Vienna Insurance Group Shows 15% Increase in Profits

Published: January 25, 2011; 10:40 · (Vindobona)

Significant plus of Group profit for the year (before taxes) by almost 15 percent to about € 505m. Increase of premiums written by 6.1 percent to € 8.7bn.

Vienna Insurance Group Shows 15% Increase in Profits / Picture: © Flickr

“By achieving very remarkable growth rates in a challenging period, we accomplished something quite unexpected in 2010. Both in Austria and in Eastern Europe, we succeeded in boosting premiums significantly. We recorded strong increases, notably in the life insurance segment. Through its banking distribution channel, s Versicherung Group realises its full potential, in particular also…

This article includes a total of 892 words.

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