Uniqa Records Sharp Rise in Premiums and Profit

Professional ServicesInsurance ♦ Published: November 26, 2010; 15:10 ♦ (Vindobona)

Premiums went up by 10.2% to €4,655 m. Life insurance drives growth, with premiums up by 18.7% Profit increases by 142.7% to €103 m.

Uniqa Records Sharp Rise in Premiums and Profit / Picture: © Uniqa

Double-digit premium growth in combination with a strong technical result and massively increased investment income have accelerated the Uniqa Group’s profit for the first three quarters to € 103m. Uniqa has therefore succeeded in increasing the result compared to the same period for 2009 by 142.7% - despite higher pay-outs to customers due to natural disasters and sustained…