Vienna Insurance Raises Dividends by 10%

Businessn.a. ♦ Published: May 4, 2012; 14:33 ♦ (Vindobona)

The biggest Austrian insurance group resolves an increase in dividend by 10 percent to € 1.10 per share.

Vienna Insurance Raises Dividends by 10% / Picture: © Vienna Insurance Group / Robert Newald

On 4 May 2012 the 21st Annual General Meeting of Vienna Insurance Group AG Wiener Versicherung Gruppe was held at Stadthalle in Vienna. Due to an increase in the profit (before taxes) by 10.1 percent to about € 560m and a growth in premiums by 3.4 percent to about € 9bn, the best result in Group’s history has been achieved. The double-digit profit increase in the core markets…