In parallel, at the end of the first quarter of 2024, the two Uniqa companies reported total statutory profit before tax worth almost EUR5 million.

Along business segments, non-automotive and life insurance maintained their upward trend, being the main growth drivers for the company’s activity.

House insurance generated a 7% higher sales volume against the first three months of last year, while in the area of corporate insurance, the most significant increases were reported for liability insurance (plus 32%), technical insurance (up 26%) and SME insurance (7%).

In January-March 2024 period, Uniqa life insurance generated gross underwritten premiums worth EUR10.4 million, up 31% from Q1/2023.

(English version by Catalina Apostoiu)