UNIQA Insurance Group AG

9M21 Results

Strong technical result across all business lines in first nine months 2021

18 November 2021

Andreas Brandstetter, CEO

Kurt Svoboda, CFO/CRO

1

    1. Group Results
  • Highlights
  • Group Results
  • Outlook
    1. Appendix
  • Business Performance Operating Segments
  • Asset Management
  • Shareholder Information

2

Group Results

Highlights

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| UNIQA 9M21 Results Presentation| November 18, 2021

Executive Summary 9M21

  • Gross written premiums(a) (b) increased by 18.0% compared to 9M20
  • Net combined ratio improved to 94.2% (95.9% in 9M20)
  • Net cost ratio decreased to 26.4% (27.0% in 9M20)
  • Net investment result increased to EUR 418m (EUR 398m in 9M20)
  • Earnings before taxes of EUR 299m in 9M21 (EUR 214m in 9M20)
  • Consolidated profit at EUR 236m (EUR 166m in 9M20)

(a)

Including savings portion of premiums from unit- and index-linked life insurance

4

(b)

Including former AXA CEE

Snapshot 9M21

EURm

9M20

9M21

%

Gross premiums written(a)

Premiums earned (retained)

Net investment income

Insurance benefits

-2.705

-3.085

14.0%

Operating expenses (net)

thereof admin costs

-381

-438

14.9%

Insurance technical result

125

189

51.4%

Earnings before taxes

Consolidated profit

166

236

41.7%

Cost ratio group (net)

27.0%

26.4%

-0,6pp

Combined ratio P&C (net)

Investment yield(b)

2.4%

2.4%

0pp

  1. Including savings portion of premiums from unit- and index-linked life insurance
  2. Definition investment yield: annualized investment result divided by average total investments excluding self-used land and buildings

| UNIQA 9M21 Results Presentation| November 18, 2021

Successful integration of former AXA CEE companies and organic growth of ~2% in

AT

Lower impairments and realized gains on sale of equities and fixed income in 1Q21

Cost ratio decreased mainly on lower admin costs in AT

Much improved EBT reflecting lower cost ratio and increased investment result

Decreased cost & loss ratio despite series of weather events year to date

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UNIQA Insurance Group AG published this content on 18 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2021 06:41:04 UTC.