MILAN, Feb 12 (Reuters) - Italian insurer UnipolSai said on Friday group net profit in 2015 fell 5.8 percent to 738 million euros ($834 million) burdened by an 84 million euro charge regarding deferred taxes.
The insurer, born from the merger of Unipol and rival Fondiaria-SAI, said its solvency I margin, a measure of financial strength, stood at 177 percent from 165 percent a year earlier.
The combined ratio, a measure of profitability, stood at 93.9 percent, it said.
The insurer said it planned to pay a dividend on the year of 0.15 euros per share.
Synergies generated by the company’s 2013-2015 business plan totaled 390 million euros, it said. ($1 = 0.8844 euros) (Reporting by Stephen Jewkes)