Uniqa Inrnce Grp Unsp/Adr (UNIXY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, we warmly welcome you to the conference call for the first half-year results for 2026 of the Unica Insurance Group AG. I am pleased to welcome the Chief Financial and Risk Officer Kurt Svoboda, who will guide us through the presentation shortly. After the presentation, we will move on to a Q&A session where you will be allowed to ask questions via audio line today. And having said this, I am handing over to you, Mr. Svoboda. Thank you very much and welcome everybody to UNIQA's results on half year 2026 based on a new set of slides which should on the one hand give you as auditorium more transparency, more information and service about UNIQA insurance group AG. I start on the page number four which gives from our perspective the situation which is especially for us in the insurance industry at the moment the most important one. It's about interest rate environment. It is visible that all over Europe we have a quite impressive increase about on the interest rates. which on the one hand gave us in the result a boost especially in the ordinary income but also on the other hand as IFRS 17 is a very economic driven accounting scheme also on the topic of special discountings and topics on the evaluation. Inflation is a never-ending story, especially in our sea region. Austria yesterday reported an inflation of about 2.8 percentage points. All in all, we see inflation as manageable and in our results and in our business at the moment, not as a risk. But still, according to energy prices, global development, this is an ongoing topic, especially for the next couple of months. Climate and nut-cut I think is something that everybody can itself feel and see what's going on in terms of the heat about the dry situation especially here in eastern part of Austri...