UNIQA prepares capital increase

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Business

UNIQA Versicherungen AG (UNIQA) boss Andreas Brandstetter announced plans for a capital increase. Brandstetter said the move would be carried out later this year instead of only in 2013. He explained that another capital increase would be within the bounds of possibility for next year. He said the revenues from the measure would be used […]

UNIQA strong in 2010

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Business

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 […]

UNIQA eyes expansion after 2010 profits

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Business

Insurance company UNIQA Versicherungen AG (UNIQA) said its 2010 performance could have been better than expected.The firm said today (Fri) that some weeks ago it expected profits of around 120 to 135 million Euros, while analysts predicted profits of 142 million Euros. Now the Vienna-based insurer has explained that it may have achieved a pre-tax […]

UNIQA sees drop in earnings

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Business

Insurance firm UNIQA today (Tues) reported a drop in operating earnings.The company said its operating earnings had fallen 9.5 per cent from 90 million Euros in 2008 to 81.5 million Euros in 2009.It added, however, that its 39.5 million Euros in operating earnings in the fourth quarter of 2009 had been the highest quarterly figure […]