The share of premiums of the fully consolidated domestic insurance companies in the group was 91.7%, The net premiums earned rose by 4.9% to EUR  2,435.4 million.

MLP Lebensversicherung, which specialises in fund-linked life assurance and mainly uses the UNIQA Group marketing organisation, achieved  in the previous business year premium earnings - not fully consolidated – of EUR  103.5 million.

Claims grew by only 3.1%
Premium income in the business year just concluded was offset by retained insurance benefits of EUR 2,529.3 million 3.1% or EUR 75.5 million more than in 2000.

Despite foreign investment, foreign costs rose only slightly 
The UNIQA Group’s costs in Austria dropped in the period of reporting, not taking commission into consideration, by 3.9% to EUR 381.4 million (2000: EUR 396.6 million). Abroad, costs not taking commission into account rose over the same period to EUR 32.4 million (2000: EUR 19.7 million), This may be attributed top the one-time incorporation of POLONIA S,A, and one-time costs of established  the brand UNIQA. Total costs (expenses of insurance business and retained benefits of the remained almost the same as in the previous year with 20.7% in 2001 compared with 20.3% in 2000.

Capital investment and current income from property rises appreciably Total capital investments in 2001 rose in 2001 7.4% or EUR 773.0 million to EUR 11,188.0 million. Current capital yields (net) rose 11.4% to EUR 665.6 million. The continued weak development of the stock market continued in the first half of 2001 and was aggravated by the terrorist attacks in September of the year of reporting. It leads to a significant decline in the value also of the UNIQA Group. The fall in share prices was compensated for by selling at a profit fixed interest securities and lendings.

Result of ordinary business activity improves
In the business year just ended, the UNIQA Group achieved a result for ordinary business activity of EUR 45.3 million. Compared with the previous year’s result this is represents a growth of 3.4 million or 8.2%. The positive effect of the reduction of extraordinary expenditure was offset by a huge increase of tax expenditure. The profit per share rose to EUR 0.27 (previous year EUR 0.25),

UNIQA ordinary shares
The first quarter of 2002 showed a very positive development of UNIQA ordinary shares. The price rose by more than 23% to EUR 7.69. The UNIQA shares were among the best performers on the Vienna Stock Exchange. This trend was maintained at the beginning of the second quarter. The listed holding, UNIQA  Versicherungen AG, has been part of the Prime Market of the Vienna Stock  Exchange since the beginning of 2002 and on 21st January was added to  the ATX. At the end of the first quarter the UNIQA ordinary share was also included as "Large Cap" in the FTSE World Index, further welcome international recognition of the UNIQA share. The General Meeting will take place on 17th June 2002 and provisionally the distribution of a dividend of EUR 0.16 per share has been proposed.