Mixed Results at Generali Austria

Professional ServicesInsurance ♦ Published: April 19, 2012; 11:59 ♦ (Vindobona)

The Austrian subsidiary of the Italian insurance group recorded a decent rise in premium income. Earnings were down by 24%.

Mixed Results at Generali Austria / Picture: © Vindobona.org

“Despite the persisting market difficulties we could present solid results which prove our strong performance and the sustainable success at the Austrian insurance market.” CEO Luciano Cirinà said. “The results document that Generali Group Austria is very well positioned compared to our competitors.”

Generali Austria underlines that direct premium income rose by 1.2% to…