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Financial Presentation - 2015 Forecast

Vittoria Assicurazioni will meet investors tomorrow in Milan, within the
"Italian Stock Market Opportunities Conference" organised by Banca IMI.
The presentation contains the following 2015 Forecast items, set out on the
2015 half year results and on the projection for the second half:

Forecast
Previous
Actual

2015 Targets 2014


Direct Premium Written-Non-Life (€ ML) 1,081 1,079 1,033

Direct Premium Written-Life (€ ML) 205 258 251

Retained Non-Life Combined Ratio1 90.6% 91.0% 90.7%

Retained Non-Life Loss Ratio2 65.7% 66.2% 65.5%

Group Consolidated Net Profit (€ ML) 76.7 76.2 72.3
The year-end forecast for Life Premium reflects the strategy aimed at limiting the growth of the segregated funds policies, given the persistence of the low level in interest rates and at focusing on the development of products with a wider economical and technical content.
The presentation will be made available tomorrow on the Company's website (www.vittoriaassicurazioni.com) section "Investor Relations - Presentations" and on the permitted mechanism for the central storage NIS- Storage (www.emarketstorage.com).
Milan, 15 September 2015

1 (incurred claims +operating expenses+intangible asset amortisation + other technical items) / earned premium - Retained Business

2 Incurred claims / earned premium - Retained business



Contact: Andrea Acutis - Deputy Chairman
Tel: (+ 39) 02 48 219 006
e-mail: IR@vittoriaassicurazioni.it www.vittoriaassicurazioni.com

Vittoria Assicurazioni

Vittoria Assicurazioni is an independent insurance company, founded in Milan in 1921. The company is active in all life and non-life lines, covering the whole of Italy via an extensive commercial network featuring over 400 agencies. Vittoria's mission is to be the elective insurer of families and small and medium enterprises.

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