UNIQA Insurance Group AG / UNIQA significantly improves capital position to 215 per cent

Published: April 21, 2017; 08:00 · (FriedlNews)

The economic capital requirement ratio of the UNIQA Group was 215 per cent on 31 December 2016 on the basis of the internal management formula and thus at a very high level. This economic capital requirement ratio already reflects the sale of shares in Italy. The year-on-year improvement is around 33 percentage points.

 

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Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The
issuer is solely responsible for the content of this announcement.
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other/Economic capital requirement ratio
21.04.2017

The economic capital requirement ratio of the UNIQA Group was 215 per cent on
31 December 2016 on the basis of the internal management formula and thus at a
very high level. This economic capital requirement ratio already reflects the
sale of shares in Italy. The year-on-year improvement is around 33 percentage
points. As well as operating improvements in the actuarial field of health and
life insurance, the sale of the Italian companies (closing expected in Q2/17)
was a major driver of the increased capital ratio.

The market consistent embedded value after minority interests of the UNIQA
Group improved by 7.3 per cent in the past year to EUR 5,068 million (2015: EUR
4,725 million). The value of in-force business (VIF) in life and health
insurance increased by 14.1 per cent to EUR 2,107 million (2015: EUR 1,847
million). The new business margin improved to 4.3 per cent (2015: 2.4 per
cent); for CEE, it remained at a persistently high level of 5.4 per cent in
2016 (2015: 6.0 per cent).

These once again significantly improved ratios impressively demonstrate the
positive progress in the sustainable strengthening of the profitability of the
core business as part of the long-term growth strategy UNIQA 2.0 launched in

2011. At the same time, the progressive dividend policy with annual increases
in the dividend per share is thus continued and secured for the long
term.

The provisional regulatory capital requirement ratio according to Solvency II
(EIOPA standard formula) as of 31 December 2016 was 202 per cent. In accordance
with the legal regulations, this does not yet take into account the sale of the
Italian entities.

ECR Report, ECR & MCEV Presentation and MCEV Disclosure will be published on
Group's Website at www.uniqagroup.com.

The following UNIQA securities are admitted for trading on a regulated market:

Issue: ISIN: Trading segment:
Share AT0000821103 Vienna Stock Exchange
Official trading

UNIQA subord. bond 13-43 XS0808635436 Luxembourg Stock Exchange Regulated
Market UNIQA subord. bond 15-46 XS1117293107 Vienna Stock Exchange Second
Regulated Market

Further inquiry note:
UNIQA Insurance Group AG
Norbert Heller
Tel.: +43 (01) 211 75-3414
mailto:norbert.heller@uniqa.at
end of announcement euro adhoc

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issuer: UNIQA Insurance Group AG
Untere Donaustraße 21
A-1029 Wien
phone: 01/211 75-0
mail: investor.relations@uniqa.at
WWW: http://www.uniqagroup.com
sector: Insurance
ISIN: AT0000821103
indexes: WBI, ATX Prime, ATX
stockmarkets: official market: Wien
language: English

Digital press kit: http://www.ots.at/pressemappe/220/aom

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