| ITALY'S LA FONDIARIA TO REPORT HIGHER 1986 PROFITS | |
| Italian insurer La Fondiaria Spa <LFDI.MI> | |
| said it expects to report consolidated group profit in 1986 | |
| significantly higher than the 60 billion lire reported in 1985. | |
| The company said in a statement that parent company net | |
| profit last year will rise from the 72 billion lire reported in | |
| 1985. Consolidated group premiums totaled 1,700 billion lire in | |
| 1986 compared with 1,490 billion the previous year. | |
| Iniziativa Meta <INZI.MI>, the financial services unit of | |
| Montedison Spa <MONI.MI>, controls the largest single stake in | |
| Florence-based Fondiaria with 49.9 pct. | |