Home » Business » Title: UNIQA Raises Financial Goals Amid Strong Growth

Title: UNIQA Raises Financial Goals Amid Strong Growth

by Priya Shah – Business Editor

UNIQA‘s ⁣”Growing Impact” Strategy Surpasses Expectations, CEE region⁣ Drives Growth

UNIQA Insurance group AG‍ reports‌ its “Growing Impact”‍ strategy is exceeding expectations, fueled by strong performance in Central and Eastern Europe (CEE). The ‌company currently holds a meaningful market share in Austria, with four out of ten private health insurance customers choosing UNIQA.

René ⁢Knapp, Board member ‌responsible for asset Management, Personal ⁢Lines, people & Brand, highlighted UNIQA’s comprehensive healthcare ecosystem, extending beyond traditional insurance ⁣to include its own medical infrastructure. ‍He affirmed continued investment in expanding this area.this strategy is notably evident in ​the growth of UNIQA’s second brand, ​Mavie, which ​is ⁤now available‌ in eight CEE countries and offered in 19 languages.

The CEE region is‌ demonstrating robust growth, expanding ​at roughly twice the rate of the Eurozone. The Vienna Institute ​for International Economic Studies forecasts real GDP growth of 2.2 percent for EU ⁤member states in Central, Eastern, and Southeastern Europe ⁢in 2025, rising to 2.6 ⁣percent in 2026, compared to 0.9 and 1.4 percent​ respectively‌ for the Eurozone. Despite this dynamic growth, insurance density in CEE remains below ‌Western European levels, presenting significant ⁣growth opportunities for UNIQA.

Wolfgang Kindl, Board Member Customer & Market International, stated,​ “Central and Eastern europe remains the growth ‌engine for UNIQA. We‌ are now among the top 5 in the world’s fastest-growing insurance region and have been‍ growing substantially faster than the ‍market for years.” UNIQA aims to‌ not ⁤only​ maintain this momentum but accelerate it through 2028, prioritizing ​profitability, scaling, and regional diversification. The company targets at least 8 percent annual⁢ premium growth in the CEE region by 2028 – exceeding ​the group ‍average.

UNIQA⁤ operates in⁣ 14 countries, serving over 17 million customers with a workforce of around 20,000⁤ employees and exclusive sales partners. Beyond Austria,⁢ the company has a strong‍ presence in ⁤Bosnia and ⁤Herzegovina, Bulgaria, ⁣Croatia, ‌Montenegro, Poland, Romania, Serbia, Slovakia, Czech Republic, Ukraine, and Hungary,⁤ as well as Switzerland and ‌Liechtenstein.

Further Information:

* Download ⁢presentation capital market⁤ update

* ​ Image material for the capital market update

* Images of the UNIQA board members

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