Oberösterreichische Versicherung Raises Premium Income

Professional Services › Insurance ♦ 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: © Vindobona.org

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…

or Log In

Fast News Search
Related News
Uniqa Grows Quickly in Bosnia and Herzegovina (December 16, 2011)
VIG and Zurich Fight for Polish Warta (December 14, 2011)
Rising Finance Requirements Due to Increase in Investments (December 7, 2011)
VIG Acquires Polish Life Insurance Company Polisa (November 29, 2011)
Uniqa Reports Positive Development in Core Business (November 24, 2011)
Read More
Oberoesterreichische Versicherung, Insurance Industry, Earnings
Featured
See latest Vindobona Newsletter