Thanks to the consistent implementation of its internationalisation strategy, UNIQA is already present today in 21 markets in Europe, including the countries of Central, Eastern and South Eastern Europe. This gives the Group a broad risk spread that strengthens both its position and its autonomy. At the same time, the premium growth resulting from the expansion in recent years forms a solid basis for the UNIQA Group’s long-term earnings power.
Despite the exceptionally uneasy economic environment in 2009, UNIQA remained true to its strategy of actively working the markets of Central, Eastern and South Eastern Europe. The low insurance density and penetration of this region as compared to Austria offer considerable medium- and long-term potential for premium and profit growth – setting aside the current economic setbacks.
“A look back on the last ten years confirms our strategy of international expansion. Over 15 successful acquisitions in 21 markets, greatly increasing the number of customers and premium volume as well as a massive increase in profits – all despite the setbacks of the past two years. This in particular demonstrates that the ever-widening orientation of our Group represents a critical advantage. We will further expand our financial strength and earning power on this basis in the future.
10 years of UNIQA."
Hannes Bogner
Member of the Management Board
