Austrian insurance group UNIQA said on Wednesday its negative earnings before taxes from operations in Montenegro narrowed to 277,000 euro in the first nine months of 2014 from 578,000 a year earlier.

Premiums volume written from operations in Montenegro rose by 10.2% to 8.6 million euro through September, UNIQA said in a financial report.

Gross written premiums on the non-life insurance segment in Montenegro accounted for 7.4 million euro of the total premiums volume through September, up 10.3% on the year. Gross written premiums from life-insurance rose by 9.7%.

In Southeast Europe, UNIQA also operates in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Macedonia, and Serbia. Read the full story UNIQA narrows negative 9-mo pre-tax earnings in MONTENEGRO