UNIQA strong in 2010

Insurance company UNIQA Versicherungen AG’s (UNIQA) international operations are prospering, figures presented today (Fri) show.The Vienna-based company’s international operations department achieved premiums of 2.4 billion Euros last year, around 20.8 per cent more than in 2009. UNIQA Austria earned 3.8 billion Euros at the same time, up by 1.8 per cent compared to 2009.UNIQA does business in 21 European countries. Vice chairman Andreas Brandstetter will succeed Konstantin Klien as head of the company this July.UNIQA was created following the merger of two now defunct Austrian insurers in 1999. It entered the Vienna Stock Exchange (WBAG) in the same year. One share was valued at 15.36 Euros at 2pm today.Meanwhile, the firm’s key competitor Vienna Insurance Group (VIG) announced Peter Hagen will follow Günter Geyer as CEO in June 2012. Geyer was hired by VIG in 1974. He became the insurance company’s head in 2001.