VIG Generates Profits in Poland

Professional ServicesInsurance ♦ Published: February 25, 2014; 09:31 ♦ (Vindobona)

Vienna Insurance Group Polska (VIG) generated a gross profit of PLN 229m last year.

VIG Generates Profits in Poland / Picture: © Vienna Insurance Group / Luftbildprofis

In 2013 the insurance company posted a profit of PLN 229m, up by PLN 52m compared to 2012. According to the company’s own announcements, PLN 4.8bn were generated from gross written premiums.

Of this amount, PLN 2.38bn were collected in property insurance, which saw a decline of 4.6 percent year-on-year, while PLN 2.44bn were collected in life segment, which dropped by more than…