UNIQA Austria
Premiums written (including the savings portions from unit-linked and index-linked life insurance) increased by 4.8 per cent to €4,702.9 million
Insurance service result at €311.4 million
Combined ratio (gross) increased from 91.9 per cent to 92.4 per cent
Financial result increased to €197.2 million
Earnings before taxes at €358.4 million
In € million |
2025 |
2024 |
2023 |
|---|---|---|---|
Premiums written, including savings portions from unit-linked and index-linked life insurance |
4,702.9 |
4,488.3 |
4,290.0 |
Cost ratio |
24.9% |
24.1% |
24.3% |
Administrative expense ratio |
13.3% |
13.5% |
13.5% |
Combined ratio (gross before reinsurance) |
92.4% |
91.9% |
92.3% |
Combined ratio (net after reinsurance) |
95.6% |
95.2% |
95.0% |
Earnings before taxes |
358.4 |
313.0 |
279.2 |
In € million |
2025 |
2024 |
2023 |
|---|---|---|---|
Premiums written |
2,339.6 |
2,222.1 |
2,119.2 |
Insurance revenue |
2,348.4 |
2,241.3 |
2,118.5 |
Insurance service expenses |
–2,169.5 |
–2,059.0 |
–1,954.4 |
Reinsurance service result |
–76.1 |
–74.6 |
–57.6 |
Insurance service result |
102.8 |
107.7 |
106.5 |
Financial result |
166.2 |
145.1 |
113.6 |
Net investment income |
180.7 |
159.1 |
118.7 |
Non-technical result |
–55.7 |
–54.8 |
–45.7 |
Cost ratio |
27.3% |
26.8% |
27.2% |
Combined ratio (gross before reinsurance) |
92.4% |
91.9% |
92.3% |
Earnings before taxes |
200.7 |
182.3 |
160.2 |
In € million |
2025 |
2024 |
2023 |
|---|---|---|---|
Premiums written |
1,475.3 |
1,389.6 |
1,268.0 |
Insurance revenue |
1,313.5 |
1,224.1 |
1,119.4 |
Release of the contractual service |
131.0 |
105.3 |
94.2 |
Insurance service expenses |
–1,212.5 |
–1,129.7 |
–1,013.6 |
Reinsurance service result |
–0.4 |
–0.5 |
–1.7 |
Insurance service result |
100.7 |
93.8 |
104.1 |
Financial result |
10.5 |
–5.0 |
–1.5 |
Net investment income |
169.9 |
182.1 |
171.5 |
Non-technical result |
–46.4 |
–38.1 |
–34.9 |
Cost ratio |
15.7% |
13.8% |
14.4% |
Earnings before taxes |
64.9 |
50.8 |
67.7 |
In € million |
2025 |
2024 |
2023 |
|---|---|---|---|
Premiums written |
888.0 |
876.5 |
902.9 |
Insurance revenue |
285.6 |
254.6 |
281.1 |
Release of the contractual service |
96.2 |
80.2 |
88.8 |
Insurance service expenses |
–183.5 |
–169.3 |
–228.2 |
Reinsurance service result |
5.7 |
6.4 |
6.6 |
Insurance service result |
107.9 |
91.7 |
59.5 |
Financial result |
20.4 |
23.1 |
29.3 |
Net investment income |
237.2 |
213.0 |
352.0 |
Non-technical result |
–27.1 |
–26.4 |
–20.3 |
Cost ratio |
47.0% |
50.6% |
41.5% |
Earnings before taxes |
92.8 |
79.9 |
51.4 |
Changes in premiums
The premium volume written by UNIQA Austria increased in 2025 by 4.8 per cent to €4,702.9 million (2024: €4,488.3 million).
Premiums written in property and casualty insurance grew by 5.3 per cent in 2025 to €2,339.6 million (2024: €2,222.1 million). In health insurance, premiums written rose in the reporting period by 6.2 per cent to €1,475.3 million (2024: €1,389.6 million). In life insurance, premiums written rose by 1.3 per cent to €888.0 million (2024: €876.5 million).
Premiums written, including savings portions from unit-linked and index-linked life insurance – UNIQA Austria
In € million
Change in insurance revenue
Insurance revenue in the UNIQA Austria segment rose by 6.1 per cent in 2025 to €3,947.6 million (2024: €3,720.0 million).
The release of the contractual service margin rose slightly overall by 17.5 per cent to €242.7 million (2024: €206.6 million).
Insurance revenue in property and casualty insurance grew in 2025 by 4.8 per cent to €2,348.4 million (2024: €2,241.3 million).
In health insurance, insurance revenue rose in the reporting period by 7.3 per cent to €1,313.5 million (2024: €1,224.1 million). The release of the contractual service margin increased by 24.4 per cent to €131.0 million (2024: €105.3 million).
In life insurance, UNIQA Austria’s insurance revenue rose in 2025 by 12.2 per cent to €285.6 million (2024: €254.6 million). The release of the contractual service margin increased by 20.0 per cent to €96.2 million (2024: €80.2 million).
Change in insurance service expenses
UNIQA Austria’s insurance service expenses increased in 2025 by 6.2 per cent to €3,565.5 million (2024: €3,358.0 million).
Nevertheless, the cost ratio in the UNIQA Austria segment increased to 24.9 per cent (2024: 24.1 per cent). The administrative cost ratio in 2025 amounted to 13.3 per cent (2024: 13.5 per cent).
In property and casualty insurance, insurance service expenses increased by 5.4 per cent to €2,169.5 million (2024: €2,059.0 million). The cost ratio increased to 27.3 per cent (2024: 26.8 per cent). The combined ratio (gross before reinsurance) rose to 92.4 per cent (2024: 91.9 per cent) due to an increase in the burden of major claims.
In health insurance, insurance service expenses grew in 2025 by 7.3 per cent to €1,212.5 million (2024: €1,129.7 million). The cost ratio increased in this area to 15.7 per cent (2024: 13.8 per cent).
In life insurance, insurance service expenses rose by 8.4 per cent to €183.5 million (2024: €169.3 million). Nevertheless, the life insurance cost ratio in the UNIQA Austria segment fell to 47.0 per cent (2024: 50.6 per cent).
Reinsurance service result
The reinsurance service result in 2025 amounted to €–70.7 million (2024: €–68.7 million).
Insurance service result
The insurance service result in the UNIQA Austria segment rose in 2025to €311.4 million (2024: €293.3 million).
Financial result
The net investment income of UNIQA Austria rose in 2025 to €587.8 million (2024: €554.3 million). The financial result increased to €197.2 million (2024: €163.2 million).
Net investment income from unit-linked and index-linked life insurance in 2025 amounted to €109.6 million (2024: €186.0 million).
Non-technical result
The non-technical result in 2025 came to –129.3 million (2024: €–119.3 million). Other income fell to €13.2 million (2024: €19.5 million), while other expenses increased by 2.6 per cent to €142.4 million (2024: €138.8 million).
Earnings before taxes
The operating profit grew by 12.5 per cent to €379.3 million (2024: €337.1 million) due to the increase in the insurance service result and the higher financial result. Earnings before taxes in the UNIQA Austria segment rose by 14.5 per cent to €358.4 million (2024: €313.0 million).
In property and casualty insurance, earnings before taxes increased to €200.7 million (2024: €182.3 million); in health insurance, they increased by 27.7 per cent to €64.9 million (2024: €50.8 million). Finally, in life insurance, earnings before taxes rose to €92.8 million (2024: €79.9 million).
Earnings before taxes – UNIQA Austria
In € million
