Uniqa Sees Significant Growth in Eastern European Operations During First Half of the Year

uniqa Reports Strong Growth in First Half of 2025, led by Poland and Eastern Europe

Vienna, Austria – August 22, 2025 – Uniqa Insurance Group announced a considerable increase in both premiums and profits for the first half of 2025. The Central and Eastern European (CEE) region continues to be a primary engine for the company’s expansion, according to Uniqa Chief Executive Officer Andreas Brandstetter.

Brandstetter noted that damage claims related to natural disasters have remained relatively low thus far this year. Though, he cautioned that this could change, particularly during the European summer months, when the region is more susceptible to severe weather events. While the CEO doesn’t foresee immediate demand for mandatory natural disaster insurance, he emphasized the importance of public-private partnerships to enhance disaster preparedness and protect populations.

Poland Drives Premium Growth

The insurer’s premiums grew by 9.7 percent reaching 4.4 billion euros in the first half of the year.Poland experienced an notable 17 percent increase in premiums compared to the same period last year. With a customer base exceeding five million, Poland represents Uniqa’s largest and most profitable market.Austria also contributed to the growth, with a 4.8 percent premium increase, largely driven by strong demand for private health insurance. International business overall saw a 10.8 percent rise in premiums.

Buoyed by these positive results, Uniqa has raised its full-year outlook, now forecasting a pre-tax profit between 490 and 510 million euros. This optimistic projection is particularly underpinned by anticipated continued strong performance in Eastern Europe and a robust performance in the damage and accident insurance sector.

Strategic Portfolio Adjustments

The group’s overall result rose by 5.3 percent to 232.5 million euros. Pre-tax profit increased by 6.5 percent to 295.5 million euros during the first six months of the year. Uniqa’s net combined ratio, which measures the relationship between earned premiums and paid claims, stood at 90.5 percent.

The company confirmed that Strabag, the construction group, will remain a core asset. This decision follows a significant increase in the value of Strabag shares. Uniqa has completed its exit from albania, North Macedonia, and Kosovo, having received regulatory approval in all three countries.

Region/Country	Premium Growth (H1 2025)
Poland	17%
Austria	4.8%
International	10.8%
Group Total	9.7%

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The Evolving Insurance Landscape

The insurance industry is undergoing significant transformation, driven by factors such as climate change, technological advancements, and evolving customer expectations. Insurers are increasingly focusing on preventative risk management, utilizing data analytics and IoT devices to mitigate potential losses. In addition, personalized insurance products and digital distribution channels are becoming more prevalent. According to a recent report by Swiss Re, global insured losses from natural catastrophes totaled $115 billion in 2023, underscoring the growing importance of resilience and adaptation in the insurance sector. (Swiss Re)

Frequently Asked Questions about Uniqa’s Performance

What is Uniqa’s primary growth driver in the CEE region?

Poland is currently Uniqa’s biggest growth driver in the Central and Eastern Europe region, with a premium increase of 17% in the first half of 2025.

What is Uniqa’s outlook for the full year 2025?

Uniqa expects a pre-tax profit between 490 and 510 million euros for 2025, reflecting positive momentum from the first half of the year.

What is the importance of the combined ratio of 90.5 percent?

A combined ratio of 90.5 percent indicates that Uniqa is effectively managing its claims costs and generating a profit from its underwriting activities.

Why did Uniqa choose to exit Albania,North Macedonia and Kosovo?

The exits were completed after regulatory approval and were part of Uniqa’s portfolio optimization strategy.

Will climate change substantially affect Uniqa’s business?

Uniqa recognizes the increasing risk posed by climate change and is actively exploring strategies to mitigate its impact, including promoting public-private partnerships for disaster preparedness.

What is Uniqa’s stance on mandatory natural disaster Insurance?

Uniqa does not see an immediate demand for mandatory elementary insurance but advocates for strengthening existing public-private partnerships to better protect against natural disasters.

Share your thoughts on Uniqa’s performance and the future of the insurance industry in the comments below!

How might Uniqa’s investment in digital change specifically contribute to continued growth in the Eastern European insurance market?

Uniqa Sees Notable Growth in Eastern European Operations During First Half of the Year

Key Performance Indicators & Regional Breakdown

Uniqa Insurance Group has reported substantial growth in its Eastern European operations during the first half of 2025. This expansion is driven by increased demand for life insurance,health insurance,and property & casualty insurance across key markets like Poland,the Czech Republic,Slovakia,Hungary,and Romania. Preliminary reports indicate a 15% increase in total premiums written in the region compared to the same period last year.

Here’s a breakdown of performance by country:

Poland: Experienced the highest growth rate at 18%, fueled by a successful launch of new digital insurance products.

Czech Republic & Slovakia: Combined growth of 12%,wiht a strong focus on corporate insurance solutions.

Hungary: Steady growth of 10%, driven by increased demand for pension products.

Romania: Showed promising growth of 14%, benefiting from a rising middle class and increased financial awareness.

Driving Factors Behind the Growth

Several factors contributed to Uniqa’s success in Eastern Europe. A key element has been the company’s strategic investment in digital transformation. This includes:

1. Enhanced Online Platforms: Improved user experience on Uniqa’s websites and mobile apps,making it easier for customers to purchase and manage policies.
2. Data Analytics & Personalized Offers: Leveraging data analytics to understand customer needs and offer tailored insurance solutions. This is especially effective in the insurance market where personalization is becoming increasingly critically important.
3. Strategic Partnerships: Collaborating with local businesses and financial institutions to expand reach and distribution channels.
4. Focus on Sustainability: Integrating ESG (Environmental, Social, and Governance) principles into its operations, appealing to a growing segment of environmentally conscious consumers.

Product Performance Highlights

Uniqa’s product portfolio performed strongly across the board. Specific highlights include:

Life Insurance: Sales of unit-linked life insurance products increased by 20%, reflecting growing interest in long-term savings and investment options. Term life insurance also saw a rise in demand.

Health Insurance: Demand for private health insurance continued to rise,particularly in countries with strained public healthcare systems. Uniqa’s comprehensive health plans proved popular.

Property & Casualty Insurance: Growth in this segment was driven by increased awareness of risk management and the availability of affordable insurance solutions. Car insurance and home insurance were key contributors.

Pension Products: Uniqa’s pension plans saw increased uptake,particularly in Hungary,where the government is encouraging private pension savings.

Impact of Economic Conditions

the positive performance was also supported by favorable economic conditions in several Eastern European countries.Rising disposable incomes, low unemployment rates, and increased consumer confidence all contributed to higher insurance penetration rates. Though, Uniqa acknowledges the potential impact of geopolitical uncertainties and inflationary pressures on future growth. Financial stability remains a key focus.

Uniqa’s Investment in Innovation

Uniqa has been actively investing in innovative technologies to enhance its operations and customer experience. This includes:

Artificial Intelligence (AI): Implementing AI-powered chatbots to provide instant customer support and automate claims processing.

Blockchain Technology: Exploring the use of blockchain to improve clarity and security in insurance transactions.

Internet of Things (IoT): Utilizing IoT devices to monitor risks and offer proactive insurance solutions (e.g., smart home sensors for property insurance).

Customer Satisfaction & Brand Reputation

uniqa consistently ranks highly in customer satisfaction surveys in Eastern Europe. This is attributed to its commitment to providing excellent customer service, obvious policies, and fair claims handling.Recent data from Ubezpieczenie.com.pl Future Outlook & Strategic Priorities

looking ahead, Uniqa remains optimistic about the growth potential of its eastern European operations. Key strategic priorities include:

expanding Digital capabilities: Further investing in digital technologies to enhance customer experience and operational efficiency.

Strengthening Distribution Network: Expanding its network of agents and brokers to reach a wider customer base.

Developing New Products: Launching innovative insurance products tailored to the specific needs of each market.

Focusing on Sustainability: Continuing to integrate ESG principles into its operations and product offerings.

Navigating Economic Challenges: Proactively managing risks and adapting to changing economic conditions. The insurance industry is constantly evolving,and Uniqa is committed to staying ahead of the curve.