Austria

Premiums:
Total +4.1%,
Damage and accident insurance +6.5%,
Life assurance +2.8%,
Health insurance +3.8%,
Costs: -4.4%

In Austria, the operating insurance companies (UNIQA Personenversicherung, UNIQA Sachversicherung, Raiffeisen Versicherung, Salzburger Landes-Versicherung and Call Direct together with the 50%-subsidiary MLP achieved a billed premium growth in direct business amounting to 4.1% or EUR 2,467.53 million.

This premium growth was characterised by positive developments in all lines.

-         Life assurance (incl. MLP) +2.8% to EUR 1,174.01 million

-         Damage and accident insurance+6.5% to EUR 695.33 million

-     Health insurance +3.8% to EUR 598.19 million.

By the determined applications of the savings programme, the UNIQA Group in Austria succeeded in decoupling the development of costs from the development of premiums.  Whilst earned premiums (excluding single-premium policies) in 2001 grew by 5.8%, over the same period costs declined by 4.2%.

Abroad

Premiums
Total +53.2%,
Damage and accident insurance +74.4%,
Life assurance +77.3%,
Health insurance +12.7%,
Group share: 9.9%

The UNIQA Group companies in Poland, the Czech Republic, Slovakia, Croatia, Italy and Switzerland in 2001 achieved a billed premium volume in direct business of EUR 261.12 million (+53.2%).

The major portion of this, EUR 177.01 million (+74.4%), was accounted for by damage and accident insurance, followed by health insurance, with 66.67 million (+12.7%) and life assurance with EUR 17.43 million (+77.3%).

The share of the Group’s premium volume accounted for by foreign business grew in the past year from 6.9% to 9.9%.