Uniqa Insurance Group Ag · VIE:UQA
Uniqa Insurance — Q1 2026 Earnings Presentation
38 slides from Uniqa Insurance's earnings presentation, May 29, 2026
Slide 1: UNIQA Insurance Group AG 3M26 Results
UNIQA Insurance Group AG 3M26 Results May 29th, 2026 Andreas Brandstetter, CEO Andreas Brandstetter Kurt Svoboda Chief Executive Chief Financial & Risk Kurt Svoboda, CFRO Officer Officer
Slide 2: Agenda
Agenda 1 Group Results • 3M26 Results • Outlook 2 Appendix • Segments • Balance Sheet • Investment Portfolio • Shareholder Information Agenda 29.05.2026 | UNIQA 3M26 Results 2
Slide 3: Group Results: 3M26 Results
1.1 Group Results 3M26 Results
Slide 4: Strong start to 2026 with resilient 3M26 performance
3M26 Results Strong start to 2026 with resilient 3M26 performance EUR 2 795m GWP GWP diversification Growth +14% GWP growth vs. 3M25 Life 16% Austria 52% International 33% EUR 0.5b EUR 0.9b P&C 68% EUR 1.5b EUR 1.9b EUR 2.8b EUR 2.8b 16.6% ROE (vs. 16.1% in 3M25) Health 16% 91.0% net combined ratio
Slide 5: Group P&L: Strong growth & core profitability across key markets drive earnings upside
3M26 Results Group P&L: Strong growth & core profitability across key markets drive earnings upside Growth profile well balanced: International with +6% (P&C and EURm 3M25 3M26 % Life) and Austria stable with +4% (P&C and Health). UNIQA Re Gross Written Premium 2 443 2 795 14.4% significant growth d
Slide 6: Key Financial Indicators
3M26 Results Key Financial Indicators Earnings per Share (EUR) Dividend per Share (EUR) / Payout Ratio (%) 7.5% > 7% CAGR 50% - 60% 52% 58% 53% 54% 44% (a) 0.39 0.42 0.72 0.36 0.60 0.55 0.55 0.57 3M24 3M25 3M26 Target 2028 FY21 FY22 FY23 FY24 FY25 Target 2028 Return on Equity (%) Regulatory Capital
Slide 7: Group L&H CSM: Health continues to drive CSM growth
3M26 Results Group L&H CSM: Health continues to drive CSM growth Group L&H CSM (EURm) (a) CSM sustainability ratio L&H (EURm) (%) 236 3 Reported Operative 5 809 70 6 028 -3 -87 90 87 80 78 70 70 60 60 Target 2028 80.3% 78.2% 75.0% 76.8% CSM SR Life & Health CSM New Finance CSM CSM 01.01.2026 busines
Slide 8: Top Line: P&C main growth driver, followed by Health & Life
3M26 Results Top Line: P&C main growth driver, followed by Health & Life Gross Written Premium (EURm) 7.1% CAGR 14.4% 8 355 2 795 2 795 7 720 7 186 2 443 450 2 472 6 549 1 700 450 Target 2028 +2% 6 358 1 618 441 445 441 2 014 1 583 1 925 1 944 441 1 590 1 610 +8% 1 642 1 514 408 412 418 405 433 Gros
Slide 9: Admin Cost Ratio in line with expectations
3M26 Results Admin Cost Ratio in line with expectations P&C Health Life Admin cost ratio Admin Cost Ratio (%), Costs (EURm) 35 0 Group 45 . 0% 16 0 UNIQA Austria 45 . 0% UNIQA International 14 0 45 . 0% 0.5% 40 . 0% -0.5% 30 0 40 . 0% 0.8% 270 131 130 14 0 272 40 . 0% 35 . 0% 12 0 113 114 35 . 0% 26
Slide 10: P&C: Strong fundamentals; normalization after elevated 3M25
3M26 Results P&C: Strong fundamentals; normalization after elevated 3M25 Profitability, EURm Loss Ratio decomposition, in % CoR Net, in % 66% 00% 2.8pp 03% 62% EURm 3M25 3M26 % -04% < 93% -03% Insurance Revenue 1 178 1 239 5.2% 88.2% 91.0% Insurance service expenses -1 015 -1 096 7.9% 28.9% Technic
Slide 11: Life: In force maturities exceeding new business
3M26 Results Life: In force maturities exceeding new business CSM CSMdevelopment, EURm(a) development,EURm Technical profitability, EURm • Decrease of CSM (-1%) in 3M26 mainly due to lower -14 (-1%) new business contribution 1.889 30 6 3 -53 1.875 • New business CSM coming EURm 3M25 3M26 % primaril
Slide 12: Health: Strong NBV growth & continued earnings momentum
3M26 Results Health: Strong NBV growth & continued earnings momentum CSM development, EURm Technical profitability, EURm • CSM growth +5.9% driven by economic environment and strong contribution of new +6% business 228 0 -34 4.153 3.920 40 • Technical result following the strong growth in 3M26 EURm
Slide 13: Deep Dive: New Business Value in the Group
3M26 Results Deep Dive: New Business Value in the Group Contractual Service New Business Margin (%) (a) 15 14,1 14,1 13,3 13,5 12,5 12,7 12,3 11,7 11,8 10,8 9,8 9,6 10 8,4 8,9 9,1 9,2 9,1 8,7 8,5 ContractualService Contractual ServiceNew NewBusiness BusinessValue, Value,EURm EURm(a) • CS-NBM for UNI
Slide 14: Core markets: Consistent underlying strength across the board
3M26 Results Core markets: Consistent underlying strength across the board UNIQA Austria KPIs UNIQA International KPIs Austria • Growth driven by P&C & Health • P&C Gross CoR benefits from positive run-off, no Nat Cat and lower large claims 3M25 3M26 Δ yoy Target 2028 3M25 3M26 Δ yoy Target 2028 (vs
Slide 15: Detailed Investment Portfolio: OCI reduction, ECL positive
3M26 Results Detailed Investment Portfolio: OCI reduction, ECL positive Other Comprehensive Income from Investments, EURm Expected Credit Loss Development, EURm NII +27.2 NFR +10.1 -123 -1.368 -140 -9 +26 -1.245 Net OCI Δ Fixed Income Δ Equity Δ deferred taxes Net OCI 01.01.2026 FVOCI FVOCI Option 3
Slide 16: Investment Activity
3M26 Results Investment Activity Net financial result (NFR) decomposition, EURm The net financial result improved by 37% to EUR 29m, compared to EUR 21m in 3M25 -48 151 -53 • Net investment income +38% at EUR 151m -26 6 (EUR 109m in 3M25) driven by lower (un)realized losses 29 in fixed income portfo
Slide 17: Group Results: Outlook 2026
1.2 Group Results Outlook 2026
Slide 18: Outlook and guidance: Clear Path to Value Creation
Outlook and guidance Clear Path to Value Creation Outlook for 2026 Continuing to demonstrate the benefits of UNIQA’s resilience and diversification Save the Targeted EBT range of EUR 540m-EUR 570m, reflecting sustained operational excellence Dividend FY25: EUR 0.72 DPS (subject to AGM approval) Date
Slide 19: Appendix: Segments
2.1 Appendix Segments
Slide 20: Group P&L
Segments Group P&L EURm 3M25 3M26 Δ yoy TECHNICAL RESULT (NET) 199.6 210.3 5% Insurance revenue 1 751.2 1 881.6 7% Insurance service expenses -1 528.5 -1 636.9 7% Technical result from reinsurance - 23.0 - 34.4 49% FINANCIAL RESULT 21.1 29.0 37% Net investment income 108.8 150.5 38% Income from inve
Slide 21: Group Operating Segments
Segments Group Operating Segments P&C Health Life P&C Health Life EURm 3M25 3M26 Δ yoy 3M25 3M26 Δ yoy 3M25 3M26 Δ yoy TECHNICAL RESULT (NET) 139.5 111.5 -20% 13.3 40.0 202% 46.9 58.7 25% Insurance revenue 1 177.5 1 239.2 5% 368.0 414.8 13% 205.6 227.6 11% Insurance service expenses -1 015.2 -1 095.
Slide 22: UNIQA Austria Income Statement
Segments UNIQA Austria Income Statement EURm 3M25 3M26 Δ yoy TECHNICAL RESULT (NET) 66.8 86.5 29% Insurance revenue 964.5 1 051.6 9% Insurance service expenses - 876.0 - 921.3 5% Technical result from reinsurance - 21.7 - 43.8 102% FINANCIAL RESULT 6.4 11.2 75% Net investment income 72.3 113.7 57% I
Slide 23: UNIQA Austria Operating Segments
Segments UNIQA Austria Operating Segments P&C Health Life EURm 3M25 3M26 Δ yoy 3M25 3M26 Δ yoy 3M25 3M26 Δ yoy TECHNICAL RESULT (NET) 30.3 17.9 -41% 10.9 36.0 231% 25.7 32.5 27% Insurance revenue 575.0 603.2 5% 332.9 380.2 14% 56.6 68.2 20% Insurance service expenses - 522.4 - 541.4 4% - 321.6 - 343
Slide 24: UNIQA International Income Statement
Segments UNIQA International Income Statement EURm 3M25 3M26 Δ yoy TECHNICAL RESULT (NET) 79.9 86.1 8% Insurance revenue 759.1 789.7 4% Insurance service expenses - 623.0 - 680.5 9% Technical result from reinsurance - 56.2 - 23.1 -59% FINANCIAL RESULT 13.6 19.7 45% Net investment income 25.7 33.3 29
Slide 25: UNIQA International Operating Segments
Segments UNIQA International Operating Segments P&C Health Life EURm 3M25 3M26 Δ yoy 3M25 3M26 Δ yoy 3M25 3M26 Δ yoy TECHNICAL RESULT (NET) 53.3 52.8 -1% 2.8 4.5 61% 23.8 28.8 21% Insurance revenue 575.0 595.7 4% 35.2 34.6 -2% 148.9 159.4 7% Insurance service expenses - 465.7 - 521.7 12% - 32.0 - 29
Slide 26: UNIQA International Country Details
Segments UNIQA International Country Details Gross Written Premiums Insurance Technical Result (Net) P&C Combined Ratio (Gross) Earnings Before Taxes EURm 3M25 3M26 Δ yoy 3M25 3M26 Δ yoy 3M25 3M26 Δ yoy 3M25 3M26 Δ yoy Poland 381.4 399.1 5% 28.8 31.1 8% 87.6% 97.5% 9.9pp 26.4 29.0 10% Czech Republic
Slide 27: Other Segments
Segments Other Segments Consolidation Reinsurance Group Functions EURm 3M25 3M26 Δ yoy 3M25 3M26 Δ yoy 3M25 3M26 Δ yoy TECHNICAL RESULT (NET) 3.6 0.8 -77% 49.2 36.9 -25% 0.0 0.0 n/a Insurance revenue - 325.1 - 331.7 2% 352.6 371.9 5% 0.0 0.0 n/a Insurance service expenses 239.4 262.0 9% - 269.0 - 29
Slide 28: Appendix: Balance Sheet
2.2 Appendix Balance Sheet
Slide 29: Group Balance Sheet
Balance Sheet Group Balance Sheet Assets Equity and Liabilities EURm FY25 3M26 Δ yoy EURm FY25 3M26 Δ yoy Property, plant and equipment 405 405 0% EQUITY 3 165 3 191 1% Intangible assets 1 152 1 147 0% Portion attributable to shareholders of UNIQA 3 064 3 093 1% Insurance Group AG Investments 21 064
Slide 30: Shareholder Equity (excluding minority interest)
Balance Sheet Shareholder Equity (excluding minority interest) EURm +128 +55 3 093 3 064 0 -31 - 123 Measurement of Dividend Profit Measurement Other 31.03.2026 01.01.2026 equity and debt attributable to of insurance & instruments shareholders reinsurance contracts 29.05.2026 | UNIQA 3M26 Results 30
Slide 31: Appendix: Investment Portfolio
2.3 Appendix Investment Portfolio
Slide 32: Fixed Income Portfolio
Investment Portfolio Fixed Income Portfolio Overall composition Rating distribution (a) 34% 34% 27% 27% 2% Government 24% 16% 17% Dec 25 Corporate 11% 11% 7% 7% EUR 13.5b Financials 5% 5% 8% Other 65% AAA AA A BBB <BBB Not rated Mar 26 Dec 25 2% By Segment 24% Government 14% Mar 26 38% Corporate P&C
Slide 33: Fixed Income Portfolio | Government EUR 8.9b
Investment Portfolio Fixed Income Portfolio | Government EUR 8.9b Geographical split Rating distribution (a) Poland 7% 19% Austria Supranational Organisations 36% Belgium 32% 11% Czech Republic 30% France 10% Spain 5% 7% Rest of Europe 5% 6% Rest of World 15% Segment split 14% 9% 9% Life P&C 46% 0%
Slide 34: Fixed Income Portfolio | Corporates EUR 1.1b
Investment Portfolio Fixed Income Portfolio | Corporates EUR 1.1b Geographical split Rating distribution (a) 5% USA 16% 37% Germany France 29% Holland 32% Austria 21% Hungary Spain 5% Rest of Europe 5% 9% Rest of World 5% 5% 16% Segment split Sector split 0% Consumer discr. 14% 5% 3% 9% 22% Utilitie
Slide 35: Fixed Income Portfolio | Financials EUR 3.2b
Investment Portfolio Fixed Income Portfolio | Financials EUR 3.2b Geographical split Rating distribution (a) 6% France 18% 47% Austria Germany 29% Spain 13% USA United Kingdom 11% Rest of Europe 7% 9% Rest of World 9% 26% Segment split Instrument type 11% 0% 11% 11% 9% 54% Senior Life 5% Secured P&C
Slide 36: Shareholder Information and Contacts
Shareholder Information and Contacts General Information UNIQA Insurance Group AG • Listed on the Vienna Stock Exchange since 1999 Dividend per share (EUR) / Payout ratio (%) • 309m common shares 44% 102% 91% 67% 32% 285% 54% 44% 58% 53% 52% • ISIN: AT0000821103 (a) (a) Bloomberg: UQA AV 0.72 Reuter
Slide 37: Disclaimer
Disclaimer This Presentation is being provided for information purposes to selected recipients only and does not constitute or form part of, and should not be construed as an offer or invitation or recommendation to, purchase or sell or subscribe for, or any solicitation of any offer to purchase or
Slide 38: 29.05.2026 | UNIQA 3M26 Results
29.05.2026 | UNIQA 3M26 Results 38
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