3/12/2025
Consolidated Financial Results as at 31 December 2024
The Board of Directors approved the consolidated results for the financial year 2024, figures that confirm the success of our project.
Solid growth in economic and financial results, in full compliance with capital strength targets and ahead of plan forecasts:
- € 308.8 million premium income (+42.8% compared to 2024)
- € 35.1 million IFRS 17 adjusted operating result
- € 22.6 million adjusted net profit
- Solvency II ratio of 236.7%
In 2024, all the strategic objectives declared to the market have been achieved: AI is already integrated into specific tasks in the Underwriting, Claims Management and Planning & Control functions; IT investments have continued, with further evolutions of OverX through the integration of new post-sales functionalities and the enhancement of OverX Claims; we have further expanded our offering, both in specialty and parametric areas; we completed the recruitment of the first management line of REVO Iberia and are consolidating relationships with local brokers.
Finally, we welcomed 56 new colleagues in the Underwriting and Operations functions.
Read the press release here.