27.08.2013 |
- Premiums written increased by 7.4 per cent to 3,068.1 million euros
- Combined ratio improves from 100.7 per cent to 99.4 per cent despite flood damage
- Profit on ordinary activities growth of 84.5 per cent to 196.6 million euros
- Consolidated net profit up 162.7 per cent to 150.6 million euros
In the first half of 2013, the UNIQA Group (UNIQA) increased the profit on ordinary activities (EBT) by 84.5 per cent to 196.6 million euros (first half of 2012: 106.5 million euros) despite net costs of around 30 million euros as a result of flood damage. Consolidated net profit (after taxes and minority interests) increased by 162.7 per cent to 150.6 million euros (first half of 2012: 57.3 million euros).
Premiums written including the savings portion of unit- and index-linked life insurance increased by 7.4 per cent to 3,068.1 million euros (first half of 2012: 2,856.4 million euros). The Group cost ratio after reinsurance fell to 23.0 per cent (first half of 2012: 23.9 per cent). Despite the impact of the flood damage, the combined ratio in property and casualty insurance after reinsurance improved to 99.4 per cent (first half of 2012: 100.7 per cent). Adjusted for flood damage, the combined ratio amounted to around 97.0 per cent. The adjusted1) return on equity (ROE) after taxes and minority interests amounted to 13.1 per cent (first half of 2012: 12.0 per cent).
Issuer:
UNIQA Group:
Untere Donaustrasse. 21
1029 Vienna, Austria
Telephone: +43 (01) 211 75-0
Branch: Insurance
ISIN: AT0000821103
Indices: ATX Prime, ATX FIN, WBI, VÖNIX
Stock exchange: Vienna
Vienna, 27. August 2013