With € 4,532.1 million premiums written

With € 4,532.1 million premiums written, UNIQA is one of the leading insurance groups in Central and Eastern Europe. The savings portion of premiums from unit- and index-linked life insurance amounting to € 559.3 million is, in accordance with FAS 97 (US-GAAP), balanced out by the changes in the actuarial provision. Premium volume including the savings portion of premiums from unit- and index-linked life insurance amounts to € 5,091.4 million.

The UNIQA Group offers its products and services through all distribution channels (salaried sales force, general agencies, brokers, banks and direct sales). UNIQA is active in all insurance sectors; market leader in Austria for personal injury insurance and one of the largest property insurers in the country.

UNIQA in Europe

The UNIQA Group operates its direct insurance business in Austria through UNIQA Personenversicherung AG, UNIQA Sachversicherung AG, Raiffeisen Versicherung AG, Finance Life Lebensversicherung AG, Salzburger Landes-Versicherung AG, and CALL DIRECT Versicherung AG.

The listed Group holding company, UNIQA Versicherungen AG, is responsible for Group management and is the central reinsurer for the Group’s Austrian operational companies. UNIQA Re AG has its headquarters in Zurich and is responsible for reinsuring the Group’s international operational companies.

A continuous and sustainable growth in our strategic target markets is one of the UNIQA Group’s key objectives. The UNIQA Group’s international activities are managed centrally through the competence centre and specialist departments, in order to achieve the maximum synergy effects. On the other hand, UNIQA International Versicherungs-Holding GmbH is responsible, in addition to the ongoing observation and analysis of the international target markets, for acquisitions and their integration into the Group.

Successful market entry in Ukraine and Serbia

In May of 2006, UNIQA acquired a 35% stake in Credo-Classic, the seventh-largest insurance company in the Ukraine, based in Kiev. At the same time, an agreement was reached to gradually increase the commitment to 76% by 2009. In October of 2006, UNIQA and Credo-Classic both invested equal capital shares to form UNIQA LIFE in Kiev, to take up the sale of life insurance policies.

At the beginning of November 2006, the UNIQA Group took over 80% of the share capital of Zepter Osiguranje in Belgrade. At the same time, the general conditions for the acquisition of the remaining shares were specified. At the beginning of 2007, the company was renamed to UNIQA a.d.o. Serbia’s sixth-largest insurer is headquartered in Belgrade and is one of the largest life insurance companies in the country.

The preferred partnership cooperation with the Raiffeisen bank group has already been expanded to include the Ukraine (Raiffeisen Bank Aval) and Serbia (Raiffeisen banka).

With these companies the UNIQA Group has expanded its presence in Eastern and South-Eastern Europe and is now already represented in a total of sixteen European countries. UNIQA currently holds either direct or indirect shares of the following 27 international insurance companies:

Central Eastern Europe (CEE)

• UNIQA TU S.A., Lodz
• UNIQA TU na Žycie S.A., Lodz
• TU FILAR S.A., Stettin
• UNIQA pojišťovna a.s., Prag
• UNIQA poistovňa a.s., Bratislava
• UNIQA Biztosító Zrt., Budapest
• UNIQA osiguranje d.d., Zagreb
• UNIQA Osiguranje d.d., Sarajevo

New Eastern Emerging Markets (NEEM)

• Credo-Classic, Kiew
• UNIQA LIFE, Kiew
• ASTRA S.A., Bukarest
• UNIQA Insurance plc (vormals Vitosha AD), Sofia
• UNIQA Life Insurance plc (vormals Vitosha Life AD), Sofia
• UNIQA a.d.o. (vormals Zepter osiguranje A.D.), Belgrad
• Zepter Osiguranje A.D., Podgorica

Western European Markets (WEM)

• Mannheimer AG Holding, Mannheim
• Mannheimer Versicherung AG, Mannheim
• Mannheimer Krankenversicherung AG, Mannheim
• mamax Lebensversicherung AG, Mannheim
• Mannheimer Versicherung AG, Zürich
• UNIQA Assurances S.A., Genf
• UNIQA Re AG, Zürich
• UNIQA Versicherung AG, Vaduz
• UNIQA Lebensversicherung AG, Vaduz
• UNIQA Assicurazioni S.p.A., Mailand
• UNIQA Previdenza S.p.A. (vormals Claris Vita S.p.A.), Mailand
• CARNICA Assicurazioni S.p.A., Udine

Companies included in the IFRS consolidated financial statements

The 2006 consolidated financial statements of the UNIQA Group include – along with UNIQA Versicherungen AG – 30 domestic and 52 foreign companies. 43 affiliated companies, whose influence on an accurate presentation of the actual financial status of the assets, financial position and profitability is insignificant, were not included in the consolidated financial statements. In addition, we included fourteen domestic and two foreign companies as associates according to the equity accounting method. Eight associates were of minor importance and their shares are recognised at market value.

The scope of consolidation of the UNIQA Group expanded in the first quarter of 2006, with the Bulgarian companies UNIQA Insurance plc and UNIQA Life Insurance plc, which were fully consolidated for the first time. The Ukrainian Insurance company Credo-Classic has been listed as an associate since the second quarter of 2006. The newly founded UNIQA LIFE in Ukraine has been amongst the fully consolidated companies since the third quarter of 2006. UNIQA a.d.o in Serbia was first consolidated in the fourth quarter of 2006.