31. Relationships with related companies and persons

Companies in the UNIQA Group maintain various relationships with related companies and persons.

Related companies refer to companies which exercise either a controlling or a significant influence on UNIQA. The group of related companies also includes the non-consolidated subsidiaries, associates and joint ventures of UNIQA.

Related persons include the members of management holding key positions along with their close family members. This covers in particular the members of management in key positions at those companies which exercise either a controlling or a significant influence on the UNIQA Group, along with their close family members.

Transactions and balances with related companies

In € thousand

Companies with significant influence on UNIQA Group

Affiliated but not consolidated companies

Associated companies of UNIQA Group

Other related parties

Total

Transactions in 2018

 

 

 

 

 

Premiums written (gross)

2,079

357

1,725

55,329

59,491

Income from investments

3,358

570

20,705

6,238

30,871

Expenses from investments

–1,047

0

0

–1,396

–2,444

Other income

117

6,687

1,944

330

9,078

Other expenses

–1

–7,831

–2,733

–23,031

–33,596

 

 

 

 

 

 

At 31 December 2018

 

 

 

 

 

Investments

225,221

13,393

653,388

46,367

938,369

Cash and cash equivalents

1,160,656

0

0

152,130

1,312,786

Receivables, including insurance receivables

13

2,129

67

4,685

6,894

Financial liabilities

772,196

0

0

0

772,196

Liabilities and other items classified as liabilities

273

751

196

5,183

6,403

In € thousand

Companies with significant influence on UNIQA Group

Affiliated but not consolidated companies

Associated companies of UNIQA Group

Other related parties

Total

Transactions in 2017

 

 

 

 

 

Premiums written (gross)

3,238

386

859

57,498

61,982

Income from investments

1,636

1,100

13,805

4,255

20,796

Expenses from investments

–860

0

0

–2,814

–3,674

Other income

263

5,841

167

403

6,674

Other expenses

–802

–3,701

–2,848

–7,443

–14,794

 

 

 

 

 

 

At 31 December 2017

 

 

 

 

 

Investments

230,649

5,452

535,754

40,300

812,155

Cash and cash equivalents

239,187

0

0

150,468

389,655

Receivables, including insurance receivables

156

2,135

55

5,499

7,845

Financial liabilities

0

0

0

0

0

Liabilities and other items classified as liabilities

0

530

233

3,241

4,004

Transactions with related persons

In € thousand

1–12/2018

1–12/2017

1)

This item includes fixed and variable Management Board remuneration paid in the financial year and remuneration of the Supervisory Board.

Premiums written (gross)

505

386

Salaries and short-term benefits1)

–4,711

–3,832

Pension expenses

–940

–951

Compensation on termination of employment contract

–151

–215

Expenditures for share-based payments

–1,112

–1,444

Other income

228

135