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Uniqa Reports Positive Development in Core Business

Published: November 24, 2011; 18:54 · (Vindobona)

One-off effects of the “write-down of Greece” and the new focus of the Austrian insurance company significantly influence results for the third quarter of the year.

Uniqa Reports Positive Development in Core Business / Picture: © Uniqa

With a clear increase in recurring premiums of 4.9% while at the same time sinking the claims and benefits ratio across all insurance lines to 71.1%, the Uniqa Group showed a positive development in its core operational business after the first three quarters of 2011. Strong growth impulses (+10.3%) above all from Eastern and South Eastern Europe - the region contributes 20.7% to Group…

This article includes a total of 659 words.

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