Moderate Premium Growth for Merkur Versicherung

Professional ServicesInsurance ♦ Published: May 4, 2011; 07:12 ♦ (Vindobona)

Record premium increase of 22.7% in the accident insurance division. Continued upward trend in South East Europe: Merkur increases its market share in Bosnia and Herzegovina to 29.3%.

Moderate Premium Growth for Merkur Versicherung / Picture: © Merkur Versicherung

2010 was "one of the most successful in the company's history," according to sources from Merkur Versicherung. Total earnings of € 339.3 m were achieved in premiums on the Austrian market, an increase of 4.4% over the previous year (2009: € 324.9 m). In terms of risks, this means an increase of 7% to 854,489 (2009: 798,407 risks). The operating income for the year 2010 amounted to…