Since the major part of the volume comes from the marketing side of the UNIQA Group, UNIQA and NOK decided that  UNIQA should take over the remaining 50% of MLP-Lebensversicherung AG Wien from MLP Lebensversicherung AG Heidelberg. After this transaction UNIQA will thus hold 100% of the shares of MLP-Lebensversicherung AG Wien. This measure means that UNIQA has strengthened its position as the largest Austrian insurer, has again shown its competence in the area of wealth-creating insurance products, and clearly positioned itself in its core business field. UNIQA and MLP will also maintain a close Company-operation in future.

For UNIQA and Raiffeisen Versicherung it is important that the field of wealth-creating insurance products is fully covered by the Group and that insurance techniques and marketing are further harmonized. The aim will be to incorporate MLP-Lebensversicherung AG Wien more strongly into the Group and to bring the name of the company more in line with the Group in the medium term.

MLP-Lebensversicherung AG Wien in 2001 achieved new business amounting to a value insured of EUR 452 million. total policies amounted to EUR 1.3 billion. Premium income in 2001 amounted to EUR 104 million.

Shares in MLP-Lebensversicherung AG Wien were bought at a purchase price of EUR 85 million. Part of the purchase price was in the form of UNIQA own shares. The deal still requires the assent of the Supervisory Board of UNIQA and acceptance by the Cartel Court.