UNIQA turns to positive 9-mo pre-tax earnings in MACEDONIA

3 December 2014 —
Austrian insurance group UNIQA said on Wednesday it turned to positive earnings before taxes from operations in Macedonia of 723,000 euro in the first nine months of 2014 from a pre-tax loss of 48,000 euro a year ago.

Premiums volume written from Macedonian operations was up by 0.5% to 8.7 million euro through September, UNIQA said in a financial report posted on its website.

Gross written premiums in non-life insurance segment accounted for 8.3 million euro of the total premiums volume, up 0.2% on the year, while the remainder is from life-insurance, of which gross written premiums grew 5.3% on the year.

In Southeast Europe, UNIQA also operates in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Montenegro, and Serbia. Read the full story UNIQA turns to positive 9-mo pre-tax earnings in MACEDONIA
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