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2016 preliminary results for Vienna Insurance Group *) - Profit more than doubled

Published: March 23, 2017; 08:00 · (Vindobona)

Preliminary premium volume of EUR 9,051 million showed a stable development (+EUR 31 million compared to the previous year). Premiums increased significantly in all lines of business, with the exception of single-premium life insurance (- 19.2 percent). As in the previous year, a restrictive underwriting policy was followed in most markets in this area due to the low interest rate situation. Without single-premium products, premiums increased + 4.4 percent across all lines of business.

2016 preliminary results for Vienna Insurance Group *) - Profit more than doubled / Picture: © Vindobona

 

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This article includes a total of 1139 words.

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