{
  "id": 7273737,
  "title": "Mediolanum dispara un 66% su negocio de seguros en España",
  "url": "https://urgent.news/2026/09/13/mediolanum-dispara-un-66-su-negocio-de-seguros-en-espana",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-13T22:58:49.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/empresas/seguros/2026/09/14/6aa6d696e5fdea20228b4572.html"
  },
  "original_language": "es",
  "account": "Mediolanum has seen a 66% surge in its insurance business in Spain, with a focus on unit linked life insurance products. The company has managed to generate 2.433 million euros in savings for life, with a notable increase of 37% in managed savings for life insurance during the first half of the year compared to the same period last year. This growth has multiplied the growth rate of 7% achieved in this period by the overall life insurance savings, which manage 230.131 million euros, according to data from the industry association Icea. Premiums captured have also increased significantly, reaching 66%, or 345 million euros, five times higher than the sector's growth of 13.2% between January and June last year. Mediolanum's focus is on unit linked, savings life insurance products that invest the premium in investment funds. The bank managed 540 million euros in this segment, a 52% increase, and is distributed between two long-term strategies: Mediolanum Premium Plan 2.0 and Mediolanum Premium Plan Evolution. The first invests in funds from Spanish and international management companies such as Mediolanum Gestión, JP Morgan, BlackRock, DWS, Franklin Templeton, Pimco, and Morgan Stanley. The second invests in baskets of funds managed by Mediolanum International Funds, a subsidiary of the Italian group. Mediolanum subscribes to these products with Mediolanum International Life, the insurer of the Italian group based in Ireland, which operates in Spain through a branch. Unlike in other countries, in Spain, unit linked insurance have the advantage of not being taxed when switching funds, allowing for more mobility. Additionally, they offer insurance coverage in case of death, according to Alessio Zambon, Mediolanum's marketing manager. Unit linked insurance, unlike traditional savings insurance, do not guarantee returns but depend on the evolution of the assets in which they invest, and the risk falls on the insured. In the first half of 2026, these insurance products linked to funds have seen the greatest growth in the overall life insurance industry, up 20% to reach 33,000 million euros. Mediolanum's Italian group strategy aims to double its client resources in five years. However, Luca Bosisio, the bank's CEO, has not provided specific growth targets for the insurance business, stating that the product's evolution will depend on what is most appealing to customers. In pension plans, where the Italian firm manages its own entity in Spain, it manages 904.7 million euros as of the end of June, a 6.13% increase compared to the same period last year. The focus of the offer is on the life cycle option that adapts its investment to the participant's age. Mediolanum has an agreement with Generali's nearly 1,700 general insurance brokers to distribute life, accident, health, and home insurance.",
  "summary": "Gestiona 2.433 millones de euros en ahorro vida, con el foco puesto en los 'unit linked' Leer",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}