SKOPJE (North Macedonia), November 23 (SeeNews) – Austrian insurance group UNIQA said its pre-tax profit from operations in North Macedonia increased to 400,000 euro ($476,000) in the first nine months of 2020 from 300,000 euro in the same period last year.
The group's total gross written premiums from operations in North Macedonia rose 6% on the year to 11.5 million euro in the January-September period, UNIQA said in a nine month financial report published last week.
Gross written premiums in the non-life insurance segment increased 4% to 9.4 million euro, while premiums from life insurance rose by an annual 30% to 1.9 million euro. Premiums from health insurance dropped 28% to 200,000 euro in the reviewed period.
The UNIQA Group is represented in North Macedonia by UNIQA A.D. Skopje, which is a successor to a local unit of Albania's SIGAL UNIQA Group Austria Sh. A., and UNIQA Life Macedonia.
In Southeast Europe, UNIQA is present in Albania, Bosnia and Herzegovina, Bulgaria, Kosovo, Croatia, Montenegro, North Macedonia, Romania and Serbia.
($ = 0.8403 euro)