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Allianz Austria Improves Premium Intake

Published: March 20, 2012; 13:08 · (Vindobona)

The Austrian subsidiary of the German insurance group could enhance results in all its segments. Due to a decline in investment results, net profits were down significantly.

Allianz Austria Improves Premium Intake / Picture: © Allianz

Last year, Allianz Austria could improve its core business. The actuarial result was up by 8.8%. CEO Wolfram Littich: “We could perform positively against the market trend and thus gained further market shares. The Austrian subsidiary emphasizes to have gained further 20,000 customers.

In the property and accident insurance segment, premium intake rose by 2.3% from € 841.8m…

This article includes a total of 247 words.

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