The business of UNIQA Asigurari fell by 4% in 2009, to RON 487 million
UNIQA Asigurari has ended 2009 with gross written premiums of RON 487 million, down by 4% compared with the 2008 results of the company, of RON 507 million, according to preliminary data published by the insurer. Also, the claims paid in the same period totaled RON 409.51 million, 5% more than in the previous year.
UNIQA Asigurari has not made public the financial results for 2009, but after the first three quarters of the year, it had obtained a net profit of RON 9.2 million. On the first place in the UNIQA Asigurari portfolio, with a share of 55%, is the Motor Hull segment, gross written premiums on this line amounting to RON 267.31 million. Business of motor liability insurance (MTPL and Green card) has registered a slight increase in 2009 compared to 2008, of 3.3%, to about RON 163 million.
A positive evolution was also registered for general liability insurance, with an underwritings' total of RON 4.29 million. "UNIQA Asigurari is among the profile companies that have invested in 2009, too, both financial and human resources, to optimize detection and solving of claims. Thus, solving claims files in the shortest time and the rapid payment of claims were among the main concerns of the company in 2009 and they represent today an achieved goal", the insurer's representatives stated.
For 2010, the company wants to pay the same special attention to the activity of claims solving, as well as to the other projects begun in the past year: rebalancing the portfolio, by reducing the motor insurance share and by encouraging other insurance classes, to the detriment of market share growth.
Author: Andreea IONETE
on 22.03.2010
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