Sustainable Increase in Earnings for VIG

Published: August 18, 2011; 16:48 · (Vindobona)

The Austrian insurance company recorded profit before taxes of € 282.2m, up 10.4% in the first half of the year.

Sustainable Increase in Earnings for VIG / Picture: © Vienna Insurance Group

The Vienna Insurance Group earned a total of € 4.7bn premiums written (consolidated) in the first half-year 2011, up 3.1% compared to first half-year 2010. The Group profit (before taxes, consolidated) amounted to € 282.2m in the first half-year 2011. This represented a sharp 10.4% increase compared to first half-year 2010. The Group combined ratio after reinsurance (excluding…

This article includes a total of 147 words.

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