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UNIQA's investment income falls by 7.5%

Written by Adam Cadle
23/08/2017

Austrian insurance group, UNIQA, has seen its investment income fall by 7.5 per cent to €233.5m in H1 2017 due to "persistently low interest rates and negative exchange rate effects".

The group's investment portfolio of UNIQA decreased slightly as against the end of the previous year to €19,684.4m as at 30 June 2017 from €20,024.8m as at 31 December 2016.

Despite these falls in values, the group experienced "considerable premium growth in all insurance sectors with premiums written up by 6.6 per cent.

The firm experienced life insurance growth in premiums written of 9.1 per cent to €834.4m.

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