Uniqa: Out of the Red

Professional ServicesInsurance ♦ Published: February 22, 2013; 11:21 ♦ (Vindobona)

The Austrian insurance group generates EBT of €205.4 million, up 44.9 per cent compared to 2010. Consolidated profit totals €130.2 million.

Uniqa: Out of the Red / Picture: © Uniqa

Based on preliminary data, the UNIQA Group (UNIQA) achieved earnings before taxes (EBT) of €205.4 million in 2012, marking a return to profitability after a loss due to significant non-recurring effects in the previous year (2011: minus €322.3 million). For 2012, UNIQA had set a target of generating EBT in excess of the earnings figure for 2010 (€141.8 million). The company met…