REVO presents consolidated Financial Results as of December 31st 2023

During the last BoD, held in Verona on March 14th 2024, were presented the Financial Results for the 2023 financial year: premiums tripled in just two years, with 2023 premium income of € 216.2 million and adjusted net income of € 14.8 million. With the start-up phase over, the company is preparing to pay the first dividend in its history.

CEO Alberto Minali, commented, "The 2023 results confirm the excellence of our operating model and allow us to look at the next plan years with optimism: we have exceeded the 2023 premium income target and we expect to approach during the year the production targets set for 2025. Our approach to the market, focused on agility, expertise and technology, has made the possibility of an easy, fast and highly personalized insurance offering a reality. This allows us to increasingly consolidate our position as a key player in specialty and parametric risks, alongside SMEs and professionals. In addition, the strength of our capital position and the steady generation of technical profitability allow us to distribute our first dividend."

Read the press release here.

Watch the video: CEO Alberto Minali and CFO Jacopo Tanaglia present Fin Results. The video is available only in original language.