Austria · Delayed Price · Currency is EUR UNIQA Insurance Group AG Earnings Call Transcripts
Fiscal Year 2025
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Revenue grew over 8% to EUR 8.3 billion in 2025, with profit before tax at EUR 560 million and a 22% rise in consolidated profit. Strong performance in CE, disciplined cost control, and new product launches drove results. Dividend proposed at EUR 0.72 per share.
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Nine-month results show 9% volume growth and a 26% rise in consolidated profit, driven by strong P&C and international performance. Combined ratio remains below target, solvency is robust, and full-year guidance is maintained at the upper end.
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Earnings before tax rose 7% to €296 million in H1 2025, driven by strong international growth, especially in Poland, and improved underwriting. Full-year pre-tax profit guidance was raised to €490–510 million, with robust solvency and investment performance.
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Premiums grew 13% and return on equity reached 16.1% in Q1 2025, with strong technical performance and low claims driving an 11% EPS increase. Financial results were impacted by unrealized investment losses, but guidance remains optimistic for at least 6% EPS growth in 2025.
Fiscal Year 2024
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Full-year 2024 saw over 9% premium growth, strong profitability, and a robust investment result, despite a major nat cat event. The solvency ratio remains high, and a progressive dividend increase is proposed, with a profit before tax target above EUR 500 million seen as realistic.
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Strong premium growth and resilient profitability despite Storm Boris, with robust investment income and a positive outlook for 2024 and beyond. Strategic exit from three Balkan countries sharpens focus on core markets, while solvency and capital position remain strong.
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Strong EBT growth of nearly 20% year-over-year was driven by robust international and Austrian market performance, improved combined ratio, and favorable claims. Cautious outlook for H2 due to Nat Cat risks, but annual targets remain on track.