting of Intesa Sanpaolo Assicurazioni, held on 8 May 2026 under the chairmanship of Riccardo Ranalli and under the direction of the Managing Director, Virginia Borla – also responsible for the Insurance Division of Intesa Sanpaolo – approved the results as at 31 March 2026. They relate to the Intesa Sanpaolo Assicurazioni Group, which refers only to companies in which the Group has a controlling interest1 (excluding therefore Fideuram Vita) and, for the Unified Management2, the Intesa Sanpaolo Assicurazioni Group including Fideuram Vita.

The consolidated results as at 31 March 2026 of the Intesa Sanpaolo Assicurazioni Group, including the companies subject to Unified Management, reported good income performance, confirming the validity of the Insurance Group's management strategy.

Life gross written premiums stood at 4,651.0 million euro, up from 4,215.8 million euro as at 31 March 2025, showing an increase of +10.3%, attributable to the increase in inflows from Unit Linked policies +12.9%, Traditional policies +5.7% and Pensions policies +29.2% (the Intesa Sanpaolo Assicurazioni Group, referring only to companies in which the Group has a controlling interest, reported gross life written premiums of 3,479.7 million euro as at 31 March 2026, compared to 3,163.5 million euro as at 31 March 2025, with an increase of +10.0%, attributable to the rise in inflows for Unit Linked policies +25.6% and Pensions policies +29.0%, partially offset by the decrease in Traditional policies -1.7%).

Life new business stood at 4,559.8 million euro, up from 4,132.8 million euro as at 31 March 2025, registering an increase of +10.3% (the Intesa Sanpaolo Assicurazioni Group, referring only to companies in which the Group has a controlling interest, reported life new business of 3,400.6 million euro as at 31 March 2026, up from 3,088.8 million euro as at 31 March 2025, registering an increase of +10.1%).

P&C business premiums amounted to 522.2 million euro, up 9.8% compared to 31 March 2025. Premiums in the non-motor segment (excluding credit-related products) grew by 11.6%, mainly driven by the Business Health and Accident, and Home and Family, and SME product lines. Credit-related products fell (-14.7%), as did the motor segment (-2.7%).

Group consolidated net profit amounted to 275.8 million euro, up 5.4%, compared with  261.8 million euro as at 31 March 2025 (the Intesa Sanpaolo Assicurazioni Group, referring only to companies in which the Group has a controlling interest, recorded a consolidated net result of 241.6 million euro as at 31 March 2026, up 4.1%, compared to 232.0 million euro recorded as at 31 March 2025).

Assets under management3 amounted to 178,126.1 million euro compared to 182,283.9 million euro in 31 December 2025 (the Intesa Sanpaolo Assicurazioni Group, referring only to companies in which the Group has a controlling interest, reported AUM of 132,045.7 million euro on 31 March 2026, compared to 135,289.9 million euro on 31 December 2025).

Shareholders’ equity stood at 7,186.5 million euro, an increase of 185.0 million euro compared with 7,001.5 million euro at the end of 2025 (the Intesa Sanpaolo Assicurazioni Group, referring solely to companies subject to controlling interest as at 31 March 2026, reported shareholders' equity of 6,190.5 million euro, an increase of 162.9 million euro compared with 6,027.6 million euro as at 31 December 2025).

The regulatory Solvency Ratio at 31 March 2026 was 241% and for Intesa Sanpaolo Assicurazioni individually it was 256% (for the Intesa Sanpaolo Assicurazioni Group, referring only to companies in which the Group has a controlling interest, the solvency ratio was 248%).

For information:

Intesa Sanpaolo Group

Wealth Management Media Office

stampa@intesasanpaolo.com

+39 02 87963119