Austrian Insurance Industry Records Positive Results

Professional Services › Insurance ♦ Published: October 8, 2013; 19:51 ♦ (Vindobona)

In the first half of 2013, the Austrian insurance sector registered an increasing premium income. Operating income was up substantially.

Austrian Insurance Industry Records Positive Results / Picture: © Vindobona.org

According to the Austrian Financial Market Authority (FMA), the Austrian insurance industry recorded an increase in earnings before taxes of more than 10.2%. In total, the insurance companies achieved an EBT € 1.0bn. The the technical result rose 6.9%. The aggregated financial result fell by 1.5% to € 337bn.

In general, the premium intake was up slightly. In total, the…

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Insurance Industry, CESEE, FMA Financial Market Authority
ISIN
AT0000821103, AT0000908504
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