Strong Growth in Earnings for Generali Austria

Professional Services › Insurance ♦ Published: April 12, 2011; 06:30 ♦ (Vindobona)

Trhough a slightly above-average growth in premiums and lower claims, the third largest insurance provider in Austria was able to maintain its market position.

Strong Growth in Earnings for Generali Austria / Picture: © Generali

The Generali Group Austria, with a market share of 14.7%, and as such Austria's third-largest insurance group, achieved a strong growth in earnings and a higher premium growth than in the whole insurance industry in 2010.

Last year, the Generali Group Austria generated a profit on ordinary activities for the amount of € 133.3m. With this figure the result of the previous year…

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