In its meeting last week, the UNIQA Versicherungen AG supervisory board’s working committee  decided to submit for approval a motion to issue supplementary capital to the UNIQA Group supervisory board. The UNIQA Versicherungen AG supervisory board has now in principle approved the issue of €200 million supplementary capital by companies of the UNIQA Group.

The supplementary capital will be placed with the aim of further strengthening the Group’s own funds, thus creating the basis for the planned dynamic growth and further expansion of the Group in Central and Eastern Europe.

The supplementary capital issue will be subordinate capital and will have no effect on ownership ratios or voting rights.