Uniqa Records Premium Growth in All Regions and Segments

Professional Services › Insurance ♦ Published: May 25, 2011; 18:05 ♦ (Vindobona)

The Austrian insurance group increased its IFRS premiums written by 3.0% to € 1.8bn in the first quarter of 2011. The group profit grew by 17.2% to € 27m.

Uniqa Records Premium Growth in All Regions and Segments / Picture: © Uniqa

Premium growth in the first quarter came from all regions (Austria, Eastern and South-Eastern Europe, Western Europe) and all segments (life, property and casualty, health insurance). While there was a decrease in single premiums of 6.2% to € 227m, recurring premiums experienced significant growth of 4.5% to € 1,573m.

In the domestic market in Austria, despite a decrease in…

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