Austrian composite insurer Uniqa
made impressive gains in Slovakia’s insurance market, bucking a
downturn in the country’s life and general insurance sectors.
In the life insurance sector, which
saw a 4% year-on year fall in premium income, Uniqa reported
premium income of €28.1m ($38m), up 7.9% compared with 2008.
Uniqa’s market share grew from 2.36% to 2.65%.
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In the general insurance sector,
Uniqa’s premium income increased to €75.7m, up 6.4% compared with
the sector’s overall decline of 4.5%. Uniqa improved it market
share in the sector to 7.9% and its market share of Slovakia’s
total insurance market to 5.1%.
Uniqa ranks fifth overall among the
22 insurance companies in Slovakia.
