In Q3-26 Insurance Services external revenues were up 13.0% y/y to €504m (€1.5bn in 9M-26, +10.0% y/y).
Life Investments & Pension revenues stood at €434m in Q3-26, up 10.2% y/y (€1.3bn in 9M-26, +8.9% y/y), reflecting a stable CSM and higher release.
In 9M-26 positive Life Investments & Pension net inflows of €2.6bn were recorded (€1.1bn7 in Q3-26), supported by strong gross written premiums, with a lapse rate of 6.3% (5.3% in Q3-26), driven by multi-class products.
Protection revenues were at €70m in Q3-26, up 33.7% y/y (€176m in 9M-26, +19.4% y/y).
At the end of September 2026, Poste Vita Group’s Solvency II Ratio stood at 269%, demonstrating resilience to the sharp spread widening and higher interest rates in the quarter.
The ratio already embeds the accrual of the 100% net profit remittance to the parent company, fully compensated by internal capital generation.
Total Protection Gross Written Premiums were at €265m in Q3-26, up 2.1% y/y (€976m in 9M-26, +0.8% y/y) confirming a more selective approach to collective corporate policies protecting profitability. The combined ratio reached 80% over 9 months while guidance for the year remains less than or equal to 83%.
Adjusted EBIT increased to €429m in Q3-26, up 12.0% y/y (€1.3bn in 9M-26, +7.2% y/y) reflecting positive top-line trends.
