EANS-Adhoc: UNIQA Insurance Group AG Preliminary results for 2013:
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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Financial Figures/Balance Sheet
28.02.2014
Preliminary results for 2013:
UNIQA records significant growth in premiums and earnings
* Premiums written increase by 6.2 per cent to 5,885.5 million euros
* Profit on ordinary activities (EBT) rises by 49.7 per cent to 305.6
million euros
* Consolidated net profit up 123.0 per cent to 283.4 million euros
* Net combined ratio improves from 101.3 per cent to 99.9 per cent
* Return on equity (ROE) increases from 8.7 per cent to 11.8 per cent
* Dividend proposal raised to 35 cents per share (2012: 25 cents)
In the 2013 financial year, the UNIQA Insurance Group (UNIQA) increased its
preliminary profit on ordinary activities (EBT) by 49.7 per cent to 305.6
million euros (2012: 204.2 million euros). Consolidated net profit (after taxes
and minority interests) increased by 123.0 per cent to 283.4 million euros
(2012: 127.1 million euros). Based on these figures, the Management Board will
propose to the Supervisory Board and the Annual General Meeting the distribution
of a dividend of 35 cents per share for the 2013 financial year (2012: 25
cents).
For 2014, the UNIQA Group has set itself the target of significantly increasing
its profit on ordinary activities once again. This will require a stable capital
market environment, a further improvement in the economic environment and that
losses caused by natural disasters remain within a normal range.
Key data for the 2013 financial year
Figures in millions of euros unless otherwise stated
2013 / 2012 / Change in %
Premiums
written
including the
savings portion
from unit- and
index-linked
life insurance 5,885.5 / 5,543.1 / +6.2
of which
property and
casualty
insurance 2,590.5 / 2,545.9 / +1.8
of which
health
insurance 937.6 / 909.1 / +3.1
of which life
insurance 2,357.4 / 2,088.1 / +12.9
of which
recurring
premiums 1,674.6 / 1,554.6 / +7.7
of which
single
premiums 682.8 / 533.5 / +28.0
Premiums earned
including the
savings portion
from unit- and
index-linked
life insurance 5,638.2 / 5,273.8 / +6.9
Retained
insurance
benefits -3,955.3 / -3,758.5 / +5.2
Operating
expenses1) -1,357.6 / -1,319.3 / +2.9
Cost ratio
(after
reinsurance) 24.1% / 25.0% / -
Combined ratio
(after
reinsurance) 99.9% / 101.3% / -
Net investment
income 780.0 / 791.4 / -1.4
Operating
profit 337.9 / 235.1 / +43.7
Profit on
ordinary
activities 305.6 / 204.2 / +49.7
Result of
discontinued
operations 50.0 / 9.9 / +406.4
Net profit for
the period 286.8 / 166.5 / +72.3
Consolidated
net profit 283.4 / 127.1 / +123.0
Return on
equity (ROE)
after taxes and
non-controlling
interests 11.8% / 8.7% / -
Investments2) 27,383.6 / 26,326.0 / +4.0
Total equity
including non-
controlling
interests 2,789.9 / 2,030.0 / +37.4
1) Less reinsurance commissions and profit shares from reinsurance business
ceded.
2) Incl. owner-occupied land and buildings, land and buildings held as financial
investments, shares in associated companies, unit- and index-linked life
insurance investments and liquid funds.
Note: All of the figures for the 2013 financial year are based on unaudited
preliminary data.
Forward-looking statements
This ad hoc disclosure contains statements referring to the future development
of the UNIQA Group. These statements present estimates which were reached on the
basis of all of the information available to us at the present time. If the
assumptions on which they are based do not occur, the actual results may deviate
from the results currently expected. As a result, no guarantee can be provided
for the information given.
Further inquiry note:
UNIQA Insurance Group AG
Norbert Heller
Tel.: +43 (01) 211 75-3414
mailto:norbert.heller@uniqa.at
end of announcement euro adhoc
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issuer: UNIQA Insurance Group AG
Untere Donaustraße 21
A-1029 Wien
phone: 01/211 75-0
mail: investor.relations@uniqa.at
WWW: http://www.uniqagroup.com
sector: Insurance
ISIN: AT0000821103
indexes: WBI, ATX Prime
stockmarkets: official market: Wien
language: English
issuer: UNIQA Insurance Group AG Untere Donaustraße 21 A-1029 Wien phone: 01/211 75-0 mail: investor.relations@uniqa.at WWW: http://www.uniqagroup.com sector: Insurance ISIN: AT0000821103 indexes: WBI, ATX Prime stockmarkets: official market: Wien language: English ...
issuer: UNIQA Insurance Group AG Untere Donaustraße 21 A-1029 Wien phone: 01/211 75-0 mail: investor.relations@uniqa.at WWW: http://www.uniqagroup.com sector: Insurance ISIN: AT0000821103 indexes: WBI, ATX Prime stockmarkets: official market: Wien language: English ...
issuer: UNIQA Insurance Group AG Untere Donaustraße 21 A-1029 Wien phone: 01/211 75-0 mail: investor.relations@uniqa.at WWW: http://www.uniqagroup.com sector: Insurance ISIN: AT0000821103 indexes: WBI, ATX Prime stockmarkets: official market: Wien language: English ...