Vienna Insurance Group: Robust Rise in Earnings and Profits

Professional ServicesInsurance ♦ Published: November 9, 2010; 12:44 ♦ (Vindobona)

Vienna Insurance Group experienced a rise in profits by 10,9 percent. Premiums increased by 7,1 percent to € 6.5 bn.

Vienna Insurance Group: Robust Rise in Earnings and Profits / Picture: © Vindobona.org

In the first three quarters of 2010, Vienna Insurance Group registered premiums written (consolidated) of a total of € 6.5 bn ($ 9.1 bn), corresponding to a plus of 7.1 percent compared to the same period of the previous year. With a Group profit (before taxes, consolidated) totalling € 377.7 m ($ 529 m), Vienna Insurance Group has continued its efforts to improve its result on an…