Segment reporting

Operating segments – classified by business line

Property and casualty insurance

In € thousand

UNIQA Austria

UNIQA International

Reinsurance

Group functions

Group functions

Group

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017
adjusted

Premiums written (gross)

1,703,527

1,621,756

1,067,373

997,262

1,051,342

1,044,952

0

0

–1,047,807

–1,024,271

2,774,435

2,639,699

 

 

 

 

 

 

 

 

 

 

 

 

 

Premiums earned (net)

1,033,105

999,876

584,844

544,270

961,811

981,510

0

0

4,319

–30,572

2,584,079

2,495,084

Other insurance income

8,018

3,274

16,994

14,087

196

190

981

506

–3,553

–2,729

22,635

15,328

Insurance benefits

–691,172

–675,804

–339,160

–316,185

–660,503

–673,194

249

177

514

20,169

–1,690,073

–1,644,837

Operating expenses

–255,395

–241,781

–219,552

–212,451

–297,363

–315,055

–33,500

–24,482

–5,170

5,294

–810,980

–788,475

Other technical expenses

–9,693

–7,579

–31,973

–28,974

–8,751

–8,098

–36

–570

8,582

10,885

–41,872

–34,336

Technical result

84,863

77,987

11,153

746

–4,612

–14,647

–32,306

–24,369

4,691

3,047

63,789

42,763

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income

38,966

42,993

23,751

28,183

14,267

19,017

293,266

239,951

–242,106

–210,396

128,145

119,747

Income from investments

65,330

58,146

30,491

33,173

26,575

25,119

424,615

380,792

–258,948

–228,597

288,064

268,634

Expenses from investments

–26,657

–15,368

–6,946

–5,174

–12,308

–6,103

–180,633

–142,324

8,060

11,686

–218,484

–157,283

Financial assets accounted for using the equity method

293

214

206

184

0

0

49,284

1,483

8,782

6,515

58,565

8,396

Other income

771

1,186

4,517

6,929

12,838

4,468

12,028

17,792

–4,088

–5,240

26,066

25,134

Other expenses

–11,841

–12,006

–17,139

–13,089

–4,268

–6,051

–12,327

–13,066

993

6,808

–44,581

–37,403

Non-technical result

27,896

32,172

11,130

22,023

22,837

17,434

292,967

244,677

–245,200

–208,828

109,630

107,478

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating profit/(loss)

112,760

110,159

22,283

22,769

18,225

2,786

260,661

220,308

–240,510

–205,781

173,419

150,241

Amortisation of goodwill and impairment losses

0

0

–454

–2,255

0

0

0

0

0

0

–454

–2,255

Finance cost

0

0

–4,330

–5,037

–2,900

–2,900

–57,652

–57,928

12,183

12,946

–52,699

–52,920

Earnings before taxes from continuing operations

112,760

110,159

17,498

15,476

15,325

–114

203,009

162,380

–228,326

–192,835

120,266

95,066

Health insurance

In € thousand

UNIQA Austria

UNIQA International

Reinsurance

Group functions

Consolidation

Group

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017

Premiums written (gross)

1,008,859

979,663

77,586

62,819

6,574

2,455

0

0

–6,574

–2,972

1,086,444

1,041,964

 

 

 

 

 

 

 

 

 

 

 

 

 

Premiums earned (net)

1,008,141

979,394

65,821

57,306

6,238

2,266

0

0

139

–90

1,080,339

1,038,875

Technical interest income

83,976

81,277

0

0

0

0

0

0

0

0

83,976

81,277

Other insurance income

2,653

296

124

183

0

0

389

0

0

0

3,167

479

Insurance benefits

–864,356

–849,502

–41,256

–36,252

–4,681

–101

9,396

8,237

48

7

–900,849

–877,611

Operating expenses

–140,855

–128,691

–24,662

–21,807

–1,039

–1,148

–18,370

–17,318

1,070

967

–183,856

–167,998

Other technical expenses

–38

–176

–251

–212

0

0

0

–296

1

2

–288

–683

Technical result

89,522

82,597

–224

–783

518

1,017

–8,585

–9,377

1,257

886

82,488

74,340

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income

103,049

117,685

460

285

0

0

3,886

15,751

–7,855

–17,353

99,541

116,368

Income from investments

129,492

145,714

1,103

1,064

0

0

108,310

141,177

–28,497

–31,070

210,408

256,885

Expenses from investments

–34,193

–33,692

–643

–779

0

0

–104,424

–125,748

8,839

3,569

–130,420

–156,651

Financial assets accounted for using the equity method

7,750

5,663

0

0

0

0

0

322

11,803

10,148

19,553

16,133

Other income

95

397

2,994

3,272

21

3

3,623

2,494

–1,191

1,348

5,542

7,514

Reclassification of technical interest income

–83,976

–81,277

0

0

0

0

0

0

0

0

–83,976

–81,277

Other expenses

–1,719

–2,627

–3,067

–2,892

0

0

–2,886

–2,082

344

424

–7,329

–7,177

Non-technical result

17,449

34,177

387

665

21

3

4,623

16,163

–8,703

–15,580

13,778

35,428

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating profit/(loss)

106,971

116,774

163

–118

539

1,020

–3,962

6,786

–7,446

–14,695

96,266

109,767

Finance cost

0

0

0

0

0

0

–173

–97

72

0

–101

–97

Earnings before taxes from continuing operations

106,971

116,774

163

–118

539

1,020

–4,135

6,689

–7,374

–14,695

96,165

109,670

Life insurance

In € thousand

UNIQA Austria

UNIQA International

Reinsurance

Group functions

Consolidation

Group

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017
adjusted

1–12/2018

1–12/2017
adjusted

Premiums written (gross), including savings portions from unit-linked and index-linked life insurance

1,022,014

1,055,190

419,691

548,437

40,429

44,194

0

0

–33,544

–36,179

1,448,590

1,611,642

Premiums earned (net), including savings portions from unit-linked and index-linked life insurance

990,565

1,012,050

408,397

538,294

17,539

19,243

0

0

750

597

1,417,251

1,570,184

Savings portions from unit-linked and index-linked life insurance (gross)

219,802

231,806

100,712

249,833

0

0

0

0

0

0

320,513

481,639

Savings portions from unit-linked and index-linked life insurance (net)

220,214

226,377

100,712

249,833

0

0

0

0

0

0

320,925

476,210

 

 

 

 

 

 

 

 

 

 

 

 

 

Premiums written (gross)

802,212

823,384

318,979

298,604

40,429

44,194

0

0

–33,544

–36,179

1,128,076

1,130,003

 

 

 

 

 

 

 

 

 

 

 

 

 

Premiums earned (net)

770,352

785,673

307,685

288,461

17,539

19,243

0

0

750

597

1,096,326

1,093,974

Technical interest income

225,498

231,088

26,112

27,884

0

0

0

0

0

0

251,610

258,973

Other insurance income

1,542

1,207

4,803

5,254

55

164

382

–1

–189

–137

6,593

6,487

Insurance benefits

–834,724

–814,514

–181,372

–185,187

–17,257

–19,188

0

0

–2,367

–6,073

–1,035,721

–1,024,962

Operating expenses

–168,619

–177,874

–132,377

–121,716

–1,198

–3,989

–16,541

–13,545

–1,083

–2,377

–319,817

–319,501

Other technical expenses

–5,037

–21,310

–2,195

–2,143

–3,348

–3,531

–130

–333

5,621

5,848

–5,089

–21,469

Technical result

–10,987

4,270

22,655

12,554

–4,210

–7,300

–16,288

–13,879

2,732

–2,143

–6,098

–6,498

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income

276,306

291,739

57,509

42,934

9,226

9,691

8,821

11,462

1,642

–19,807

353,505

336,019

Income from investments

317,355

374,235

64,955

51,421

9,226

9,691

60,405

63,401

–32,839

–44,144

419,103

454,605

Expenses from investments

–51,583

–90,192

–7,446

–8,487

0

0

–53,365

–53,240

15,725

7,672

–96,670

–144,247

Financial assets accounted for using the equity method

10,534

7,696

0

0

0

0

1,781

1,301

18,756

16,665

31,071

25,662

Other income

337

194

3,304

3,589

38

1

1,618

139

–61

77

5,236

4,001

Reclassification of technical interest income

–225,498

–231,088

–26,112

–27,884

0

0

0

0

0

0

–251,610

–258,973

Other expenses

–1,179

–1,940

–19,519

–3,491

–31

–71

–1,018

–6,238

1,120

–131

–20,626

–11,871

Non-technical result

49,966

58,904

15,182

15,148

9,234

9,621

9,422

5,364

2,701

–19,861

86,505

69,177

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating profit/(loss)

38,979

63,175

37,837

27,702

5,024

2,321

–6,867

–8,516

5,433

–22,004

80,407

62,679

Amortisation of goodwill and impairment losses

–1,913

–2,478

–307

–305

0

0

0

0

0

0

–2,220

–2,784

Finance cost

–25,080

–25,083

–80

0

0

0

–6,376

–6,896

31,536

31,979

0

0

Earnings before taxes from continuing operations

11,985

35,613

37,451

27,397

5,024

2,321

–13,242

–15,411

36,970

9,975

78,187

59,895