Operating segments – classified by business line

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Property and casualty insurance
In € thousand	UNIQA Austria		UNIQA International		Reinsurance		Group functions		Consolidation		Group
In € thousand	1–12/2021	1–12/2020	1–12/2021	1–12/2020	1–12/2021	1–12/2020	1–12/2021	1–12/2020	1–12/2021	1–12/2020	1–12/2021	1–12/2020
Premiums written (gross)	1,857,585	1,796,102	1,618,657	1,192,585	1,425,000	1,125,744	0	0	–1,411,709	–1,104,104	3,489,533	3,010,327

Premiums earned (net)	1,086,677	1,066,070	902,411	702,548	1,206,962	1,039,922	0	0	7,814	414	3,203,865	2,808,954
Technical interest income	0	0	0	789	0	0	0	0	0	0	0	789
Other insurance income	3,069	2,923	12,901	7,529	237	7,581	308	13,253	–5,404	–2,450	11,111	28,836
Insurance benefits	–684,823	–698,649	–505,832	–386,161	–775,000	–687,026	0	153	532	–3,436	–1,965,123	–1,775,119
Operating expenses	–311,854	–353,673	–332,185	–269,392	–356,610	–309,509	–31,873	–42,022	–5,240	3,872	–1,037,763	–970,724
Other technical expenses	–13,377	–7,612	–45,434	–36,442	–13,718	–11,748	–7,204	–868	11,579	11,618	–68,153	–45,053
Technical result	79,692	9,059	31,861	18,871	61,871	39,220	–38,769	–29,485	9,282	10,017	143,937	47,683

Net investment income	132,858	–196,135	34,829	34,234	28,904	1,651	467,151	40,683	–528,547	149,113	135,195	29,547
Income from investments	162,308	84,348	49,471	48,615	39,953	32,331	561,625	182,732	–545,387	–127,167	267,971	220,859
Expenses from investments	–31,007	–280,686	–14,915	–14,637	–11,049	–30,680	–96,031	–141,175	8,523	265,340	–144,478	–201,837
Financial assets accounted for using the equity method	1,556	203	272	256	0	0	1,557	–874	8,318	10,940	11,703	10,525
Other income	2,237	1,355	17,058	18,302	4,019	18,011	6,568	8,537	382	481	30,264	46,685
Reclassification of technical interest income	0	0	0	–789	0	0	0	0	0	0	0	–789
Other expenses	–10,284	–8,344	–19,572	–15,503	–4,259	–929	–10,138	–11,066	99	–2,676	–44,153	–38,518
Non-technical result	124,812	–203,124	32,314	36,245	28,665	18,733	463,581	38,153	–528,065	146,918	121,306	36,925

Operating profit/(loss)	204,504	–194,065	64,175	55,116	90,536	57,953	424,812	8,669	–518,784	156,935	265,243	84,607
Amortisation of VBI and impairment of goodwill	0	0	–23,365	–87,947	0	0	0	0	0	–82	–23,365	–88,029
Finance cost	–13,218	–3,220	–4,606	–4,374	–2,901	–2,901	–141,541	–67,437	27,734	13,414	–134,532	–64,519
Earnings before taxes	191,286	–197,285	36,204	–37,205	87,635	55,052	283,271	–58,769	–491,049	170,266	107,347	–67,941

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Health insurance
In € thousand	UNIQA Austria		UNIQA International		Reinsurance		Group functions		Consolidation		Group
In € thousand	1–12/2021	1–12/2020	1–12/2021	1–12/2020	1–12/2021	1–12/2020	1–12/2021	1–12/2020	1–12/2021	1–12/2020	1–12/2021	1–12/2020
Premiums written (gross)	1,120,480	1,089,620	105,978	77,936	8,729	6,795	0	0	–8,729	–6,796	1,226,458	1,167,554

Premiums earned (net)	1,111,095	1,082,685	93,402	74,409	8,460	6,420	0	0	305	99	1,213,262	1,163,614
Technical interest income	91,100	88,746	2	2	0	0	0	0	0	0	91,102	88,747
Other insurance income	1,726	1,455	218	143	0	0	0	0	0	–1	1,944	1,597
Insurance benefits	–947,665	–916,935	–49,879	–42,177	–4,919	–6,056	4,892	2,165	–156	–53	–997,727	–963,056
Operating expenses	–151,080	–176,857	–36,119	–27,362	–197	–249	–19,237	–20,486	9	–12	–206,624	–224,966
Other technical expenses	–1,433	–227	–616	–433	0	0	–66	390	0	0	–2,115	–270
Technical result	103,743	78,867	7,007	4,581	3,344	115	–14,411	–17,931	158	33	99,841	65,666

Net investment income	111,968	95,073	163	30	0	0	88,840	28,468	–37,847	–19,029	163,124	104,542
Income from investments	102,578	120,805	223	254	0	0	116,721	83,032	–25,769	–42,871	193,754	161,220
Expenses from investments	–31,745	–31,097	–61	–224	0	0	–27,881	–54,564	2,258	7,901	–57,429	–77,985
Financial assets accounted for using the equity method	41,134	5,365	0	0	0	0	0	0	–14,336	15,941	26,799	21,307
Other income	551	127	3,691	3,278	52	0	181,145	168,409	–29,538	–27,121	155,902	144,693
Reclassification of technical interest income	–91,100	–88,746	–2	–2	0	0	0	0	0	0	–91,102	–88,747
Other expenses	–696	–749	–3,715	–3,415	–159	–14	–179,839	–169,985	29,655	27,606	–154,754	–146,556
Non-technical result	20,722	5,705	138	–110	–107	–14	90,147	26,893	–37,730	–18,543	73,170	13,931

Operating profit/(loss)	124,466	84,573	7,145	4,471	3,237	102	75,736	8,962	–37,572	–18,510	173,011	79,597
Amortisation of VBI and impairment of goodwill	0	0	–172	0	0	0	0	0	0	0	–172	0
Finance cost	190	0	–4	0	0	0	–42	–65	1	0	146	–66
Earnings before taxes	124,656	84,573	6,969	4,471	3,237	102	75,695	8,896	–37,572	–18,510	172,985	79,531

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Life insurance
In € thousand	UNIQA Austria		UNIQA International		Reinsurance		Group functions		Consolidation		Group
In € thousand	1–12/2021	1–12/2020	1–12/2021	1–12/2020	1–12/2021	1–12/2020	1–12/2021	1–12/2020	1–12/2021	1–12/2020	1–12/2021	1–12/2020
Premiums written (gross), including savings portions from unit-linked and index-linked life insurance	938,508	951,778	698,637	434,921	35,811	30,128	0	0	–30,947	–29,363	1,642,009	1,387,465
Premiums earned (net), including savings portions from unit-linked and index-linked life insurance	915,520	927,921	675,472	423,528	13,824	9,734	0	0	225	–89	1,605,041	1,361,094
Savings portions from unit-linked and index-linked life insurance (gross)	213,210	207,018	111,385	97,104	0	0	0	0	0	0	324,595	304,122
Savings portions from unit-linked and index-linked life insurance (net)	213,210	207,018	111,385	97,104	0	0	0	0	0	0	324,595	304,122

Premiums written (gross)	725,299	744,760	587,252	337,817	35,811	30,128	0	0	–30,947	–29,363	1,317,414	1,083,343

Premiums earned (net)	702,311	720,903	564,087	326,424	13,824	9,734	0	0	225	–89	1,280,446	1,056,972
Technical interest income	198,639	205,504	29,207	27,084	0	0	0	0	0	0	227,846	232,589
Other insurance income	285	599	20,280	18,964	29	25	65	35	–5,432	–8,387	15,227	11,237
Insurance benefits	–809,800	–768,151	–319,281	–179,758	–8,062	–7,523	0	0	–4,212	–972	–1,141,354	–956,404
Operating expenses	–159,310	–188,817	–224,430	–169,599	–3,008	–1,208	–16,822	–17,541	–571	6,457	–404,140	–370,708
Other technical expenses	–5,879	–5,566	–8,682	–5,704	–2,915	–3,053	–41	315	4,911	5,269	–12,606	–8,739
Technical result	–73,754	–35,527	61,182	17,412	–133	–2,025	–16,798	–17,190	–5,078	2,277	–34,581	–35,053

Net investment income	322,472	261,862	37,039	71,820	4,804	5,248	50,784	27,050	–65,467	5,340	349,632	371,321
Income from investments	295,772	281,036	58,554	83,558	4,804	5,248	73,694	55,306	–59,491	–33,542	373,333	391,606
Expenses from investments	–29,213	–26,467	–21,516	–11,738	0	0	–32,362	–29,489	16,805	13,550	–66,286	–54,143
Financial assets accounted for using the equity method	55,913	7,293	0	0	0	0	9,453	1,233	–22,781	25,332	42,585	33,858
Other income	133	111	125,636	24,581	126	2	1,154	3,292	–12,834	–2,816	114,215	25,171
Reclassification of technical interest income	–198,639	–205,504	–29,207	–27,084	0	0	0	0	0	0	–227,846	–232,589
Other expenses	–164	–435	–58,175	–44,875	–44	–88	–2,063	–3,891	8,735	3,866	–51,711	–45,423
Non-technical result	123,802	56,034	75,293	24,442	4,886	5,162	49,875	26,452	–69,567	6,390	184,289	118,479

Operating profit/(loss)	50,048	20,507	136,475	41,854	4,753	3,137	33,077	9,261	–74,645	8,667	149,708	83,426
Amortisation of VBI and impairment of goodwill	–1,786	–1,786	–45,589	–36,000	0	0	0	0	0	–1	–47,375	–37,787
Finance cost	–24,988	–25,067	–385	–155	0	0	–14,190	–7,926	39,188	32,975	–376	–173
Earnings before taxes	23,274	–6,346	90,501	5,698	4,753	3,137	18,887	1,336	–35,457	41,640	101,957	45,466

Group Report 2021

Segment reporting

Operating segments – classified by business line