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Vienna Insurance Group Wiener Versicherung Gruppe / Half Year Results 2016: Vienna Insurance Group right on track
Press Wire ♦
Published: August 23, 2016; 07:59 ♦ (Vindobona)
Vienna Insurance Group's half year results for 2016 are right on target. VIG generated EUR 4.9 billion in Group premiums, representing a slight increase of 0.4 percent compared to the previous year. The restrictive underwriting policy used for single-premium life insurance in many markets continued to have an effect on total premium income. When adjusted for single premium business, total premiums even grew by 4.5 percent in the first six months of the current year.
Vienna Insurance Group Wiener Versicherung Gruppe / Half Year Results 2016: Vienna Insurance Group right on track / Picture: © Vindobona.org
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Subtitle: "A+" rating with stable outlook confirmed…
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