Vienna Insurance Group: Satisfying Results in 2010

Professional Services › Insurance ♦ Published: April 1, 2011; 08:24 ♦ (Vindobona)

Group premiums raised by 7.2 percent to € 8.6bn. Profit (before taxes): clear increase by 15.1 percent to € 507.8 m.

Vienna Insurance Group: Satisfying Results in 2010 / Picture: © Vienna Insurance Group / Votava

“In 2010 Vienna Insurance Group exceeded the planned targets once more. Our focus on earnings-oriented growth and on efficiency gains is reflected in a significant increase of the profit (before taxes) to almost € 508 m – this result was achieved despite the heavy burden caused by natural catastrophes”, stated Günter Geyer, CEO of Vienna Insurance Group. “Particular emphasis…

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