In the 1st quarter of 2026, Austrian insurance undertakings posted a result from ordinary activities (German: Ergebnis der gewöhnlichen Geschäftstätigkeit (EGT)) of €366.5 million, more or less unchanged from the corresponding quarter of the previous year. The sector’s financial strength – measured in terms of its solvency level – rose year-on-year to 262% (median), one of the highest values in Europe. These are the results from the Austrian Financial Market Authority’s (FMA) statistics that were published today.
The basis for such a robust result was 3.5% growth (to €7.55 billion) in premium volume. Income from premiums in the health insurance sector again posted stronger than average growth of 8.1%. For life insurance the trend continued for one-off premiums and funds and index-based products. On the profit side, a fall in non-life and accident insurance was largely absorbed out by an increase in life and health insurance.
Following the spate of insolvencies in the US market, the Private Credit investment class is increasingly in the focus of European supervisors. The European Central Bank (ECB) estimates the exposure of European insurers as 2.3% of assets. Austrian insurance undertakings’ direct exposure to private credit funds is significantly lower at 0.46% of total invested capital (excluding fund-based and index-based insurance). Due to the dynamic development this asset class however remains under regulatory observation.
The Quarterly Report for Insurance Companies was published in a new, streamlined form that displays the figures in a compact and clear design on two pages. The data basis for these figures is more detailed and is also available for download in digital form.
Overview of the most important key figures:
| Q1 2025 | Q1 2026 | Difference | |
| Premium volume | € 7.30 billion | € 7.55 billion | +3.5 % |
| of which: | |||
| Non-life/accident | € 5.00 billion | € 5.15 billion | +3.1 % |
| Life | € 1.44 billion | € 1.47 billion | +2.1 % |
| of which: | |||
| One-off premiums | € 0.23 billion | € 0.25 billion | +10.7 % |
| Regular premiums | € 1.21 billion | € 1.21 billion | +0.5 % |
| fund-/index-linked | € 0.46 billion | € 0.42 billion | +9.6 % |
| Health | € 0.86 billion | € 0.93 billion | +8.1 % |
| Result from ordinary activities | €370.0 million | €366.5 million | -1.0 % |
| of which: | |||
| Non-life/accident | €356.3 million | €263.9 million | -26 % |
| Life | € 9.86 million | € 43.3 million | +339 % |
| Health | € 3.82 million | € 59.3 million | ./. |
The complete quarterly report can be found on the FMA website (in German only) at https://www.fma.gv.at/en/insurance/disclosure/quarterly-reports-insurance/
Journalists may address further enquiries to
Boris Gröndahl (FMA Media Spokesperson)
Telephone: +43/(1)249/59-6010
Mobile: +43 676 8824 9995
E-Mail: [email protected]