Brief: UNIQA Insurance Sees H1 Earnings Before Taxes At EUR 145-165 Mln

UNIQA Insurance AG

08/07/2022 09:21

July 8 (Reuters) - UNIQA INSURANCE GROUP AG  UNIQ.VI :
    * €127 MILLION IMPAIRMENT OF RUSSIAN BONDS AT 30 JUNE 2022
    * FINAL EARNINGS BEFORE TAXES WILL BE PUBLISHED IN HALF-YEAR
FINANCIAL REPORT 2022 ON 19 AUGUST
    * WHEN PREPARING CLOSING FOR FIRST HALF OF 2022, UNIQA
INSURANCE
GROUP AG (UNIQA) IDENTIFIED A POTENTIAL NEED FOR IMPAIRMENT OF
RUSSIAN BONDS IN AMOUNT OF EUR 127 MILLION
    * EXPECTS TO POST EARNINGS BEFORE TAXES IN RANGE OF EUR
145-165
MILLION FOR FIRST HALF OF 2022 BASED ON OTHERWISE GOOD NET
INVESTMENT INCOME AND SOLID PERFORMANCE IN ITS CORE UNDERWRITING
BUSINESS (FIRST HALF OF 2021: EUR 216 MILLION)

Source text for Eikon:  ID:nEQ1KBrmma 
Further company coverage:  UNIQ.VI 

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