In the first three quarters of 2011 the Czech subsidiary of UNIQA increased its premium volume to EUR167.7 million (CZK 4.093 billion). In relative terms, the company managed to report an over 11% growth rate, substantially outpacing the market dynamic, of 1.8%. This put the company on the 10th place among the more than 40 insurance companies on the market in the Czech Republic, announced last week the insurance group.

Contrary to the slightly falling market trend, in the non-life segment, UNIQA pojistovna increased its premium volume by 7.2%, placing the company on the 7th place of the market for this segment, and achieved a premium volume of EUR 122.6 million (CZK 2.992 billion) and a market share of 5.5%.

With strong growth of about 24% on life insurance, UNIQA succeeded in outperforming the market average of 5.6% by far. The premiums went up to EUR 45 million (CZK 1.100 billion).

"We set ourselves ambitious goals for 2011 and worked towards them in a heavily contested market with a great deal of commitment and customer proximity", declared Martin ZACEK, Chairman of the Management Board of UNIQA pojistovna.

The UNIQA Group Austria has been active on the Czech market with UNIQA pojistovna, a.s., Prague since 1993. In the first three quarters of 2011, the company's entire premium in force increased by 7.7% to 632 400 policies.