The story
Uniqa was established in 1999. In 2000, Uniqa started its policy of expansion abroad and acquired companies in Italy, Poland, Austria, Hungary, Liechtenstein, Slovakia, the Czech Republic, Romania, Slovenia, Bosnia and Herzegovina, Bulgaria, Ukraine, Serbia, North Macedonia, Kosovo, Albania, Montenegro, Russia, Spain, Lithuania, Germany and Croatia.
On 1 July 2011, a new management board team headed by Andreas Brandstetter took over at the Uniqa Insurance Group. The new team developed a new growth strategy and began to implement it. In April 2012, the Uniqa Group sold its majority interest in the German Mannheimer AG Holding. In May 2013, Uniqa Austria became the biggest insurer in Austria with 14% market share. In October 2013, Uniqa signed an agreement with Baloise Group to acquire insurance companies in Croatia and Serbia.
In March 2014, Uniqa Insurance Group AG was included in the benchmark index of the Vienna Stock Exchange (ATX). In July 2015, Uniqa resolved the sale of indirect interest in Casinos Austria AG. In January 2016, Uniqa launched the largest investment and innovation programme in its history amounting to around €500 million. In October 2016, the company completed the reorganisation of the Group's structure.
In December 2017, Kurt Svoboda became CEO of the Uniqa Österreich Versicherungen AG. In 2018, Uniqa became the first Austrian insurance group to announce the gradual elimination of carbon-based transactions.
In March 2019, Uniqa was the first insurer to be awarded with the OGUT Sustainability Certificate, based on the decision to remove all investments related to coal industry. In November 2019, the company decided to reduce the number of management board members of the three major companies in Austria from 11 to 9.
In February 2020 Uniqa acquired Axa's subsidiaries in Poland, the Czech Republic and Slovakia for one billion euros. The acquisition was approved by the EU-Commission in July 2020 and was completed in October 2020 as the largest acquisition in company history.
In November 2024, UNIQA Insurance Group AG decided, as part of its country portfolio management, to sell its 90% stake in SIGAL UNIQA Group Austria, the insurance conglomerate operating in Albania, Kosovo, and North Macedonia (referred to as “ALMAKOS”).
From Wikipedia’s article on Uniqa Insurance Group, shared under CC BY-SA 4.0.5