Uniqa Insurance Group AG

Earnings Release • Feb 28, 2014

EANS-Adhoc: UNIQA Insurance Group AG / Preliminary results for 2013:

ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.

Financial Figures/Balance Sheet

Preliminary results for 2013: UNIQA records significant growth in premiums and earnings

• * Premiums written increase by 6.2 per cent to 5,885.5 million euros
• * Profit on ordinary activities (EBT) rises by 49.7 per cent to 305.6 million euros
• * Consolidated net profit up 123.0 per cent to 283.4 million euros
• * Net combined ratio improves from 101.3 per cent to 99.9 per cent
• * Return on equity (ROE) increases from 8.7 per cent to 11.8 per cent
• * Dividend proposal raised to 35 cents per share (2012: 25 cents)

In the 2013 financial year, the UNIQA Insurance Group (UNIQA) increased its preliminary profit on ordinary activities (EBT) by 49.7 per cent to 305.6 million euros (2012: 204.2 million euros). Consolidated net profit (after taxes and minority interests) increased by 123.0 per cent to 283.4 million euros (2012: 127.1 million euros). Based on these figures, the Management Board will propose to the Supervisory Board and the Annual General Meeting the distribution of a dividend of 35 cents per share for the 2013 financial year (2012: 25 cents).

For 2014, the UNIQA Group has set itself the target of significantly increasing its profit on ordinary activities once again. This will require a stable capital market environment, a further improvement in the economic environment and that losses caused by natural disasters remain within a normal range.

Key data for the 2013 financial year Figures in millions of euros unless otherwise stated

	2013 /		2012 / Change in %
Premiums written including the savings portion
from unit- and index-linked life insurance		5,885.5 / 5,543.1 / +6.2
of which property and casualty
insurance of which health		2,590.5 / 2,545.9 / +1.8
insurance of which life		937.6 / 909.1 / +3.1
insurance of which recurring		2,357.4 / 2,088.1 / +12.9
premiums of which single		1,674.6 / 1,554.6 / +7.7
premiums	682.8 /	533.5 / +28.0
Premiums earned

including the savings portion

from unit- and index-linked life insurance	5,638.2 / 5,273.8 / +6.9
Retained insurance benefits	-3,955.3 / -3,758.5 / +5.2
Operating expenses1)	-1,357.6 / -1,319.3 / +2.9
Cost ratio (after reinsurance)	24.1% / 25.0% / -
Combined ratio (after reinsurance)	99.9% / 101.3% / -
Net investment income	780.0 / 791.4 / -1.4
Operating profit	337.9 / 235.1 / +43.7
Profit on ordinary activities	305.6 / 204.2 / +49.7
Result of discontinued operations	50.0 / 9.9 / +406.4
Net profit for the period	286.8 / 166.5 / +72.3
Consolidated net profit	283.4 / 127.1 / +123.0
Return on equity (ROE) after taxes and non-controlling interests	11.8% / 8.7% / -
Investments2)	27,383.6 / 26,326.0 / +4.0
Total equity including non controlling interests	2,789.9 / 2,030.0 / +37.4

1) Less reinsurance commissions and profit shares from reinsurance business ceded.

2) Incl. owner-occupied land and buildings, land and buildings held as financial investments, shares in associated companies, unit- and index-linked life insurance investments and liquid funds.

Note: All of the figures for the 2013 financial year are based on unaudited preliminary data.

Forward-looking statements

This ad hoc disclosure contains statements referring to the future development of the UNIQA Group. These statements present estimates which were reached on the basis of all of the information available to us at the present time. If the assumptions on which they are based do not occur, the actual results may deviate from the results currently expected. As a result, no guarantee can be provided for the information given.

Further inquiry note: UNIQA Insurance Group AG

Norbert Heller

Tel.: +43 (01) 211 75-3414

	mailto:norbert.heller@uniqa.at
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
	stockmarkets: official market: Wien
language:	English

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