Vienna Insurance Group Reports Moderate Rise in Profits

Central- & Eastern EuropeSlovakia ♦ 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: © Vindobona.org

“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…