Austria’s insurance undertakings posted growth in terms of premium volume of 3.7% to €6.17 billion during the 2nd quarter of 2026. The result from ordinary activities (German: Ergebnis der gewöhnlichen Geschäftstätigkeit (EGT)) was 5.7% lower at €1.29 billion, slightly lower than the corresponding quarter of the previous year. The reason for this including increased expenses from claims, which in turn were partially compensated for by stable capital income. These are the results from the Austrian Financial Market Authority’s (FMA) statistics that were published today.
Income from premiums in the health insurance sector again posted stronger than average growth of 8.3%. For life insurance the trend continued towards funds and index-based products. On the profit side, life insurance largely balanced out decreases in health insurance as well as in non-life and accident insurance. The sector’s financial strength – measured in terms of its solvency level – rose year-on-year to 266% (median), one of the highest values in Europe.
The figures for the second quarter do not yet reflect the damage caused by the exceptionally strong summer drought in Central Europa, which will become effective from the 3rd quarter. The exposure of Austrian insurance undertakings towards climate-related risks have been systematically monitored by the FMA since 2019. Around a quarter of the assets held by insurance undertakings directly or by means of investments in funds are climate-relevant. They represent around €32.8 billion in total. The real estate sector forms the largest proportion of climate-relevant assets at around 14.6%, following by energy-intensive businesses at 4.8%
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]