Oberösterreichische Versicherung Raises Premium Income

Published: December 19, 2011; 11:25 · (Vindobona)

The Upper Austrian regional insurance company expects to record results slightly below the previous year´s level.

Oberösterreichische Versicherung Raises Premium Income / Picture: © Flickr

CEO Josef Stockinger expects an increase of premium income and a lower level of claims payments. However, the results of 2010 will not be improved. Oberösterreichische Versicherung is expected to realize a net income between € 11.0 and € 12.0m in 2011. In 2010, net income reached € 12.9m, in 2009 € 12.7m. The slight decrease is due to statutory provisions.

The growth…

This article includes a total of 196 words.

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