Allianz Austria Records Higher Earnings

Professional ServicesInsurance ♦ Published: May 31, 2012; 20:32 ♦ (Vindobona)

The Austrian subsidiary of the German insurance group could achieve a higher premium intake and and increase in earnings.

Allianz Austria Records Higher Earnings / Picture: © Allianz

„The succesful result of the prior year continues in the first quarter of 2012.“ Wolfram Littich, CEO of Allianz Austria says. „The rise in premium intake by 7.2% showed that growth is also possible in a difficult period of time.“ Littich added. The company underlined that all segments could expand in the first quarter.

In the property insurance segment, premium intake…