„CESEE Will Come Back“

People ♦ Published: August 6, 2013; 07:40 ♦ (Vindobona)

Andreas Brandstetter, CEO of the Austrian insurance group Uniqa, thinks that Central and Eastern Europe will recover.

„CESEE Will Come Back“ / Picture: © Uniqa Group

In an interview with “Wirtschaftsblatt”, Brandstetter underlined that Uniqa´s strategy is still the expansion in the CESEE region. “We do not burn money there.”

At the moment, about 78% of Uniqa´s premium intake comes from Western Europe. “In 2020, we want a relation of 50:50.” Brandstetter says. „In Hungary, there are positive signs. By contrast, the development…