UNIQA Insurance Group AG is one of the largest insurance groups in its core markets of Austria and Central and Eastern Europe (CEE). The company's business model revolves around underwriting risk and managing investments, offering a diversified portfolio of insurance products to both private and corporate clients. UNIQA operates through three main segments: UNIQA Austria, UNIQA International, and Reinsurance.
Revenue is primarily generated from insurance premiums, which are well-diversified across product lines. As of 2024, property and casualty insurance accounted for approximately 59.7% of total gross written premiums, life insurance contributed 20.9%, and health insurance made up the remaining 19.4%. Geographically, while Austria remains its largest and most established market, the company has a significant and growing footprint across 17 countries in the CEE region, including Poland, Czechia, Slovakia, and the SEE5 region (Croatia, Serbia, Bosnia and Herzegovina, Montenegro, and Bulgaria).
UNIQA's competitive position is bolstered by its multi-channel distribution strategy, leveraging tied agents, independent brokers, and a strong bancassurance partnership with Raiffeisen Bank International. The company's "UNIQA 3.0 - Growing Impact" strategy focuses on profitable growth, digital transformation, and expanding its health and property/casualty offerings, ensuring its continued prominence in the European insurance landscape.
