UNIQA Insurance Group (UQA) investor relations material

Executive summary

• Q1 2026 delivered resilient performance with all KPIs on track for 2028 targets, including premium and EPS CAGR, combined ratio, and admin cost ratio.

• Gross written premiums reached EUR 2,795 million, up 14.4% year-over-year, with strong growth across Austria (4.2%) and international (CEE) markets (6.2%).

• Group net profit rose 7.5% to EUR 128 million, with profit before taxes up nearly 6% to EUR 160 million.

• EPS improved to EUR 0.42 from EUR 0.39, and ROE reached 16.6% (up from 16.1%).

• Dividend proposal increased to EUR 0.72 per share, up 20% from FY24, maintaining a payout ratio of 50%-60%.

Financial highlights

• Technical result rose 5% to EUR 210 million; earnings before tax up nearly 6% to EUR 160 million.

• Net investment income rose 38% to EUR 151 million; net financial result up 37% to EUR 29 million.

• Consolidated profit increased 8% to EUR 128 million, with an effective tax rate of 21%.

• Solvency II capital ratio remained strong at 272%.

• Admin cost ratio improved to 14.4% (from 15.4%).

Outlook and guidance

• Full-year 2026 profit before tax guidance confirmed at EUR 540–570 million.

• CSM sustainability ratio target of 90% by 2028, with 78.2% achieved in Q1.

• Dividend payout policy of 50%-60% with progressive DPS; solvency ratio target 180–230%.

• Health business expected to maintain 8% growth, with volume and pricing components at 2.5% and 5.5%, respectively.

• Guidance subject to uncertainties from geopolitical instability and weather-related risks.