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Uniqa: Solid Results despite Devaluation of Greek Bonds

Published: August 29, 2011; 12:08 · (Vindobona)

Net profit of the Austrian insurance company increased by 6.8% to € 53m. Recurring premiums grew 5.3% in the first six months of the year.

Uniqa: Solid Results despite Devaluation of Greek Bonds / Picture: © Uniqa

With a clear increase in recurring premiums of 5.3% while at the same time reducing the claims and benefits ratio by 6.2 percentage points, the Uniqa Group was on a growth course in the first half of 2011 and achieved a clear improvement in its core operational business. Despite considerable value adjustments of the Greek debt instruments – with a view to the intended participation of…

This article includes a total of 493 words.

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