Unipol

"Unipol", styled as "UNIPOL", is also the name of a technology for plastics production developed by Union Carbide (now a subsidiary of Dow).

Unipol Gruppo Finanziario S.p.A.

Type	Società per azioni
Traded as	BIT: UNI
Industry	Financial services
Founded	1963
Headquarters	Bologna, Italy
Key people	Carlo Cimbri (CEO), Pierluigi Stefanini (Chairman)
Products	Insurance, retail and corporate banking
Revenue	€10.68 billion (2010)[1]
Profit	€31.8 million (2010)[1]
Total assets	€51.75 billion (end 2010)[1]
Total equity	€4.021 billion (end 2010)[1]
Employees	7,530 (end 2010)[1]
Website	www.unipolgf.it

Unipol Gruppo Finanziario S.p.A. is an Italian financial services holding operating in the insurance and banking fields, in which ranks as the country's fourth-largest firm.^[2]

The insurances of the holding are UnipolSai Assicurazioni, Linear, Linear Life and UniSalute; the banks are Unipol Banca and Banca Sai.

Based in Bologna, the company was founded in 1962 as a cooperative provider of non-life insurance. After a failed takeover bid for Banca Nazionale del Lavoro in 2005,^[3] Unipol saw its CEO Giovanni Consorte resign in the midst of the bancopoli scandal. Consorte was later convicted for insider trading.^[4] Under Consorte's replacements Pierluigi Stefanini and Carlo Salvatori, the company underwent extensive restructuring in 2007.

Its headquarters is located in the Unipol Tower, Bologna.

References

1. ↑ 1.0 1.1 1.2 1.3 1.4 "Annual Report 2010". Unipol Gruppo Finanziario. Retrieved 18 November 2011. 
2. ↑ Cinelli, Francesa (24 February 2009). "Italian Stocks: Finmeccanica, Intesa, Mediobanca, Seat, Unipol". Bloomberg. Retrieved 2009-09-06. 
3. ↑ City, Our (6 February 2006). "BNP Paribas move on Roman bank could spark consolidation". The Times (London). Retrieved 2009-09-06. 
4. ↑ Clark, Nick (26 October 2006). "Unipol executives jailed for insider trading". Financial News. Retrieved 2009-09-06. 

External links

• Official website

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