What is Growth Strategy and Future Prospects of UNIQA Insurance Group Company?

The company is prioritizing the development of new digital tools designed to boost operational efficiency for its employees. These advancements also aim to deliver more personalized and relevant services to its extensive customer base of 17 million individuals.

Key aspects of this digital transformation include the automation of various processes, standardization of product offerings, and the modernization of existing legacy systems. These efforts are fundamental to enhancing overall customer value.

Sustainability is a core component of UNIQA's business model, with ambitious targets for net-zero emissions. The company aims for net-zero in its Austrian operations by 2040 and across the entire Group by 2050.

UNIQA is aligning its investment portfolio with the Paris Agreement's 1.5°C climate target, a commitment validated by the Science Based Targets initiative (SBTi) in December 2023. This demonstrates a strong commitment to environmental responsibility.

The company plans to significantly increase its green investments, targeting over EUR 2 billion by 2025. This strategic allocation of capital underscores its dedication to sustainable development and future-oriented business practices.

The establishment of UNIQA Sustainable Business Solutions in 2024 signifies a proactive approach to offering specialized services. These services assist corporate clients with active risk management, sustainable transformation, and broader ESG issues.

The solvency capital requirement (SCR) ratio is targeted to remain stable at over 180 percent until 2028. As of December 31, 2024, this ratio stood at a robust 265 percent, indicating strong capitalization.

The first quarter of 2025 has already demonstrated promising results, with premiums growing by over 13 percent to €2.5 billion. Earnings before taxes reached €151.1 million, signaling continued positive momentum.

For the 2025 financial year, UNIQA's target profitability is set to exceed the 2024 level. This ambition is supported by a proposed dividend of €0.60 per share for the 2024 financial year.

The UNIQA Insurance Group strategy for European market expansion, particularly in CEE, is a key driver of its growth. The strong performance in international markets, with a 12 percent growth in Q1 2025, highlights this focus.

While not explicitly detailed in financial figures, the company's digital transformation strategy is integral to its overall business model. This focus is expected to enhance operational efficiency and customer experience, contributing to future financial success.

The Group's future investment plans are geared towards supporting its growth objectives, including technological advancements and product innovation. These investments are crucial for maintaining its competitive edge and achieving its long-term financial targets.

Unstable geopolitical situations and fluctuating economic conditions, such as interest rate changes and inflation, present ongoing challenges. These factors can directly affect the company's financial stability and investment returns.

An increasing frequency of natural catastrophes poses a significant risk. For instance, storm 'Boris' in 2024 resulted in gross claims of €222 million, with a net impact of €85 million on UNIQA's profit and loss, underscoring the need for robust reinsurance.

New European directives like DORA and CSRD necessitate continuous adaptation and compliance with evolving disclosure requirements. Successfully integrating these changes is crucial for maintaining operational integrity and market trust.

While competition is a constant, UNIQA's diversified portfolio and strong market position in Austria and Central and Eastern Europe offer a degree of resilience. This diversification helps mitigate the impact of intense market pressures.

Proactive risk management is key to navigating these challenges. Maintaining a sound solvency position and leveraging diversification across business models, markets, and distribution channels are central to UNIQA's strategy.

The Management Board's regular reporting on the risk situation to the Supervisory Board ensures consistent oversight. This structured approach enhances preparedness for emerging challenges and supports the company's overall Mission, Vision & Core Values of UNIQA Insurance Group.