Allianz Austria: Stable Earnings and Rising Premium Income

Professional ServicesInsurance ♦ Published: August 21, 2012; 17:37 ♦ (Vindobona)

In the first quarter of 2012, Allianz Austria recorded a 24% slump in earnings. Pre-tax profits grew slightly.

Allianz Austria: Stable Earnings and Rising Premium Income / Picture: © Vindobona.org

For Allianz Austria, the first three months of the new financial year were rather satisfying. In the accident insurance segment, the premium income grew by 2.5% to € 435m. The health insurance segment registered a 6.9% increase in premium income (€ 26.1m). Premium income of the life insurance segment was up by 4.3% to € 224.8m. In total, Allianz Austria´s premium income grew by…