Q3 2023 Uniqa Insurance Group AG Earnings Call Transcript

Nov 23, 2023 / 01:00PM GMT
Operator

Good day, and welcome to UNIQA Group's results for the first to third quarter 2023. Today's call is being recorded. At this time, I will now turn the call over to Kurt Svoboda. Please go ahead, sir.

Kurt Svoboda - UNIQA Insurance Group AG - Member of the Management Board, CFO & Chief Risk Officer

Thank you, and welcome to all of you for UNIQA's results presentation for Q3 2023. I'm starting on Page #5 with the results of a view after 9 months ending up with an earnings before tax by EUR 305 million starting with a very good development on insurance revenue, which are more or less on the same level as the gross written premium, but I will come to that later. 9.3% growth in -- after first 9 months. Of that, a very stable development of the CSM release coming predominantly from Life and from Health with a EUR 238 million impact. Impact of technical result has been the weather-related claims. On a group level, after 9 months, we record here around EUR 150 million. In Austria on a stand-alone basis, around roughly EUR 130 million especially in August and September

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot