Raiffeisen Insurance Grows

Professional ServicesInsurance ♦ Published: May 13, 2011; 07:13 ♦ (Vindobona)

Raiffeisen Versicherung, part of the UNIQA Group achieved increases in almost all divisions, with a total premium volume of € 989m.

Raiffeisen Insurance Grows / Picture: © Raiffeisen Bank International AG / S. Klimpt

Almost all divisions recorded growth. The overall premium volume, slightly lower compared with the same period last year (2009: € 1.041m) is due to a marked decline in single premiums with a total of -17.8%. Positive developments in accident (+4.9%) and property (+10.9%) insurance are above the average market growth. Also encouraging is the result of company pension provision, where…