The Austria Financial Market Authority has published first quarter 2026 statistics for the insurance sector showing that Austrian insurers' earnings from ordinary activities were broadly unchanged at EUR 366.5 million, while the sector's financial strength improved. Median solvency rose to 262% from a year earlier, which the authority described as one of the highest levels in Europe. Premium volume increased 3.5% to EUR 7.55 billion, providing the basis for the stable overall result. Growth was strongest in health insurance, where premium income rose 8.1%. In life insurance, the shift toward single-premium products and fund-linked and index-linked products continued. On profitability, stronger results in life and health insurance largely offset a decline in non-life and accident insurance, where earnings from ordinary activities fell 26% to EUR 263.9 million. The report also noted that private credit is receiving closer regulatory attention after insolvencies in the United States market. Austrian insurers' direct exposure to private credit funds was 0.46% of total investments, excluding fund-linked and index-linked insurance, compared with the European Central Bank's estimate of 2.3% of assets for European insurers overall, and the asset class remains under regulatory monitoring.
Austria Financial Market Authority2026-06-16
Austria Financial Market Authority reports Austrian insurers kept first quarter earnings broadly flat while median solvency rose to 262%
The Austria Financial Market Authority's first quarter 2026 insurance statistics show Austrian insurers' earnings from ordinary activities were broadly stable at EUR 366.5 million, while median solvency rose to 262%. Premiums increased 3.5% to EUR 7.55 billion, with health insurance leading growth and stronger life and health results offsetting weaker non-life profitability. The report also says direct exposure to private credit funds was 0.46% of invested assets excluding fund-linked and index-linked business and remains under regulatory monitoring.