07:36 AM EDT, 09/14/2026 (MT Newswires) -- Berenberg forecasts Uniqa Insurance Group's (UQA.VI) reinsurance unit will boost the Austrian insurer's growth trajectory. "We estimate inward reinsurance premiums will reach cEUR0.5bn in 2026E. Overall, we believe the strong growth in reinsurance underlines UNIQA's commitment to growth and its ability to leverage its strong capital position. We believe that reinsurance is a key part of UNIQA's growth strategy and that management will update the market on its growth outlook at its capital market day on 25 November," the research firm said Monday after meeting with the company's management at the recent Rendez-Vous de Septembre reinsurance event in Monte Carlo. Analysts forecast that Uniqa Re's external gross written premiums will reach 500 million euros in full-year 2026, up from 300 million euros in 2025, driven by a broad portfolio, including an increasing contribution from managing general agent partnerships. "We view UNIQA Re as a scalable and differentiated reinsurance platform with substantial runway for growth. Supported by strong execution, deep underwriting expertise, technology-enabled operations and the financial strength of the wider UNIQA group, we believe the business has the potential to grow premiums to more than EUR1bn by 2030," the note said. Against this backdrop, Berenberg reiterated its buy rating and price target of 20 euros on the stock.

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