Austrian insurer UNIQA announced on Friday a sharp jump in earnings last year on the back of booming business in its life division.
The stock-listed company said in a statement its underlying profit amounted to 153 million euros ($227 million) in 2010, a rise of 52.8 percent over the figure 12 months earlier.
Premium income was up 8.4 percent at 6.2 billion euros, the first time in UNIQA’s history that it has earned more than 6.0 billion euros and it rose again by 3.5 percent to 1.77 billion euros in the first three months of this year.
UNIQA said it would pay shareholders an unchanged dividend of 0.40 euro pe share.
Vienna, April 29, 2011
