Segment reporting

Operating segments

In € thousand	UNIQA Austria		UNIQA International		Reinsurance		Group function		Consolidation		Group
In € thousand	1-12/2016	1-12/2015	1-12/2016	1-12/2015	1-12/2016	1-12/2015	1-12/2016	1-12/2015	1-12/2016	1-12/2015	1-12/2016	1-12/2015
Premiums written (gross), including savings portions from unit-linked and index-linked life insurance	3,631,453	3,883,545	1,399,890	1,302,758	1,130,795	1,112,080	0	0	–1,113,928	–1,087,337	5,048,210	5,211,046
Premiums earned (net), including savings portions from unit-linked and index-linked life insurance	2,941,445	3,194,917	962,994	913,196	1,022,692	1,014,440	0	0	–99,436	–105,529	4,827,696	5,017,025
Savings portions in unit-linked and index-linked life insurance (gross)	246,038	270,217	159,060	111,795	0	0	0	0	0	0	405,097	382,012
Savings portions in unit-linked and index-linked life insurance (net)	225,666	254,102	159,060	111,795	0	0	0	0	0	0	384,725	365,897

Premiums written (gross)	3,385,416	3,613,328	1,240,830	1,190,962	1,130,795	1,112,080	0	0	–1,113,928	–1,087,337	4,643,113	4,829,034

Premiums earned (net)	2,715,779	2,940,815	803,935	801,401	1,022,692	1,014,440	0	0	–99,436	–105,529	4,442,970	4,651,128
Premiums earned (net) – intragroup	–635,317	–642,386	–332,689	–304,080	1,067,442	1,051,994	0	0	–99,436	–105,529	0	0
Premiums earned (net) – external	3,351,096	3,583,201	1,136,624	1,105,481	–44,750	–37,554	0	0	0	0	4,442,970	4,651,128
Technical interest income	306,825	403,097	26,510	28,435	0	0	0	0	0	209	333,334	431,740
Other insurance income	2,908	2,897	16,106	21,064	442	631	6,157	7,968	–1,776	–2,132	23,837	30,429
Insurance benefits	–2,292,130	–2,542,081	–484,946	–485,761	–694,723	–720,148	7,708	10,566	78,525	66,117	–3,385,566	–3,671,307
Operating expenses	–589,244	–537,469	–336,156	–333,823	–330,527	–315,686	–49,634	–27,899	19,166	24,442	–1,286,394	–1,190,435
Other technical expenses	–26,285	–34,855	–33,256	–35,366	–9,124	–9,060	–313	–905	14,656	14,504	–54,321	–65,682
Technical result	117,853	232,404	–7,807	–4,051	–11,240	–29,823	–36,081	–10,269	11,135	–2,389	73,861	185,872

Net investment income and income from investment property	460,087	597,908	63,542	97,255	29,923	27,652	152,773	207,095	–117,433	–197,926	588,892	731,983
Other income	7,914	7,506	21,091	12,305	1,844	2,240	10,896	13,798	823	–31	42,569	35,818
Reclassification of technical interest income	–306,825	–403,097	–26,510	–28,435	0	0	0	0	0	–209	–333,334	–431,740
Other expenses	–22,543	–12,285	–14,185	–28,948	–2,356	–2,204	–8,989	–8,624	–5,072	–3,629	–53,145	–55,691
Non-technical result	138,633	190,032	43,939	52,177	29,410	27,687	154,680	212,269	–121,681	–201,795	244,982	280,370

Operating profit/(loss)	256,487	422,436	36,132	48,126	18,170	–2,136	118,599	202,001	–110,546	–204,184	318,842	466,242
Amortisation of goodwill and impairment losses	–3,470	–1,542	–22,362	–16,638	0	0	0	0	0	0	–25,832	–18,181
Finance costs	–20,787	–21,151	–719	–168	–79	0	–67,456	–50,262	21,563	21,339	–67,477	–50,243
Profit/(loss) for the year from continuing operations	232,230	399,742	13,051	31,319	18,091	–2,136	51,143	151,739	–88,983	–182,846	225,533	397,818

Combined ratio (property and casualty insurance, after reinsurance)	93.7 %	92.9 %	99.2 %	99.2 %	100.0 %	101.7 %	n/a	n/a	n/a	n/a	98.1 %	97.9 %
Cost ratio (after reinsurance)	20.0 %	16.8 %	34.9 %	36.6 %	32.3 %	31.1 %	n/a	n/a	n/a	n/a	26.6 %	23.7 %