Vienna Insurance Group Reports Moderate Rise in Profits

Published: November 15, 2011; 09:05 · (Vindobona)

Profit (before taxes) went up by about 10 percent to € 414.1m. Group premiums rose by 4.0 percent to € 6.8bn.

Vienna Insurance Group Reports Moderate Rise in Profits / Picture: © Reuters

“Vienna Insurance Group continues its sustainable development even in a difficult environment. This fact is reflected in the A+ rating with a stable outlook by Standard & Poor´s. To proceed on this path successfully, we have already taken the next steps”, stated Günter Geyer, CEO of Vienna Insurance Group. “By entering the market of Bosnia and Herzegovina…

This article includes a total of 992 words.

or Log In