UNIQA Insurance Group AG 9M16 Results. On track to meet targets in November 2016 Andreas Brandstetter, CEO Kurt Svoboda, CFO/CRO

Size: px
Start display at page:

Download "UNIQA Insurance Group AG 9M16 Results. On track to meet targets in November 2016 Andreas Brandstetter, CEO Kurt Svoboda, CFO/CRO"

Transcription

1 UNIQA Insurance Group AG 9M16 Results On track to meet targets in November 2016 Andreas Brandstetter, CEO Kurt Svoboda, CFO/CRO

2 9M16 Highlights Group Strategy & Results Group Results Outlook Appendix: Additional Information Business Performance Operating Segments Asset Management Shareholder Information 2

3 Executive summary 9M16 Gross written premiums (a) decreased by 2.3% due to reduction of single premium business in Austria Net combined ratio worsened slightly to 98.2% (98.0% 9M15); Large losses above run rate in 3Q16 Net cost ratio increased to 22.4% (21.4% 9M15) Net investment result down by 20.7% to EUR 490.1m mainly driven by positive non recurring items in 9M15 Earnings before taxes decreased as expected by 42.9% to EUR 172.2m (a) Including savings portion of premiums from unit- and index-linked life insurance 3

4 Key Financial Indicators Earnings per share (EUR) Economic Capital Ratio % 150% 182% 166% % 9M12 9M13 9M14 9M15 9M16 Operating Return on Equity (%) FY12 FY13 FY14 FY15 6M16 Book value per share (EUR) 16.1% 14.6% 15.6% 16.3% % 8.7% FY12 FY13 FY14 FY15 9M16 FY12 FY13 FY14 FY15 9M16 4

5 Snapshot 9M16 EURm 9M15 9M16 % Gross premiums written (a) 4.866, ,3-2,3% Premiums earned (retained) 4.307, ,3-2,1% Net investment income 618,0 490,1-20,7% Insurance benefits , ,4-2,3% Operating expenses (net) -998, ,0 1,7% thereof admin costs -289,9-312,4 7,8% Insurance technical result 151,0 74,4-50,7% Earnings before tax 301,9 172,2-42,9% Consolidated profit 245,0 148,8-39,3% Cost ratio group (net) 21,4% 22,4% 1.0pp Combined ratio P&C (net) 98,0% 98,2% 0.2pp Investment yield (b) 3.4% 2.6% -0.8pp (a) Including savings portion of premiums from unit- and index-linked life insurance (b) Definition investment yield: annualized investment result divided by average total investments excluding self-used land and buildings. Reduction of single premium business in Austria; Recurring premiums up 1.9% ytd Reduced harvesting, lower interest rates and positive FX effects in 9M15 Mainly driven by decrease of single premium business Underlying cost base slightly down; investments in 9M16 of EUR 29.6m Decrease reflecting lower contribution from life and health business in 9M16 Declining technical result and investment income led to lower consolidated profit In connection with decrease of single premium and investments 5

6 9M16 Highlights Group Strategy & Results Group Results Outlook Appendix: Additional Information Business Performance Operating Segments Asset Management Shareholder Information 6

7 GWP decreased 2.3% y-o-y Gross written premium (a) per business line EURm -2.3% 4.3% 6,325 6,064 5,886 5, , ,552 1,670 1,522 1, , , % 1, ,559 1, ,866 4, ,098 1, ,546 2,591 2,621 2, ,030 2, Q15 4Q15 1Q16 2Q16 3Q16 9M15 9M16 P&C Health Life - recurring Life - single Life: Stop of single premium business in AT drove decrease in GWP y-o-y despite revived single premium business in IT Moderate growth of P&C business (+2.4%) driven by both core markets AT (+1.4%) and CEE (+4.9%) Health business continued solid growth (+4.0%) in line with longer term trend Overall recurring business increased 1.9% y-o-y (a) Including savings portion of premiums from unit- and index-linked life insurance 7

8 Cost ratio up to 22.4% due to investments Cost ratio (net) (%), Costs (EURm) 1,353 1, % 1,299 1, % ,1% % 24.6% 22.2% 21.3% % % % 22.2% 22.2% ,4% 22,4% Q15 4Q15 1Q16 2Q16 3Q16 9M15 9M16 Net commissions (a) Acquisition related expenses Other operating expenses Admin expenses increased y-o-y due to first investments of EUR 29.6m Net commissions decreased mainly driven by reduction of single premium business Acquisition related expenses up compared to extraordinary low base in 9M15 but in line with longer term trend Cost ratio (a) Including changes in DAC (Deferred Acquisition Costs) 8

9 P&C: In 9M16 COR increased to 98.2% impacted by large losses in 3Q16 Combined ratio (net) (%) 1.1 pp 0.2 pp 101.5% 99.9% 99.6% 97.8% 99.7% 97.3% 95.8% 98.0% 100.8% 98.0% 98.2% 33.0% 33.0% 30.2% 30.0% 29.3% 28.0% 30.6% 32.9% 29.5% 30.7% 31.0% 68.4% 66.9% 69.4% 67.8% 70.4% 69.3% 65.1% 65.1% 71.3% 67.3% 67.2% Q15 4Q15 1Q16 2Q16 3Q16 9M15 9M16 Loss Ratio Expense Ratio In 3Q16 loss ratio significantly worsened due to above run rate large claims in international markets and smaller NatCat events (hail storms) in Austria; In 9M16 large losses approximately EUR 30m above 9M15 Higher expense ratio reflecting first investments in 9M16 (EUR 9.6mn in P&C segment) UNIQA expects loss ratio to normalize in the quarters to come 9

10 P&C: Improved EBT contribution reflecting higher investment income in 3Q16 Net premiums earned EURm Investment result EURm Earnings before taxes EURm 1.9% % N/A Q15 4Q15 1Q16 2Q16 3Q16 3Q15 4Q15 1Q16 2Q16 3Q16-4 3Q15 4Q15 1Q16 2Q16 3Q16 Moderate growth driven by motor business in AT and in CEE In 3Q16 gain on sale of stake in Niederösterreichische Versicherung in the amount of EUR 37.2m improved investment result Underwriting result improved by EUR 12m in 9M16 Financing costs rose y-o-y due to issuance of EUR 500m sub-tier bond in

11 Health: Increased benefits and lower investment result affecting 9M16 results Cost benefit ratio (%) Investment result EURm Earnings before taxes EURm -35.4% 95% 96% 102% 104% 99% 17% 19% 15% 14% 19% % % 77% 83% 88% 83% Q15 4Q15 1Q16 2Q16 3Q16 3Q15 4Q15 1Q16 2Q16 3Q16 3Q15 4Q15 1Q16 2Q16 3Q16 Benefit Ratio Cost Ratio Long term growth trend continued; GWP up 4.0% y-o-y Benefits starting to normalize in 3Q16 (accounting effect in 2Q16) - expected to continue in full year 2016 Investments of EUR 8.4m increasing cost ratio in 9M16 In 9M16 investment result decreased reflecting lower realized and unrealized gains EBT contribution improved in 3Q16, but still below expected level in 9M16 11

12 Life: Decline of technical reserves reversed on growing Italian life business Reserve (net) EURbn Investment result EURm Earnings before taxes EURm % % Q15 4Q15 1Q16 2Q16 3Q16 3Q15 4Q15 1Q16 2Q16 3Q16 3Q15 4Q15 1Q16 2Q16 3Q16 Margin on Reserves (a) Reserves increased ytd: Increase in Italy overcompensating reduction in AT Increased cost ratio due to reduction of single premium business, one time bonus commissions in relation to new traditional product and first investments of EUR 11.6m in 9M16 Low interest rate environment and FX headwinds put pressure on investment result in 9M16 (a) Definition margin on reserves: Annualized operating result divided by average technical reserves 12

13 Investment activity Investment income EUR 175 1Q Q11 3Q Q Q12 2Q12 3Q12 4Q12 1Q13 2Q13 3Q13 Note: Excluding unit-linked investment income Quarterly figures in 3Q2011 and prior quarters include Mannheimer Group (sold in June 2012) 4Q13 1Q14 2Q14 3Q14 Investment allocation by asset class EUR 24.4bn Dec % 1.4% 3.5% 5.7% 4Q14 EUR 25.4bn Sept 16 1Q15 2Q15 3Q15 2.2% 3.1% 5.6% 5.2% 4Q15 1Q16 2Q16 3Q16 Current income of EUR 448.4m in 9M16 Realized and unrealized profits and losses of EUR 41.7m in 9M16; Thereof realized gain on sale of stake in Niederösterreichische Versicherung in the amount of EUR 37.2m in 3Q16 Positive effect from participation in STRABAG in the amount of EUR 3.6m in 9M16 (EUR 4.9 in 9M15) In 9M16 assets under management (excluding unit and index linked assets) continued to grow mainly due to growth of Italian business 82.3% 84.0% Bonds Real estate Cash Equities & Alternatives Participations 13

14 9M16 Highlights Group Strategy & Results Group Results Outlook Appendix: Additional Information Business Performance Operating Segments Asset Management Shareholder Information 14

15 Outlook Business outlook FY 2016 Premiums forecasted flat or slightly declining: Life: Single premium business to decline compared to strong performance in 2015; Recurring premium business forecasted flattish to slightly down P&C and Health are expected to grow Due to large losses above expectations combined ratio will be approximately on same level as 2015 Economic capital ratio projected within the target range Earnings before tax will decrease by up to 50% compared to 2015 mainly due to significant investments and lower net investment result in 2016 The outlook assumes that, in 2016, there will not be any extraordinary negative developments and that major losses caused by natural disasters will remain within the average range 15

16 9M16 Highlights Group Strategy & Results Group Results Outlook Appendix: Additional Information Business Performance Operating Segments Asset Management Shareholder Information 16

17 UNIQA Austria Highlights Gross premiums written decrease of -8.2% yoy is a result of stop of sale of single premium business products. Motor business, property retail business and Health and new traditional life business sale continued to grow Insurance claims and benefits: Increased large losses in P&C in 9M16; Increase of profit-sharing in Health business compared to previous year Net operating expenses decreased slightly as a result of decrease of net commissions (increase of tariff rates and health commissions promotion in autumn 2015 and in 1Q16) Net investment income decreased due to increased volatility of financial markets (especially FX effects) and lower realized and unrealized profits and losses in 9M16 Earnings before tax decreased 40.2% yoy due to lower insurance technical result and investment income EURm 9M15 9M16 Δ yoy Gross premiums written (a) 3, , % Reinsurers' share % Change due to premiums earned % Net Premiums Earned (a) 2, , % Savings portion included in premiums % Premiums Earned 2, , % Net Insurance Claims and Benefits -1, , % Expenditure for claims -2, , % Change in actuarial reserves % Policyholder participation % Net Operating Expenses % Net Commissions % Acquisition related expenses % Other operating expenses % Allocated investment income % other technical result % INSURANCE TECHNICAL RESULT % Net Investment Income % Allocated investment income % other non-technical result >100% OPERATING RESULT % Amortisation of goodwill % Financing costs % EARNINGS BEFORE TAX % (a) Including savings portion of premiums from unit- and index-linked life insurance 17

18 UNIQA Austria P&C Financial Highlights Gross premium written increased mainly due to motor business and due to growth in property retail business. Corporate business decreased according to plan Insurance technical result improved mainly due to better other technical result Net investment income decreased slightly due to increased volatility of financial markets (especially FX effects) and lower realized and unrealized profits and losses in 9M16 Earnings before tax improved 6.2% reflecting improved technical performance EURm 9M15 9M16 Δ yoy Gross premiums written(a) 1, , % Reinsurers' share % Change due to premiums earned % Net Premiums Earned(a) % Savings portion included in premiums N/A Premiums Earned % Net Insurance Claims and Benefits % Expenditure for claims % Change in actuarial reserves % Policyholder participation % Net Operating Expenses % Net Commissions % Acquisition related expenses % Other operating expenses % Allocated investment income N/A other technical result % INSURANCE TECHNICAL RESULT % Net Investment Income % Allocated investment income N/A other non-technical result % OPERATING RESULT % Amortisation of goodwill N/A Financing costs N/A EARNINGS BEFORE TAX % (a) Including savings portion of premiums from unit- and index-linked life insurance 18

19 UNIQA Austria Health Financial Highlights Gross premiums written continued growth tend due to premium adjustments and a successful cooperation with business partner Hartlauer. Insurance claims and benefits increased higher than premiums due to an increase of expenditures for claims and the increase of policyholder participation Rise of operating expenses is a result of increase of commissions (higher tariff rates) and other acquisition costs Net investment income decreased due to increased volatility of financial markets (especially FX effects) and lower realized and unrealized profits and losses in 9M16 Reflecting lower investment income and worsened insurance technical result earnings before tax decreased 52.7% yoy to EUR 59.6m EURm 9M15 9M16 Δ yoy Gross premiums written(a) % Reinsurers' share % Change due to premiums earned % Net Premiums Earned(a) % Savings portion included in premiums N/A Premiums Earned % Net Insurance Claims and Benefits % Expenditure for claims % Change in actuarial reserves % Policyholder participation % Net Operating Expenses % Net Commissions % Acquisition related expenses % Other operating expenses % Allocated investment income % other technical result % INSURANCE TECHNICAL RESULT % Net Investment Income % Allocated investment income % other non-technical result N/A OPERATING RESULT % Amortisation of goodwill N/A Financing costs N/A EARNINGS BEFORE TAX % (a) Including savings portion of premiums from unit- and index-linked life insurance 19

20 UNIQA Austria Life Financial Highlights Decline in top line driven decrease of reduced single premium business volume Insurance claims and benefits considerably decrease due to reduced volume of single premium business. Strong impact on profit-sharing through general interest rate reduction Net operating expenses decreased driven by lower top line Net investment income decreased due to increased volatility of financial markets (especially FX effects) and lower realized and unrealized profits and losses in 9M16 Earnings before tax declined 57.2% y-o-y despite improved insurance technical result and as a consequence of lower net investment income EURm 9M15 9M16 Δ yoy Gross premiums written(a) 1, % Reinsurers' share % Change due to premiums earned % Net Premiums Earned(a) 1, % Savings portion included in premiums % Premiums Earned % Net Insurance Claims and Benefits % Expenditure for claims -1, , % Change in actuarial reserves % Policyholder participation % Net Operating Expenses % Net Commissions % Acquisition related expenses % Other operating expenses % Allocated investment income % other technical result % INSURANCE TECHNICAL RESULT % Net Investment Income % Allocated investment income % other non-technical result % OPERATING RESULT % Am ortisation of goodwill % Financing costs % EARNINGS BEFORE TAX % (a) Including savings portion of premiums from unit- and index-linked life insurance 20

21 UNIQA International Financial Highlights Premium increase compared to 9M15 of 7.9 % or EUR 144.0m; Increase in single Life premiums by EUR 91m (thereof Italy EUR 97m). Premium growth CEE of 4.5% (FX adjusted 6.6%) mainly influenced by the strong increase in motor business % and despite negative FX headwinds Net insurance claims and benefits: strongly increased mainly due to higher volume of Life business in Italy Other operating expenses increased compared to previous year due to higher intercompany charges from group functions and investments Technical result decreased compared to prior year mainly due to P&C segment, based on increased claims and negative run-off results in Poland Net investment income strongly reduced compared to previous year due to lower FX gains and one off extraordinary income due to sale of Liechtenstein Life in 1Q15 EBT lower then previous year due to lower investment income and lower insurance technical result EURm 9M15 9M16 Δ yoy Gross premiums written(a) 1, , % Reinsurers' share % Change due to premiums earned N/A Net Premiums Earned(a) 1, , % Savings portion included in premiums % Premiums Earned 1, , % Net Insurance Claims and Benefits , % Expenditure for claims % Change in actuarial reserves % Policyholder participation % Net Operating Expenses % Net Commissions % Acquisition related expenses % Other operating expenses % Allocated investment income % other technical result % INSURANCE TECHNICAL RESULT % Net Investment Income % Allocated investment income % other non-technical result N/A OPERATING RESULT % Amortisation of goodwill % Financing costs >100% PROFIT ON ORDINARY ACTIVITIES % (a) Including savings portion of premiums from unit- and index-linked life insurance 21

22 UNIQA International P&C Financial Highlights Gross premiums written increased compared to 9M15 despite negative FY effects Gross written premiums in CEE increased in 9M16 compared to 9M15 driven by strong motor business in CEE (Romania and Poland price increase and ongoing consolidation of the market in Romania) Net insurance claims and benefits increased due to higher claims expenses and negative run-off results in Poland Net operating expenses increased as a result of higher other operating expenses (increase caused by higher intracompany charges and investments) Technical result decreased compared to prior year due to higher claims expenses and negative run-off results e.g. in Poland. Earnings before tax decreased as a result of lower investment income and technical result EURm 9M15 9M16 Δ yoy Gross premiums written(a) % Reinsurers' share % Change due to premiums earned N/A Net Premiums Earned(a) % Savings portion included in premiums N/A Premiums Earned % Net Insurance Claims and Benefits % Expenditure for claims % Change in actuarial reserves % Policyholder participation % Net Operating Expenses % Net Commissions % Acquisition related expenses % Other operating expenses % Allocated investment income N/A other technical result % INSURANCE TECHNICAL RESULT >100% Net Investment Income % Allocated investment income N/A other non-technical result % OPERATING RESULT % Amortisation of goodwill % Financing costs >100% EARNINGS BEFORE TAX % (a) Including savings portion of premiums from unit- and index-linked life insurance 22

23 UNIQA International Health Financial Highlights Gross premium written: increased +4.7 % (FX adjusted +7.2%); highest growth rates in Serbia, Croatia and Czech Republic Operating expenses: Commissions are in line with premium development, while other operating expenses decrease due to lower cost allocation Insurance technical result: significantly improved based on better cost and claim situation in all markets (especially Switzerland, Italy and Ukraine) Operative EBT: EUR 3.0m (before goodwill impairment) increased due to very good technical development EURm 9M15 9M16 Δ yoy Gross premiums written(a) % Reinsurers' share % Change due to premiums earned % Net Premiums Earned(a) % Savings portion included in premiums N/A Premiums Earned % Net Insurance Claims and Benefits % Expenditure for claims % Change in actuarial reserves % Policyholder participation N/A Net Operating Expenses % Net Commissions % Acquisition related expenses % Other operating expenses % Allocated investment income N/A other technical result % INSURANCE TECHNICAL RESULT N/A Net Investment Income % Allocated investment income N/A other non-technical result % OPERATING RESULT N/A Am ortisation of goodwill N/A Financing costs N/A EARNINGS BEFORE TAX N/A (a) Including savings portion of premiums from unit- and index-linked life insurance 23

24 UNIQA International Life Financial Highlights Gross premiums written: Increased by 10.7% due to increase in Life single premium business (mainly in Italy; EUR 96.7m y-o-y) CEE premium development: slight increase of life regular premium by 3.6 %. Life Single reduction of around 9 %. Net insurance claims and benefits: strongly increased due to strong increase in Life single business in Italy Other operating expenses: reduction due to decrease of commissions caused by lower acquisition costs in Italy Commissions decrease; mainly due to decrease of commissions in Italy based on the different new business mix, (focus on no load products). Investment income: reduction vs. previous year mainly due to lower FX gains in Russia and Ukraine. Earnings before tax remained at level of previous year EURm 9M15 9M16 Δ yoy Gross premiums written(a) , % Reinsurers' share % Change due to premiums earned >100% Net Premiums Earned(a) , % Savings portion included in premiums % Premiums Earned % Net Insurance Claims and Benefits % Expenditure for claims % Change in actuarial reserves % Policyholder participation % Net Operating Expenses % Net Commissions % Acquisition related expenses % Other operating expenses % Allocated investment income % other technical result % INSURANCE TECHNICAL RESULT % Net Investment Income % Allocated investment income % other non-technical result N/A OPERATING RESULT % Amortisation of goodwill % Financing costs N/A EARNINGS BEFORE TAX % (a) Including savings portion of premiums from unit- and index-linked life insurance 24

25 UNIQA International country deep dive in EURm GWP (a) Non-life GWP (a) Health GWP (a) Life GWP (a) Total 9M16 % to PY 9M16 % to PY 9M16 % to PY 9M16 % to PY FX adjusted Switzerland % % % 10% Italy % % % % 12% Liechtenstein % % 29% Western Europe (WE) % % % % 12% Czech Republic % % % % 6% Hungary % 2.9-2% % % 1% Poland % % % % 12% Slovakia % % % % 6% Central Europe (CE) % 9.8-1% % % 7% Romania % 0.1 2% % % 31% Ukraine % 4.8-5% % % -5% Eastern Europe (EE) % 5.0-5% % % -19% Albania % 1.6-6% 3.2-8% % 4% Bosnia-Herzegovina % % % 12% Bulgaria % % % 3% Croatia % % % % -7% Montenegro 7.4-3% % % 9.2-3% -3% Macedonia 8.8 2% % 9.8 6% 6% Serbia % % % % -11% Kosovo % % % % -17% Southeastern E. (SEE) % % % % -2% Russia % % % 27% Russia (RU) % % % 27% UI Administration UNIQA International % % 1, % 1, % 9% (a) Including savings portion of premiums from unit- and index-linked life insurance 25

26 UNIQA International country deep dive in EURm Premiums earned (a) Net investment income Combined ratio P&C Cost ratio Earnings before taxes 9M16 9M15 9M16 9M15 9M16 9M15 9M16 9M15 9M16 9M15 Switzerland 8,3 7,7 0,1 0,2 34,0% 33,0% 1,3 0,6 Italy 855,0 755,2 69,7 67,1 99,4% 94,7% 7,2% 7,8% 17,0 13,9 Liechtenstein 1,8 0,1 0,1 1,2 93,3% -537,5% -8,1% -852,9% 0,0 2,0 Western Europe (WE) 865,2 763,0 69,9 68,5 99,2% 93,6% 7,4% 7,9% 18,4 16,5 Czech Republic 114,1 106,7 5,7 5,0 97,4% 97,3% 33,8% 31,2% 8,3 8,8 Hungary 96,0 99,5 2,9 3,2 89,1% 86,1% 30,5% 27,1% -0,7 1,6 Poland 127,1 131,3 11,0 12,0 109,4% 100,0% 33,3% 32,3% 6,6 11,8 Slovakia 62,6 59,1 3,0 2,9 97,2% 97,4% 36,6% 36,7% 4,9 5,1 Central Europe (CE) 399,8 396,7 22,6 23,1 100,9% 96,9% 33,3% 31,3% 19,1 27,3 Romania 46,0 39,1 1,9 2,5 88,3% 89,5% 31,7% 41,2% -2,8-1,4 Ukraine 27,7 31,5 6,3 9,7 101,5% 97,4% 66,5% 71,4% 6,2 8,8 Eastern Europe (EE) 73,8 70,6 8,2 12,3 92,3% 92,3% 44,8% 54,7% 3,3 7,4 Albania 20,6 18,8 0,6 0,5 62,1% 80,9% 41,7% 48,8% 3,9 3,3 Bosnia-Herzegovina 19,1 17,1 1,9 1,9 100,5% 102,4% 33,4% 33,8% 0,5 0,5 Bulgaria 33,1 31,1 1,1 0,9 115,6% 108,9% 29,1% 42,0% 0,5 0,2 Croatia 41,0 45,9 8,3 12,8 102,9% 101,2% 38,3% 33,6% 5,0 4,2 Montenegro 7,5 7,7 0,5 0,5 101,3% 112,8% 48,7% 49,1% -0,1-0,5 Macedonia 8,1 7,5 0,3 0,3 99,9% 98,5% 50,0% 52,5% 0,5 0,4 Serbia 30,9 31,0 3,7 2,3 85,8% 92,9% 37,4% 40,3% 1,1 0,7 Kosovo 8,2 10,7 0,0 0,0 102,3% 80,8% 49,7% 35,9% -0,8 0,4 Southeastern E. (SEE) 168,4 169,8 16,4 19,3 92,8% 96,0% 37,8% 39,7% 10,7 9,2 Russia 39,8 35,4-1,9 10,2 20,6% 21,6% 3,9 5,6 Russia (RU) (b) 39,8 35,4-1,9 10,2 na na 20,6% 21,6% 3,9 5,6 UI Administration 0,0 0,0-0,2 0,6-11,8-13,4 UNIQA International 1.547, ,5 114,9 134,0 99,2% 97,1% 20,3% 21,8% 43,5 52,5 (a) (b) Including savings portion of premiums from unit- and index-linked life insurance Goodwill impairment included 26

27 Reinsurance Financial Highlights Comprises the reinsurance activities of UNIQA Insurance Group AG in Vienna and the central reinsurance hub UNIQA Re in Zurich Net insurance claims and benefits decreased more than premiums earned leading to improved technical result Positive EBT contribution from reinsurance segment in 9M16 EURm 9M15 9M16 Δ yoy Gross premiums written(a) % Reinsurers' share % Change due to premiums earned >100% Net Premiums Earned(a) % Savings portion included in premiums N/A Premiums Earned % Net Insurance Claims and Benefits % Expenditure for claims % Change in actuarial reserves N/A Policyholder participation % Net Operating Expenses % Net Commissions % Acquisition related expenses N/A Other operating expenses % Allocated investment income N/A other technical result % INSURANCE TECHNICAL RESULT % Net Investment Income % Allocated investment income N/A other non-technical result % OPERATING RESULT N/A Am ortisation of goodwill N/A Financing costs N/A EARNINGS BEFORE TAX N/A (a) Including savings portion of premiums from unit- and index-linked life insurance 27

28 Group Functions Financial Highlights Comprises Expenses of UIG Headquarter and Group Consolidation Effects Net operating expenses increased driven by investments in 9M16 Financing costs increased as a result of the successful placement of tier 2 subordinated bonds in the amount of EUR 500m in July 2015 EURm 9M15 9M16 Δ yoy Gross premiums written(a) N/A Reinsurers' share N/A Change due to premiums earned N/A Net Premiums Earned(a) N/A Savings portion included in premiums N/A Premiums Earned N/A Net Insurance Claims and Benefits % Expenditure for claims % Change in actuarial reserves N/A Policyholder participation N/A Net Operating Expenses % Net Commissions N/A Acquisition related expenses % Other operating expenses % Allocated investment income N/A other technical result >100% INSURANCE TECHNICAL RESULT >100% Net Investment Income % Allocated investment income N/A other non-technical result % OPERATING RESULT % Am ortisation of goodwill N/A Financing costs % EARNINGS BEFORE TAX N/A (a) Including savings portion of premiums from unit- and index-linked life insurance 28

29 Consolidation Financial Highlights Consolidation of intercompany effects EURm 9M15 9M16 Δ yoy Gross premiums written(a) % Reinsurers' share % Change due to premiums earned % Net Premiums Earned(a) N/A Savings portion included in premiums % Premiums Earned N/A Net Insurance Claims and Benefits % Expenditure for claims N/A Change in actuarial reserves >100% Policyholder participation % Net Operating Expenses N/A Net Commissions >100% Acquisition related expenses N/A Other operating expenses % Allocated investment income % other technical result % INSURANCE TECHNICAL RESULT >100% Net Investment Income % Allocated investment income % other non-technical result N/A OPERATING RESULT % Am ortisation of goodwill N/A Financing costs % EARNINGS BEFORE TAX % (a) Including savings portion of premiums from unit- and index-linked life insurance 29

30 Group Balance Sheet Assets EURm Sep16 Dec15 Liabilities EURm Sep16 Dec15 A. Total equity 3, , % A. Tangible assets % B. Land and buildings held as financial investments 1, , % C. Intangible assets 1, , % I. Shareholder equity 3, , % B. Subordinated liabilities 1, , % D. Shares in associated companies % C. Technical provisions 21, , % E. Investments 22, , % F. Investments held on account and at risk of life insurance policyholders 5, , % G. Share of reinsurance in technical provisions % H. Share of reinsurance in technical provisions held on account and at risk of life insurance policyholders % I. Receivables, including receivables under insurance business % J. Receivables from income tax % K. Deferred tax assets % L. Liquid funds % M. Assets in disposal groups available for sale % Total assets 34, , % D. Technical provisions held on account and at risk of life insurance policyholders 5, , % E. Financial liabilities % F. Other provisions % G. Payables and other liabilities 1, , % H. Liabilities from income tax % I. Deferred tax liabilities % J. Liabilities in disposal groups available for sale % Total equity and liabilities 34, , % 30

31 Shareholders equity (excluding minority interest) EURm Dec 15 Valuation of financial instruments AFS Dividend payment Profit attributable to shareholders Other Sep 16 Shareholders equity increased ytd: Revaluation reserves increased mainly due to lower interest rates ytd Contribution from net profit 31

32 Group Income Statement EURm 3Q15 4Q15 1Q16 2Q16 3Q16 9M15 9M16 Δ yoy Gross premiums written(a) 1, , , , , , , % Reinsurers' share % Change due to premiums earned % Net Premiums Earned(a) 1, , , , , , , % Savings portion included in premiums % Premiums Earned 1, , , , , , , % Net Insurance Claims and Benefits , , , , , , % Expenditure for claims , , , , , % Change in actuarial reserves % Policyholder participation % Net Operating Expenses , % Net Commissions % Acquisition related expenses % Other operating expenses % Allocated investment income % other technical result % INSURANCE TECHNICAL RESULT % Net Investment Income % Allocated investment income % other non-technical result % OPERATING RESULT % Am ortisation of goodwill % Financing costs % EARNINGS BEFORE TAX % (a) Including savings portion of premiums from unit- and index-linked life insurance (a) Including savings portion of premiums from unit- and index-linked life insurance 32

33 Group P&C Financial Highlights Gross Premiums Written moderate growth driven by motor business in AT and CEE region Net insurance claims increased as a result of large losses in 3Q16 Net Operating Expenses increased by 2.5% compared to 9M15 due to increased acquisition related expenses and other operating expenses (including investments of EUR 9.6m); Net Investment Income increase is mainly result of disposal of the shares of NÖV insurance company (EUR 37m) Despite higher financing cost in 9M16, (result of EUR 500m bond issue) EBT increase is driven by higher net investment income and better technical result EURm 9M15 9M16 Δ yoy Gross premiums written(a) 2, , % Reinsurers' share % Change due to premiums earned % Net Premiums Earned(a) 1, , % Savings portion included in premiums N/A Premiums Earned 1, , % Net Insurance Claims and Benefits -1, , % Expenditure for claims -1, , % Change in actuarial reserves % Policyholder participation % Net Operating Expenses % Net Commissions % Acquisition related expenses % Other operating expenses % Allocated investment income N/A other technical result % INSURANCE TECHNICAL RESULT >100% Net Investment Income % Allocated investment income N/A other non-technical result % OPERATING RESULT % Am ortisation of goodwill % Financing costs % EARNINGS BEFORE TAX % 33

34 Group Health Financial Highlights Gross Premiums Written increased by 4.0% and are above plan UNIQA International: +4.7% UNIQA Austria: +3.9% Net insurance benefits increased 7.8% ytd Net operating expenses increased 14.4% as a result of increase of commissions, acquisition related expenses and other operating expenses (including investments of 8.4 EURm) Net investment income decreased due to increased volatility of financial markets (especially FX effects) and lower realized and unrealized profits and losses in 9M16 Earnings before tax decreased from EUR mostly due to lower net investment income and lower technical result reflected in higher costs and benefits EURm 9M15 9M16 Δ yoy Gross premiums written (a) % Reinsurers' share % Change due to premiums earned % Net Premiums Earned (a) % Savings portion included in premiums N/A Premiums Earned % Net Insurance Claims and Benefits % Expenditure for claims % Change in actuarial reserves % Policyholder participation >100% Net Operating Expenses % Net Commissions % Acquisition related expenses % Other operating expenses % Allocated investment income % other technical result N/A INSURANCE TECHNICAL RESULT % Net Investment Income % Allocated investment income % other non-technical result N/A OPERATING RESULT % Am ortisation of goodwill N/A Financing costs % EARNINGS BEFORE TAX % 34

35 Group Life Financial Highlights Gross Premium Written decreased +9.2% driven by reduction of single premium business in Austria Net Insurance Benefits decreased followed by decreased single premium business volume Net Operating Expenses below previous year s level; lower commissions and acquisition related expenses; other operating expenses increased (+13.7%) mainly driven by investments of EUR 11.6m Net investment income decreased 28.0% due to lack of harvesting and FX headwinds EBT significantly reduced yoy mainly due to decreased net investment income EURm 9M15 9M16 Δ yoy Gross premiums written(a) 2, , % Reinsurers' share % Change due to premiums earned % Net Premiums Earned(a) 2, , % Savings portion included in premiums % Premiums Earned 1, , % Net Insurance Claims and Benefits -1, , % Expenditure for claims -1, , % Change in actuarial reserves % Policyholder participation % Net Operating Expenses % Net Commissions % Acquisition related expenses % Other operating expenses % Allocated investment income % other technical result % INSURANCE TECHNICAL RESULT % Net Investment Income % Allocated investment income % other non-technical result N/A OPERATING RESULT % Am ortisation of goodwill % Financing costs N/A EARNINGS BEFORE TAX % (a) Including savings portion of premiums from unit- and index-linked life insurance 35

36 9M16 Highlights Group Strategy & Results Group Results Outlook Business Performance Operating Segments Appendix: Additional Information Asset Management Shareholder Information 36

37 Fixed income portfolio Overall composition Rating distribution Dec EURbn 3% 11% Governent Bonds EU Government Bonds Non-EU 18% 25% 32% 21% 20% 20% 20% 21% 14% 48% Financials 10% 7% 13% Covered Bonds 3% 3% 11% Other Corporates AAA AA A BBB <BBB Not rated Sep 16 Dec 15 By segment Sep EURbn 10% 2% Governent Bonds EU Government Bonds Non-EU 18% 15% 12% 49% Financials Covered Bonds Other 70% 12% P&C Health Life 11% Corporates 37

38 Fixed income portfolio Government and government related Overall composition 12.4 EURbn Rating distribution 26% 4% 4% 4% By segment 6% 6% 13% 13% 8% 9% 8% Austria Italy Europe Belgium France Poland Ireland Supranational Organisations Slovakia Rest of Europe Rest of World 42.4% 20.5% 20.8% 14% 10.5% 8% P&C 5.7% 78% Health Life AAA AA A BBB Non Investment grade 0.1% Not rated 38

39 Fixed income portfolio Corporates including financials Overall composition 4.8 EURbn Rating distribution 13% 1% 5% 6% 10% By segment 7% 10% 10% 20% 19% Austria United States of America Germany France United Kingdom Italy World Netherlands Rest of Europe Rest of World 32.9% 29.4% 17.0% 12.3% 20% 27% 6.4% 57% 66% 16% 14% P&C Health Life 2.0% AAA AA A BBB Non Investment grade Not rated 39

40 Fixed income portfolio Corporate thereof financials Overall composition 2.5 EURbn Rating distribution 4% 9% 5% Austria United States of America 33% Germany 33.5% 6% France 9% United Kingdom Netherlands 26.7% 9% By segment 7% 18% Italy Rest of Europe Rest of World 20.6% 13.8% 20% 12% P&C Health 3.3% 2.1% 68% Life AAA AA A BBB Non Investment grade Not rated 40

41 Fixed income portfolio Covered bonds Overall composition 3.4 EURbn Rating distribution 4% 5% 5% 8% By segment 13% 8% 5% France 18% Austria Germany United Kingdom Australia 15% Netherlands Spain Belgium 11% Italy 7% Rest of Europe Rest of World 69.6% 23.7% 18% 62% 20% P&C Health Life 1.1% 4.3% 0.0% AAA AA A BBB Non Investment grade 1.2% Not rated 41

42 FX rates Foreign currency 9M15 9M16 Dec14 Dec 15 Czech koruna CZK Swiss franc CHF Hungarian forint HUF Croatian kuna HRK Polish zloty PLN Romanian Leu RON Bosnia-Herzegovina convertible mark BAM Bulgarian lev BGN Ukrainia hryvnia UAH Serbian dinar RSD Albanian lek ALL Russian ruble RUB Macedonian denar MKD

43 9M16 Highlights Group Strategy & Results Group Results Outlook Appendix: Additional Information Business Performance Operating Segments Asset Management Shareholder Information 43

44 Shareholder structure Current shareholder structure Free float geographic distribution Shareholder structure after proposed transactions (1. RZB -> UNIQA PS, 2. RLBs -> RZB) UNIQA Versicherungsverein Privatstiftung 49.00% Raiffeisen Zentralbank 10.87% CollegialitätVersicherungsverein Privatstiftung 2.39% Free Float 37.74% 44

45 Shareholder information and contacts Dividend per share / Pay out ratio General information UNIQA Insurance Group AG Listed on the Vienna Stock Exchange since % 0% 41% 38% 45% 44% 309m common shares ISIN: AT Bloomberg: UQA AV Reuters: UNIQ.VI Vienna Stock Exchange: UQA 0.25 Contact details Investor Relations Michael Oplustil, Stefan Glinz, Tiana Majstorovic Untere Donaustrasse 21, 1029 Vienna Phone.: (+43) investor.relations@uniqa.at (a) Proposal to the Annual General Meeting 45

46 Disclaimer This Presentation is being provided for information purposes to selected recipients only and does not constitute or form part of, and should not be construed as an offer or invitation or recommendation to, purchase or sell or subscribe for, or any solicitation of any offer to purchase or subscribe for any securities in UNIQA Insurance Group AG, a stock Corporation organised under Austrian law (the "Company"), in any jurisdiction. Neither the Presentation, nor any part of it nor anything contained or referred to in it, nor the fact of its distribution, should form the basis of or be relied on, in connection with, or act as an inducement in relation to, a decision to purchase or subscribe for or enter into any contract or make any other commitment whatsoever in relation to any such securities. The information contained in this Presentation has been provided by the Company and has not been verified independently. Unless otherwise stated, the Company is the source of information. No reliance may be placed for any purpose whatsoever on the information or opinions contained in the Presentation or on its completeness, accuracy of fairness. No representation or warranty, express or implied, is made or given by or on behalf of the Company or any of its respective directors, officers, employees, agents or advisers as to the accuracy, completeness or fairness of the information or opinions contained in the Presentation and no responsibility or liability is accepted by any of them for any such information or opinions. In particular, no representation or warranty is given as to the achievement or reasonableness of, and no reliance should be placed on any projections, targets, estimates or forecasts contained in this Presentation and nothing in this Presentation is or should be relied on as a promise or representation as to the future. This Presentation contains forward-looking statements based on the currently held beliefs and assumptions of the management of the Company, which are expressed in good faith and, in their opinion, reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of the Company, or industry results, to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements. Given these risks, uncertainties and other factors, recipients of this document are cautioned not to place undue reliance on these forward-looking statements. All features in this Presentation are current at the time of publication but may be subject to change in the future. The Company disclaims any obligation to update or revise any statements, in particular forward-looking statements, to reflect future events or developments. Statements contained in this Presentation regarding past events or performance should not be taken as a guarantee of future events or performance. Prospective recipients should not treat the contents of this Presentation as advice relating to legal, taxation or investment matters, and are to make their own assessments concerning such matters and other consequences of a potential investment in the Company and its securities, including the merits of investing and related risks. In receiving any information relating to the Company (whether in written or oral form), including information in this Presentation, you will be deemed to have represented and agreed for the benefit of the Company (i) that you will only use such information for the purposes of discussions with the Company, (ii) to hold such information in strict confidence and not to disclose it (or any discussions with the Company) to any person, except as may be required by law, regulation or court order, (iii) not to reproduce or distribute (in whole or in part, directly or indirectly) any such information, (iv) that you are permitted, in accordance with all applicable laws, to receive such information, and (v) that you are solely responsible for your own assessment of the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the Company's business. 46

Combined ratio improved; Consolidated profit increased to EUR 243.3m

Combined ratio improved; Consolidated profit increased to EUR 243.3m UNIQA Insurance Group AG FY18 Preliminary Results Combined ratio improved; Consolidated profit increased to EUR 243.3m 21 February 2019 Andreas Brandstetter, CEO Kurt Svoboda, CFO/CRO, CEO UNIQA Austria

More information

Increased earnings before tax despite lower investment result driven by improved underwriting result

Increased earnings before tax despite lower investment result driven by improved underwriting result UNIQA Insurance Group AG 9M17 Results Increased earnings before tax despite lower investment result driven by improved underwriting result 16 November 2017 Andreas Brandstetter, CEO Kurt Svoboda, CFO/CRO

More information

UNIQA Insurance Group AG FY17 Preliminary Results. FY17 results right on target

UNIQA Insurance Group AG FY17 Preliminary Results. FY17 results right on target UNIQA Insurance Group AG FY17 Preliminary Results FY17 results right on target 28 February 2018 Andreas Brandstetter, CEO Kurt Svoboda, CFO/CRO, CEO UNIQA Austria FY17 Highlights Group Strategy & Results

More information

Record profit from ordinary activities due to improved Combined Ratio and strong contribution from Health business

Record profit from ordinary activities due to improved Combined Ratio and strong contribution from Health business UNIQA Insurance Group AG FY15 IFRS Preliminary Results Record profit from ordinary activities due to improved Combined Ratio and strong contribution from Health business 10 March 2016 Andreas Brandstetter,

More information

UNIQA Group FY 2011 IFRS Results. 27 April 2012 Andreas Brandstetter, CEO Hannes Bogner, CFO Kurt Svoboda, CRO

UNIQA Group FY 2011 IFRS Results. 27 April 2012 Andreas Brandstetter, CEO Hannes Bogner, CFO Kurt Svoboda, CRO UNIQA Group FY 2011 IFRS Results 27 April 2012 Andreas Brandstetter, CEO Hannes Bogner, CFO Kurt Svoboda, CRO Presenters and Agenda Today s presenters Agenda ^åçêé~ë=_ê~åçëíéííéê `bl 1. Introduction e~ååéë=_çöåéê

More information

Improved underwriting result mainly driven by continued reduction of operating expenses

Improved underwriting result mainly driven by continued reduction of operating expenses UNIQA Insurance Group AG 1H14 Improved underwriting result mainly driven by continued reduction of operating expenses 27 Aug 2014 Hannes Bogner, CFO Kurt Svoboda, CRO 1H14 Highlights Group Strategy & Results

More information

1st Quarter Report 2011 UNIQA Versicherungen AG

1st Quarter Report 2011 UNIQA Versicherungen AG 1st Quarter Report 2011 UNIQA Versicherungen AG Q1 UNIQA Group Austria 1st Quarter 2011 Group Key Figures Premiums written Recurring premiums 1,573 1,506 +4.5 Single premiums 227 242 6.2 Total 1,800 1,748

More information

1ST TO 3RD QUARTER REPORT 2012 / UNIQA GROUP. Hands on.

1ST TO 3RD QUARTER REPORT 2012 / UNIQA GROUP. Hands on. 1ST TO 3RD QUARTER REPORT 2012 / UNIQA GROUP Hands on. 2 GROUP KEY FIGURES Group Key Figures Figures in million 1 9/2012 1 9/2011 Change Premiums written 3,658.9 3,745.5 2.3 % Savings portion from unit-

More information

HALF-YEAR FINANCIAL REPORT 2017 / UNIQA GROUP. safer, better, longer living.

HALF-YEAR FINANCIAL REPORT 2017 / UNIQA GROUP. safer, better, longer living. HALF-YEAR FINANCIAL REPORT 2017 / UNIQA GROUP Think safer, better, longer living. 2 CONSOLIDATED KEY FIGURES Consolidated Key Figures In million 1 6/2017 1 6/2016 Change Premiums written 2,531.8 2,447.2

More information

HALF-YEAR FINANCIAL REPORT 2014 / UNIQA GROUP. Deliver.

HALF-YEAR FINANCIAL REPORT 2014 / UNIQA GROUP. Deliver. HALF-YEAR FINANCIAL REPORT 2014 / UNIQA GROUP Deliver. 2 GROUP KEY FIGURES Group Key Figures Figures in million 1 6/2014 1 6/2013 Change Premiums written 2,856.2 2,725.2 + 4.8 % Savings portion from unit-

More information

1st Half-Year Financial Report 2008 UNIQA Versicherungen AG

1st Half-Year Financial Report 2008 UNIQA Versicherungen AG 1st Half-Year Financial Report 2008 UNIQA Versicherungen AG Q2 Group Key Figures UNIQA Group Austria 1st Half of 2008 Group Key Figures Change % Total premiums written 3,003 2,719 +10.4 of which recurring

More information

Vienna Insurance Group 3M 2017 Results Presentation

Vienna Insurance Group 3M 2017 Results Presentation Vienna Insurance Group 3M 2017 Results Presentation Vienna, 23 May 2017 3M 2017 Results conference call Presenting team and topics Presenting team: Martin Simhandl, CFO Roland Gröll, Member of the Managing

More information

3M 2014 Results Presentation

3M 2014 Results Presentation 3M 2014 Results Presentation Conference call for the results of the first quarter 2014 Vienna, 27 May 2014 Presenting team and topics Presenting team Martin Simhandl, CFO Peter Höfinger, Member of the

More information

Vienna Insurance Group Focused on Growth in CEE and Austria. CA-IB Emerging Europe Conference, 19/20 March, 2007

Vienna Insurance Group Focused on Growth in CEE and Austria. CA-IB Emerging Europe Conference, 19/20 March, 2007 Vienna Insurance Group Focused on Growth in CEE and Austria CA-IB Emerging Europe Conference, 19/20 March, 2007 Vienna Insurance Group Focused on Growth in CEE and Austria 2 Leading Austrian insurance

More information

9M 2018 RESULTS PRESENTATION. Vienna, 28 November 2018

9M 2018 RESULTS PRESENTATION. Vienna, 28 November 2018 9M 2018 RESULTS PRESENTATION Vienna, 28 November 2018 9M 2018 RESULTS CONFERENCE CALL Presenting team and topics Attending Members of the Board Topics Liane Hirner, CFO Judit Havasi Peter Höfinger Financials

More information

UNIQA Group Austria Breaking New Ground in CEE

UNIQA Group Austria Breaking New Ground in CEE UNIQA Group Austria Breaking New Ground in CEE Konstantin Klien, CEO Hannes Bogner, CFO RCB Investor Conference Zürs April 2, 2006 Shareholder Structure UNIQA Versicherungen AG Raiffeisen Banking Group

More information

Raiffeisen Bank International Q1/2016 Results

Raiffeisen Bank International Q1/2016 Results Raiffeisen Bank International Q1/2016 Results Disclaimer Certain statements contained herein may be statements of future expectations and other forward-looking statements, which are based on management's

More information

UNIQA Group Austria Highlights First Half Year 2006

UNIQA Group Austria Highlights First Half Year 2006 UNIQA Group Austria Highlights First Half Year 2006 Hannes Bogner, CFO Investor conference Erste Bank Stegersbach September 29, 2006 2 Shareholder Structure UNIQA Versicherungen AG Raiffeisen Banking Group

More information

FIRST QUARTER REPORT 2018 / UNIQA GROUP. Spot on.

FIRST QUARTER REPORT 2018 / UNIQA GROUP. Spot on. FIRST QUARTER REPORT 2018 / UNIQA GROUP Spot on. 2 Consolidated Key Figures 1 3/2018 1 3/2017 Change Premiums written 1,460.4 1,385.8 + 5.4 % Savings portions from unit-linked and index-linked life insurance

More information

Vienna Insurance Group Investor Presentation

Vienna Insurance Group Investor Presentation Vienna Insurance Group Investor Presentation Zürs, 29 March 2017 Agenda 2020 12M 2016 Preliminary results Please note: All information for the financial year 2016 is based on preliminary unaudited data.

More information

VIENNA INSURANCE GROUP

VIENNA INSURANCE GROUP Investor Presentation Results for the first quarter 2018 THE LEADING INSURANCE GROUP IN AUSTRIA & CEE Close to 200 years of experience Around 50 Group companies Represented in 25 markets More than 50%

More information

Vienna Insurance Group Focused on Growth in CEE and Austria. Kitzbühel Conference January 25, 2007

Vienna Insurance Group Focused on Growth in CEE and Austria. Kitzbühel Conference January 25, 2007 Vienna Insurance Group Focused on Growth in CEE and Austria Kitzbühel Conference January 25, 2007 Vienna Insurance Group Focused on Growth in CEE and Austria 2 Leading Austrian insurance group operating

More information

VIENNA INSURANCE GROUP

VIENNA INSURANCE GROUP Investor Presentation Full-year results 2017 THE LEADING INSURANCE GROUP IN AUSTRIA & CEE Close to 200 years of experience Around 50 Group companies Represented in 25 markets More than 55% of premiums

More information

FIRST TO THIRD QUARTER REPORT 2018 / UNIQA GROUP. Spot on.

FIRST TO THIRD QUARTER REPORT 2018 / UNIQA GROUP. Spot on. FIRST TO THIRD QUARTER REPORT 2018 / UNIQA GROUP Spot on. 2 Consolidated Key Figures 1 9/2018 1 9/2017 Change Premiums written 3,810.0 3,671.3 + 3.8 % Savings portions from unit-linked and index-linked

More information

Vienna Insurance Group Investor Presentation

Vienna Insurance Group Investor Presentation Vienna Insurance Group Investor Presentation Institutional Investor Conference Zurs, 12 April 2016 New CEO Elisabeth Stadler with expanded management team Elisabeth Stadler, CEO Judit Havasi Roland Gröll

More information

3M 2018 RESULTS PRESENTATION. Vienna, 23 May 2018

3M 2018 RESULTS PRESENTATION. Vienna, 23 May 2018 3M 2018 RESULTS PRESENTATION Vienna, 23 May 2018 3M 2018 RESULTS CONFERENCE CALL Presenting team and topics Presenting team Topics Liane Hirner, incoming CFO Judit Havasi, Member of the Board Peter Höfinger,

More information

wiiw Annual Database detailed description

wiiw Annual Database detailed description Description wiiw Annual Database 1 wiiw Annual Database detailed description Last update of this description: March 2019 As a backbone for its core research, wiiw maintains and regularly updates its wiiw

More information

Press talk. Development Vienna Insurance Group FY Wien, 29. März 2012

Press talk. Development Vienna Insurance Group FY Wien, 29. März 2012 1 Press talk Development Vienna Insurance Group FY 2011 Wien, 29. März 2012 Development FY2011 Excellent development in difficult economic environment Best result in company history 8.9 bn. Euro premium

More information

50 COMPANIES + 25 COUNTRIES = NUMBER 1

50 COMPANIES + 25 COUNTRIES = NUMBER 1 50 COMPANIES + 25 COUNTRIES = NUMBER 1 Interim report 1 st quarter 2017 Vienna Insurance Group Letter from the Chairwoman of the Managing Board Dear Shareholders, Ladies and Gentlemen! As shown by the

More information

Raiffeisen Bank International Q3/2016 Results

Raiffeisen Bank International Q3/2016 Results Raiffeisen Bank International Q3/2016 Results Disclaimer Certain statements contained herein may be statements of future expectations and other forward-looking statements, which are based on management's

More information

HALF-YEAR FINANCIAL REPORT 2018 / UNIQA GROUP. Spot on.

HALF-YEAR FINANCIAL REPORT 2018 / UNIQA GROUP. Spot on. HALF-YEAR FINANCIAL REPORT 2018 / UNIQA GROUP Spot on. 2 Consolidated Key Figures 1 6/2018 1 6/2017 Change Premiums written 2,640.4 2,531.8 + 4.3 % Savings portions from unit-linked and index-linked life

More information

3. Where do we want to be better in our core business? a.) UNIQA Austria Increase profitability. b.) Raiffeisen Insurance. Increase productivity.

3. Where do we want to be better in our core business? a.) UNIQA Austria Increase profitability. b.) Raiffeisen Insurance. Increase productivity. Group Press briefing on annual results FY 2012 April 11, 2013 Andreas Brandstetter, CEO Hannes Bogner, CFO Our long-term growth strategy 2.0 Presented in May 2011 Doubling the number of customers from

More information

CONFERENCE CALL FOR THE FIRST QUARTER REPORT 2009 HERBERT STEPIC CEO MARTIN GRÜLL CFO

CONFERENCE CALL FOR THE FIRST QUARTER REPORT 2009 HERBERT STEPIC CEO MARTIN GRÜLL CFO CONFERENCE CALL FOR THE FIRST QUARTER REPORT 2009 HERBERT STEPIC CEO MARTIN GRÜLL CFO 14 May 2009 Main Developments Managing the Crisis Outlook Financials Risk Management Appendix Main Developments HERBERT

More information

UNIQA Group Austria Highlights First Nine Months 2006

UNIQA Group Austria Highlights First Nine Months 2006 UNIQA Group Austria Highlights First Nine Months 2006 Hannes Bogner, CFO Roadshow Geneva, Frankfurt December 5 & 6, 2006 p. 2 Shareholder Structure UNIQA Versicherungen AG Raiffeisen Banking Group 38,91%

More information

12 April 2018 Kurt Svoboda, CFRO. UNIQA Insurance Group AG Economic Capital and Embedded Value 2017

12 April 2018 Kurt Svoboda, CFRO. UNIQA Insurance Group AG Economic Capital and Embedded Value 2017 12 April 2018 Kurt Svoboda, CFRO UNIQA Insurance Group AG Economic Capital and Embedded Value 2017 Executive Summary Economic Capital position remains extraordinary strong Economic Capital Ratio (ECR-ratio)

More information

> Erste Bank - A Financial Franchise in Central Europe

> Erste Bank - A Financial Franchise in Central Europe > Erste Bank - A Financial Franchise in Central Europe > > > Andreas Treichl, CEO > Presentation topics 1. Erste Bank Where we are now 2. Why did we move eastwards? 3. Outlook and targets 4. Appendix 2

More information

21 April 2017 Kurt Svoboda, CFRO. UNIQA Insurance Group AG Economic Capital and Embedded Value 2016

21 April 2017 Kurt Svoboda, CFRO. UNIQA Insurance Group AG Economic Capital and Embedded Value 2016 21 April 2017 Kurt Svoboda, CFRO UNIQA Insurance Group AG Economic Capital and Embedded Value 2016 Executive Summary Overall positive development for the Group s economic position based on strong operating

More information

SCALE OF CONTRIBUTIONS

SCALE OF CONTRIBUTIONS CERN/FC/6127 CERN/3312 Original: English 24 May 2017 SCALE OF CONTRIBUTIONS 2018 Budget Action to be taken Voting Procedure For recommendation to Council FINANCE COMMITTEE 360 th Meeting 13-14 June 2017

More information

> Erste Bank - Strategy and execution

> Erste Bank - Strategy and execution > Erste Bank - Strategy and execution > Morgan Stanley - Pan European Banks Conference London, 21 24 March 2006 > Andreas Treichl, CEO > Presentation topics 1. Consistent strategy 2. Strong execution track

More information

Raiffeisen Bank International Investor Presentation

Raiffeisen Bank International Investor Presentation Raiffeisen Bank International Investor Presentation Disclaimer Certain statements contained herein may be statements of future expectations and other forward-looking statements about Raiffeisen Bank International

More information

Erste Group Bank AG H results presentation 30 July 2010, Vienna

Erste Group Bank AG H results presentation 30 July 2010, Vienna Erste Group Bank AG H1 2010 results presentation, Vienna Andreas Treichl, Chief Executive Officer Manfred Wimmer, Chief Financial Officer Bernhard Spalt, Chief Risk Officer Erste Group business snapshot

More information

2017 PRELIMINARY RESULTS PRESENTATION. Vienna, 22 March 2018

2017 PRELIMINARY RESULTS PRESENTATION. Vienna, 22 March 2018 2017 PRELIMINARY RESULTS PRESENTATION Vienna, 22 March 2018 2017 PRELIMINARY RESULTS CONFERENCE CALL Presenting team and topics Presenting team Topics Elisabeth Stadler, CEO Martin Simhandl, CFO Werner

More information

The Vienna Insurance Group in the 1st quarter of 2007:

The Vienna Insurance Group in the 1st quarter of 2007: 14 May 2007 Please note: this is a translation; only the German version of this release is legally binding. The Vienna Insurance Group in the 1st quarter of 2007: Profit (before taxes) boosted by 38 percent

More information

Interim report 1 st quarter 2018 Vienna Insurance Group WE AIM FOR SUSTAINABLE GROWTH. Protecting what matters.

Interim report 1 st quarter 2018 Vienna Insurance Group WE AIM FOR SUSTAINABLE GROWTH. Protecting what matters. Interim report 1 st quarter 2018 Vienna Insurance Group WE AIM FOR SUSTAINABLE GROWTH Protecting what matters. Letter from the Chairwoman of the Managing Board Dear Shareholders, Ladies and Gentlemen!

More information

Please note: this is a translation; only the German version of this news release is legally binding.

Please note: this is a translation; only the German version of this news release is legally binding. May 22, 2006 Please note: this is a translation; only the German version of this news release is legally binding. Vienna Insurance Group (Wiener Städtische Group) during the first three months of 2006

More information

Vienna Insurance Group in the first half-year of 2010: Group premiums increased by approx. 8 percent to EUR 4.6 billion

Vienna Insurance Group in the first half-year of 2010: Group premiums increased by approx. 8 percent to EUR 4.6 billion 19 August 2010 Vienna Insurance Group in the first half-year of 2010: Group premiums increased by approx. 8 percent to EUR 4.6 billion Despite significant storm damages, profit (before taxes) rose by 11

More information

UNIQA Insurance Group AG

UNIQA Insurance Group AG UNIQA Insurance Group AG Investor Presentation Michael Oplustil, Head of Investor Relations Madrid, 03.10.2018. Key Financial Indicators Earnings per share (EUR) Regulatory and Economic Capital Position

More information

The Vienna Insurance Group in the 1st half of 2007:

The Vienna Insurance Group in the 1st half of 2007: 21 August 2007 Please note: this is a translation; only the German version of this release is legally binding. The Vienna Insurance Group in the 1st half of 2007: Clear expansion of market positions in

More information

PRESS CONFERENCE. Development of Vienna Insurance Group in 1 st -3 rd Quarter Vienna, 27 November 2012

PRESS CONFERENCE. Development of Vienna Insurance Group in 1 st -3 rd Quarter Vienna, 27 November 2012 PRESS CONFERENCE Development of Vienna Insurance Group in 1 st -3 rd Quarter 2012 Vienna, 27 November 2012 Market shares: VIG coremarket 1-6 2012 VIG strenghtens its market position in its core markets

More information

Press Conference. VIENNA INSURANCE GROUP 2016 Preliminary Results. Based on preliminary unaudited data. Vienna, 23 March 2017

Press Conference. VIENNA INSURANCE GROUP 2016 Preliminary Results. Based on preliminary unaudited data. Vienna, 23 March 2017 Press Conference VIENNA INSURANCE GROUP 2016 Preliminary Results Based on preliminary unaudited data Vienna, 23 March 2017 Vienna Insurance Group A reliable partner in times of dynamic change HIGHLIGHTS

More information

Morgan Stanley Annual European Financials Conference

Morgan Stanley Annual European Financials Conference Morgan Stanley Annual European Financials Conference March 2015, London Erste Group Transforming business models: digital, regulation and macro challenges Gernot Mittendorfer, CFO Erste Group Disclaimer

More information

Vienna Insurance Group Investor Presentation

Vienna Insurance Group Investor Presentation Vienna Insurance Group Investor Presentation Results for the first three quarters 2017 Vienna Insurance Group Present Close to Operates about A+ with stable outlook in 25 countries 200 years of experience

More information

RAIFFEISEN ZENTRALBANK ANNUAL FINANCIAL REPORT 2014

RAIFFEISEN ZENTRALBANK ANNUAL FINANCIAL REPORT 2014 RAIFFEISEN ZENTRALBANK ANNUAL FINANCIAL REPORT 2014 2 Overview Overview RZB Group Monetary values in million 2014 Change 2013 2012 2011 2010 Income statement Net interest income 4,024 2.4% 3,931 3,531

More information

> Erste Bank Integrating new markets

> Erste Bank Integrating new markets > Erste Bank Integrating new markets > > Teleconference Vienna, > Andreas Treichl, CEO Reinhard Ortner, CFO > Disclaimer Cautionary note regarding forward-looking statements THE INFORMATION CONTAINED IN

More information

VIENNA INSURANCE GROUP

VIENNA INSURANCE GROUP German Corporate Conference Frankfurt, 23 January 2019 THE LEADING INSURANCE GROUP IN AUSTRIA & CEE Close to 200 years of experience Around 50 Group companies Represented in 25 markets More than 50% of

More information

Investor presentation Europe roadshow September 2012

Investor presentation Europe roadshow September 2012 Europe roadshow Manfred Wimmer Chief Financial Officer and Chief Performance Officer Thomas Sommerauer Head of Group Investor Relations Christian Reiss Head of Debt Capital Markets Disclaimer Cautionary

More information

UniCredit International Investors Conference January 2008, Kitzbühel

UniCredit International Investors Conference January 2008, Kitzbühel UniCredit International Investors Conference 20-22 January 2008, Kitzbühel Operating in a challenging environment Gabriele Werzer, Head of IR, Erste Group Disclaimer Cautionary note regarding forward-looking

More information

REPORT ON THE ANALYSIS OF FOREIGN INSURANCE BUSINESS OF AUSTRIAN INSURANCE GROUPS. Division II/4 Team Supervision of Insurance Groups

REPORT ON THE ANALYSIS OF FOREIGN INSURANCE BUSINESS OF AUSTRIAN INSURANCE GROUPS. Division II/4 Team Supervision of Insurance Groups REPORT ON THE ANALYSIS OF FOREIGN INSURANCE BUSINESS OF AUSTRIAN INSURANCE GROUPS Division II/4 Team Supervision of Insurance Groups 24.01.2018 CONTENT Management Summary... 3 1. Analysis of Foreign Insurance

More information

Macroeconomic overview SEE and Macedonia

Macroeconomic overview SEE and Macedonia Macroeconomic overview SEE and Macedonia Zoltan Arokszallasi Chief Analyst, Macro & FX/FI Research Erste Group Bank Erste Investors Breakfast, 29 September, Skopje 02. Oktober SEE shows mixed performance

More information

Vienna Insurance Group (Wiener Städtische Group) Preliminary IFRS Figures for :

Vienna Insurance Group (Wiener Städtische Group) Preliminary IFRS Figures for : 4 April 2006 Please note: this is a translation; only the German version of this news release is legally binding. The Embedded Value will be published on 4 May 2006 according to the financial calender.

More information

TWO THOUCEEND AND FIFTEEN

TWO THOUCEEND AND FIFTEEN TWO THOUCEEND AND FIFTEEN ANNUAL FINANCIAL REPORT 2015 VIENNA INSURANCE GROUP pursuant to 82 sec. 4 of the Austrian Stock Exchange Act Table of contents GROUP MANAGEMENT REPORT 003 Group management report

More information

Spain France. England Netherlands. Wales Ukraine. Republic of Ireland Czech Republic. Romania Albania. Serbia Israel. FYR Macedonia Latvia

Spain France. England Netherlands. Wales Ukraine. Republic of Ireland Czech Republic. Romania Albania. Serbia Israel. FYR Macedonia Latvia Germany Belgium Portugal Spain France Switzerland Italy England Netherlands Iceland Poland Croatia Slovakia Russia Austria Wales Ukraine Sweden Bosnia-Herzegovina Republic of Ireland Czech Republic Turkey

More information

SEMI-ANNUAL FINANCIAL REPORT 2015

SEMI-ANNUAL FINANCIAL REPORT 2015 SEMI-ANNUAL FINANCIAL REPORT 2015 2 Overview Overview RZB Group Monetary values in million 2015 Change 2014 Income statement 1/1-30/6 1/1-30/6 Net interest income 1,827 (12.9)% 2,097 Net provisioning for

More information

Erste Group Bank AG Annual results 2012

Erste Group Bank AG Annual results 2012 Erste Group Bank AG Annual results 2012 Andreas Treichl, Chief Executive Officer Manfred Wimmer, Chief Financial Officer Gernot Mittendorfer, Chief Risk Officer Presentation topics Erste Group s development

More information

Austrian Climate Change Workshop March 2017

Austrian Climate Change Workshop March 2017 Kommunalkredit Austrian Climate Change Workshop March 2017 Agenda 1. Investors Perspective 2. Portfolio 3. Funding & Rating 2 Two Sides of the Bank Being investor and being issuer Simplified Model of a

More information

Net profit raises to EUR 496.3m driven by strong operating profit and lower risk costs

Net profit raises to EUR 496.3m driven by strong operating profit and lower risk costs Erste Group Bank AG H1 2011 results presentation, Vienna Net profit raises to EUR 496.3m driven by strong operating profit and lower risk costs Andreas Treichl, Chief Executive Officer Franz Hochstrasser,

More information

List of Prices and Services

List of Prices and Services 1. Basic price Account management including bankomo credit card Until 31.12.17: EUR 4.90 (monthly) From 1.1.18: EUR 8.90 (monthly) 2. Account transactions 2.1 SEPA Credit Transfer in accordance with fair

More information

Private Equity Business outlook in the time of change in the CEE Region

Private Equity Business outlook in the time of change in the CEE Region Private Equity Business outlook in the time of change in the CEE Region Prepared for Private Equity Forum & Awards Gala 2 Macroeconomic overview Poland and the CEE Region 3 Region of Central and Eastern

More information

Raiffeisen Bank International FY 2015 Results

Raiffeisen Bank International FY 2015 Results Raiffeisen Bank International FY 2015 Results Disclaimer Certain statements contained herein may be statements of future expectations and other forward-looking statements, which are based on management's

More information

Vienna Insurance Group reports stable development in the first half of 2009: Group premiums significantly above EUR 4 billion

Vienna Insurance Group reports stable development in the first half of 2009: Group premiums significantly above EUR 4 billion 20 August 2009 Vienna Insurance Group reports stable development in the first half of 2009: Group premiums significantly above EUR 4 billion Profit (before taxes) of about EUR 230 million Double-digit

More information

Nomura Austrian Conference Tokyo, 31 January Erste Group Strong operating income and strict cost control

Nomura Austrian Conference Tokyo, 31 January Erste Group Strong operating income and strict cost control Nomura Austrian Conference, 31 January 211 Erste Group Strong operating income and strict cost control Thomas Sommerauer, Head of Group Investor Relations Disclaimer Cautionary note regarding forward-looking

More information

Erste Group results presentation 29 October 2010, London

Erste Group results presentation 29 October 2010, London Erste Group 1-9 21 results presentation, Strong operating income and strict cost control Andreas Treichl, Chief Executive Officer Manfred Wimmer, Chief Financial Officer Bernhard Spalt, Chief Risk Officer

More information

6M 2018 RESULTS PRESENTATION. Vienna, 28 August 2018

6M 2018 RESULTS PRESENTATION. Vienna, 28 August 2018 6M 2018 RESULTS PRESENTATION Vienna, 28 August 2018 6M 2018 RESULTS CONFERENCE CALL Presenting team and topics Attending Members of the Board Topics Elisabeth Stadler, CEO Liane Hirner, CFO Judit Havasi

More information

Vienna Insurance Group 6M 2017 Results Presentation

Vienna Insurance Group 6M 2017 Results Presentation Vienna Insurance Group 6M 2017 Results Presentation Vienna, 22 August 2017 6M 2017 Results conference call Presenting team and topics Presenting team: Elisabeth Stadler, CEO Martin Simhandl, CFO Judit

More information

Central and Eastern Europe á la carte

Central and Eastern Europe á la carte Semi-Annual Report 2007 Central and Eastern Europe á la carte In our 2006 annual report, we invited you to discover cuisines of Raiffeisen Bank s home markets. The cover page of this semi-annual report

More information

Performance of Private Equity Funds in Central and Eastern Europe and the CIS Data to 31 December 2008

Performance of Private Equity Funds in Central and Eastern Europe and the CIS Data to 31 December 2008 Performance of Private Equity Funds in Central and Eastern Europe and the CIS Data to 31 December 2008 1 EBRD in Private Equity EBRD s portfolio of funds: over 15 years of investing in the asset class

More information

> Central and Eastern Europe A journey through Erste Bank s home market

> Central and Eastern Europe A journey through Erste Bank s home market > Central and Eastern Europe > 4 th Capital Markets Day > Bucharest, > Reinhard Ortner, CFO, Erste Bank > Disclaimer Cautionary note regarding forward-looking statements THE INFORMATION CONTAINED IN THIS

More information

10 April 2019 Kurt Svoboda, CFRO. UNIQA Insurance Group AG Economic Capital and Embedded Value 2018

10 April 2019 Kurt Svoboda, CFRO. UNIQA Insurance Group AG Economic Capital and Embedded Value 2018 10 April 2019 Kurt Svoboda, CFRO UNIQA Insurance Group AG Economic Capital and Embedded Value 2018 Executive summary Economic Capital Embedded Value Economic Capital Ratio 205% Unrestricted Tier 1 Capital

More information

Investments. Maximilian Zimmerer Member of the Board of Management Allianz SE. Analyst conference call February 19, 2016

Investments. Maximilian Zimmerer Member of the Board of Management Allianz SE. Analyst conference call February 19, 2016 Investments Maximilian Zimmerer Member of the Board of Management Allianz SE Analyst conference call February 19, 2016 C Investments 1 Allianz Investment Management 2015 2 Portfolio information High quality

More information

PRESS CONFERENCE Development of Vienna Insurance Group in the first half year 2012

PRESS CONFERENCE Development of Vienna Insurance Group in the first half year 2012 PRESS CONFERENCE Development of Vienna Insurance Group in the first half year 2012 Vienna, 22 August 2012 Development 2001-2011 Double-digit growth in premium AND profit in the last 10 years Premium development

More information

RAIFFEISEN ZENTRALBANK ANNUAL REPORT 2012

RAIFFEISEN ZENTRALBANK ANNUAL REPORT 2012 RAIFFEISEN ZENTRALBANK ANNUAL REPORT 2012 EXTRACT: RAIFFEISEN ZENTRALBANK GROUP MANAGEMENT REPORT CONSOLIDATED FINANCIAL STATEMENTS AUDITOR S REPORT 2 Overview Overview RZB Group Monetary values in million

More information

CONTENT. 01 Highlights. 02 Portfolio Performance. 03 Optimisation of Financing Structure. 04 FY 2017 Results. 05 Outlook FY

CONTENT. 01 Highlights. 02 Portfolio Performance. 03 Optimisation of Financing Structure. 04 FY 2017 Results. 05 Outlook FY CONTENT 01 Highlights 02 Portfolio Performance 03 Optimisation of Financing Structure 04 FY 2017 Results 05 Outlook FY 2017 2 IMMOFINANZ RESTRUCTURING 5/2015 12/2017 Sale of logistics asset class - focus

More information

Vienna Insurance Group (Wiener Städtische Group) during the first nine months 2006 (IFRS figures):

Vienna Insurance Group (Wiener Städtische Group) during the first nine months 2006 (IFRS figures): 22 November 2006 Please note: this is a translation; only the German version of this news release is legally binding. Vienna Insurance Group (Wiener Städtische Group) during the first nine months 2006

More information

Performance of EBRD Private Equity Funds Portfolio Data to 31 st December EBRD 2011, all rights reserved

Performance of EBRD Private Equity Funds Portfolio Data to 31 st December EBRD 2011, all rights reserved Performance of EBRD Private Equity Funds Portfolio Data to 31 st December 2010 0 Portfolio Overview 1 EBRD in Private Equity EBRD s portfolio of funds: over 15 years of investing in the asset class 133

More information

Annex of Tables. Cutoff date for data: November 18, 2011

Annex of Tables. Cutoff date for data: November 18, 2011 Anne of Tables International Environment Echange Rates Key Interest Rates Short-Term Interest Rates Long-Term Interest Rates Corporate Bond Spreads Stock Indices Gross Domestic Product Current Account

More information

Performance of Private Equity Funds in Central and Eastern Europe and the CIS

Performance of Private Equity Funds in Central and Eastern Europe and the CIS Performance of Private Equity Funds in Central and Eastern Europe and the CIS Data to 31 December 26 1 EBRD in Private Equity EBRD s portfolio of funds: 15 years of investing in the asset class Investment

More information

Group premiums increased by 7.1 percent to EUR 6.5 billion. Profit (before taxes) rose by 10.9 percent to EUR million

Group premiums increased by 7.1 percent to EUR 6.5 billion. Profit (before taxes) rose by 10.9 percent to EUR million 9 November 2010 Vienna Insurance Group in the 1 st to 3 rd quarter of 2010 Group premiums increased by 7.1 percent to EUR 6.5 billion Profit (before taxes) rose by 10.9 percent to EUR 377.7 million Continuing

More information

Erste Group results presentation 30 October 2008 ERSTE GROUP

Erste Group results presentation 30 October 2008 ERSTE GROUP Erste Group 1-9 08 results presentation 30 October 2008 1-9 08 financial highlights Operating profit 1 continued to show healthy growth - up 23.2% in 1-9 08 Based on a solid performance of the regional

More information

Allianz Group Financial information as of 31 March 2018

Allianz Group Financial information as of 31 March 2018 Allianz Group Financial information as of 31 March 2018 Reporting by business segments and quarters (starting from 1Q 2017) Consolidated Balance Sheets Asset allocation Allianz Group overview Property-Casualty

More information

ERSTE GROUP. Morgan Stanley European Banks & Financials Conference London, 2 April Increasing the focus. Andreas Treichl, CEO, Erste Group

ERSTE GROUP. Morgan Stanley European Banks & Financials Conference London, 2 April Increasing the focus. Andreas Treichl, CEO, Erste Group Morgan Stanley European Banks & Financials Conference London, Andreas Treichl, CEO, Erste Group Disclaimer Cautionary note regarding forward-looking statements THE INFORMATION CONTAINED IN THIS DOCUMENT

More information

> Erste Bank. a record start with the promise of more to come. > Q Results. > Teleconference Prague, 10 May 2004

> Erste Bank. a record start with the promise of more to come. > Q Results. > Teleconference Prague, 10 May 2004 > Erste Bank a record start with the promise of more to come > > Teleconference Prague, > Table of Contents Hosts Presentation Appendix Andreas Treichl, CEO Reinhard Ortner, CFO Gabriele Werzer, IRO Thomas

More information

EIOPA Statistics - Accompanying note

EIOPA Statistics - Accompanying note EIOPA Statistics - Accompanying note Publication references: Published statistics: [Balance sheet], [Premiums, claims and expenses], [Own funds and SCR] Disclaimer: Data is drawn from the published statistics

More information

Vienna Insurance Group Investor Presentation

Vienna Insurance Group Investor Presentation Vienna Insurance Group Investor Presentation August 2016 Development 6M 2016 Successful strategy Long-term potential Segments Appendix Overview of the 6M 2016 results Business development in line with

More information

Solvency and Financial Condition Report 2016 UNIQA Group / UNIQA Insurance Group AG / UNIQA Österreich Versicherungen AG

Solvency and Financial Condition Report 2016 UNIQA Group / UNIQA Insurance Group AG / UNIQA Österreich Versicherungen AG Solvency and Financial Condition Report 2016 UNIQA Group / UNIQA Insurance Group AG / UNIQA Österreich Versicherungen AG right Think with the right on target equipment! Think Solvency and Financial Condition

More information

> Erste Bank. a record start with the promise of more to come. > Post Q Results Roadshow. > May 2004

> Erste Bank. a record start with the promise of more to come. > Post Q Results Roadshow. > May 2004 > Erste Bank a record start with the promise of more to come > > > Table of contents Hosts Presentation Appendix Andreas Treichl, CEO Reinhard Ortner, CFO Gabriele Werzer, IRO Thomas Schmee, IR 03 Capturing

More information

Erste Group posts net profit of EUR million in the first nine months of 2013; risk costs decline

Erste Group posts net profit of EUR million in the first nine months of 2013; risk costs decline INVESTOR INFORMATION Erste Group posts net profit of EUR 430.3 million in the first nine months of 2013; risk costs decline HIGHLIGHTS Vienna, 30 October 2013 Net interest income decreased to EUR 3,651.6

More information

International Financial Market Indicators Short-Term Interest Rates Long-Term Interest Rates Stock Indices Corporate Bond Spreads

International Financial Market Indicators Short-Term Interest Rates Long-Term Interest Rates Stock Indices Corporate Bond Spreads International Financial Market Indicators Short-Term Interest Rates Long-Term Interest Rates Stock Indices Corporate Bond Spreads Table A A A3 A4 Financial Indicators of the Austrian Corporate and Household

More information

SEMI-ANNUAL FINANCIAL REPORT 2014

SEMI-ANNUAL FINANCIAL REPORT 2014 SEMI-ANNUAL FINANCIAL REPORT 2014 2 Content Overview RZB Group Monetary values in million 2014 Change 2013 Income statement 1/1-30/6 1/1-30/6 Net interest income 2,097 8.1% 1,939 Net provisioning for impairment

More information

InnovFin SME Guarantee

InnovFin SME Guarantee InnovFin SME Guarantee Implementation Update Reporting date: 30/09/2017 Disclaimer This presentation contains general information about the implementation results of InnovFin SME Guarantee, a facility

More information

6 th Capital Markets Day 12 December 2008, Vienna

6 th Capital Markets Day 12 December 2008, Vienna , Vienna An in-depth look at assets and asset quality Bernhard Spalt, Chief Risk Officer Presentation topics Analysing customer loans Overview CEE loan book in detail Real estate loans in detail Non-performing

More information