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