Underwritings in the first nine months grew 6.4% on the year, while the profit remained constant.
Insurance other than vehicle insurance remained the main growth driver, with double digit growth in annual terms. On the vehicle insurance segment, the company’s strategy remained defined by limited impact of mandatory third party insurance on the portfolio, while voluntary car insurance maintained profitable growth.
Uniqa Asigurari and Uniqa Asigurari de viata continued a cost optimization process in the third quarter. The companies reported a 2.9% cut in administrative costs for the first nine months.
Uniqa Insurance Group started operations on the Romanian market in 2008. The Austrian insurance group has 20,000 employees and offers insurance services to 10.1 million customers in 18 countries.