Austrian insurance group UNIQA said on Wednesday its earnings before taxes from operations in Serbia dropped to 2,000 euro in the first nine months of 2014 from 193,000 euro a year earlier.

Total gross written premiums from operations in Serbia rose by 9.1% to 34.6 million euro through September, UNIQA said in a financial report.

Gross written premiums on the non-life insurance segment in Serbia accounted for 24.2 million euro of the total premiums volume through September, up 1.9% on the year. Gross written premiums from life-insurance rose by 21.2%.

In Southeast Europe, UNIQA also operates in Albania, Bosnia and Herzegovina, Bulgaria, Kosovo, Macedonia, Montenegro and Croatia. Read the full story UNIQA 9-mo pre-tax earnings in SERBIA drop