UNIQA: COVID-19 results in negative quarterly result for the first time since the euro crisis
(World News Austria)

22.05.2020 UNIQA: COVID-19 results in negative quarterly result for the first time since the euro crisis Press release (7055 Characters)Plain text Picking up by 3.2 per cent, premium income at UNIQA Insurance Group AG (UNIQA) was significantly better than in the first quarter of the previous year. Premiums written enjoyed growth in health insurance (up 5.1 per cent), in property and casualty insurance (up 3.7 per cent) and in life insurance (up 0.3 per cent), as the effects of COVID-19 on sales were still barely noticeable in the first three months. This caused premiums to rise considerably more than insurance benefits (up 2.2 per cent), although these already included initial provisions of...